‘Tesla move will draw further companies into Germany’
FRANKFURT: Tesla's announcement earlier this month that it will build its first European factory near Berlin will draw further companies from the electric...
FBR to tighten noose around sugar manufacturers
Revenue board deputes officers to investigate tax evasion in sugar sector
‘Govt committed to promoting economic activities in Balochistan’
Balochistan Chief Minister Jam Kamal Khan has said that the government is committed to promoting economic activities in the province.
Addressing the inaugural...
China’s factory activity unexpectedly returns to growth in Nov
BEIJING: Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked...
Income tax return deadline extended to Dec 16
KARACHI: The Federal Board of Revenue (FBR) has extended the date for filing of income tax return and wealth statements for individuals...
Cotton shortfall of 7 million bales expected; NA committee told
ISLAMABAD: The government has stated that there would be a shortfall of 7 million bales of cotton as total production is now...
Chinese investors willing to invest upto $2bn in PSX but Chinese capital controls a hurdle
KARACHI: Chinese investors have shown interest in investing some $2 billion in the Pakistan Stock Exchange (PSX).
“Small Chinese stockbrokers having $52 billion...
Auction for 40 new gas, oil sites to be held in Dec: Omar Ayub
ISLAMABAD: Federal Minister for Power and Petroleum, Omar Ayub Khan on Friday said that the petroleum sub-sector will be offering huge oil...
FBR chairman assures stoppage of raids at business centers
RAWALPINDI: Chairman Federal Board of Revenue (FBR) Shabbar Zaidi has assured business community that no raids would be conducted on registered Tax...
Samsung, LUMS join hands to accelerate social startups in Pakistan
LAHORE: Samsung Electronics Pakistan and Lahore University of Management Sciences (LUMS) have joined hands to support and empower social startups contributing towards the...
US weighs new regulations to further restrict Huawei suppliers
WASHINGTON: The US government may expand its power to stop more foreign shipments of products with US technology to China’s Huawei, amid frustration...
PTA terms American watchdog’s report on Pakistan as ‘biased’
ISLAMABAD: Pakistan Telecommunication Authority has released a detailed response to Michael J Abramowitz, President of the Freedom House – an NPO watchdog organization...
Korean investors eager to explore Pakistani market: envoy
South Korean Ambassador to Pakistan Kwak Sung Kyu said on Friday that the investment companies of his country were eager to invest...
Govt yet to receive Diamer-Bhasha money, NA body told
ISLAMABAD: National Assembly's Standing Committee on Water Resources was informed on Friday that Rs12 billion collected for Diamer-Bhasha Dam has not yet...
FBR chief urges traders to help curtail smuggling
RAWALPINDI: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has sought traders’ help and cooperation in addressing the menace of smuggling.
The...