‘Turkish investors keen to sign JVs with Pakistani counterparts’

ISLAMABAD: Ambassador of Turkey to Pakistan Ihsan Mustafa Yurdakul said on Friday that the cordial relations between Turkey and Pakistan should now...

Automakers around world await Trump tariff decision

WASHINGTON: Automakers around the world are awaiting a decision from US President Donald Trump on whether he will impose up to 25pc...

CCoP approves sale of SME Bank, PIA properties

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) on Friday approved the sale of SME Bank as well as the properties of different...

PLL floats tender for procurement of LNG cargo

ISLAMABAD: Pakistan LNG Limited (PLL) has floated a spot tender for the supply of one LNG cargo in February 2020 on a Delivered...

FBR releases tutorial videos to facilitate filers

The Federal Board of Revenue (FBR) has facilitated the taxpayers by releasing tutorial videos on the filing of income tax returns. According to...

Tough times over as economy stabilised, reiterates PM 

Prime Minister Imran Khan said on Friday the country's economic indicators have improved despite the difficulties that the Pakistan Tehreek-e-Insaf (PTI) government...

Stocks extend rally, index closes 340 points higher

KARACHI: Keeping up with the growth momentum, the Pakistan Stock Exchange (PSX) ended the week on a positive note, as the indices...

Indian tax officials find Modi’s targets too taxing, some quit

MUMBAI/KOLKATA: India's tax officials are facing a taxing issue. Prime Minister Narendra Modi's government wants them to collect 17pc more indirect taxes this...

D.G. Khan seeks approval to become country’s largest cement producer

D.G. Khan Cement Co. is aiming to become the country’s largest cement maker by expanding capacity by 12,000 tonnes a day. Business tycoon...

IFC to finance six wind power projects in Pakistan

ISLAMABAD: The International Finance Corporation (IFC), a member of the World Bank Group, has led the financing of a first-of-its-kind program to...

Amazon challenges Pentagon’s $10-billion cloud award to Microsoft

WASHINGTON: Amazon.com Inc on Thursday said it is contesting the Pentagon’s award of an up to $10 billion cloud computing deal to...

Errant AMC not compliant with AML, CFT laws; told to provide time-bound plan

Commissioner Securities Market Division (SMD), in an order issued by the Securities and Exchange Commission of Pakistan (SECP), has stated that Errant...

Sindh establishes dedicated doing business reforms unit

KARACHI: Sindh government has established a dedicated Doing Business Reforms Implementation Unit (DBRIU) in Sindh Investment Department to ease, improve and enforce...

Govt urged to restore zero-rated tax regime for textile sector

KARACHI: All Pakistan Textile Mills Association (APTMA) has urged the government to restore zero-rated regime for textile sector as it has failed...

Trade deficit shrinks 34 percent in current fiscal year

ISLAMABAD: The country’s trade deficit fell by 34 percent in the first four months of current fiscal year due to a notable...