Tomatoes to be imported from Iran after skyrocketing prices

ISLAMABAD: The government on Wednesday allowed import of tomatoes from Iran for a period of one month to arrest the skyrocketing prices...

Rs100 billion worth of tax fraud discovered by FBR

KARACHI: The country's corporate sector has been found involved in at least Rs100 billion of tax evasion and avoidance during the last...

Pakistan, China to work on oil and gas projects

ISLAMABAD: Pakistan and China have agreed to include four key projects for oil and gas cooperation including finalisation of feasibility study on...

Raw cotton exports increase by 53.65 percent

Exports of raw cotton form the country during first quarter of current financial year increased by 53.65% as compared to the exports...

Italian delegation to visit Pakistan for B2B meetings: envoy

ISLAMABAD: Italian Ambassador Stefano Pontecorvo said on Wednesday that Pakistan was now gaining importance and credibility for business and investment, adding that an...

Brexit drove Tesla to pick Berlin over Britain for new factory

LONDON: Britain missed its chance to host the first European factory of US electric vehicle pioneer Tesla because of Brexit, Chief Executive Elon...

38 mega projects to be completed in FY20, PM told

ISLAMABAD: Prime Minister Imran Khan was briefed on Wednesday that a total of 170 projects would be completed during the ongoing fiscal...

PM wants FBR to restore people’s confidence in taxation system

ISLAMABAD: Prime Minister Imran Khan has termed tax collection as a key driver for economic stability, saying that the Federal Board of Revenue...

Oil falls as US-China trade deal prospects dim

SINGAPORE/LONDON: Oil prices fell on Wednesday as prospects for a trade deal between the United States and China faded, weighing on the outlook...

ECC approves increase in wheat support price by Rs50 per 40kg

--Committee approves comprehensive four-year Circular Debt Capping Plan --ECC constitutes committee to ensure provision of facilities in special economic zones ISLAMABAD: The Economic Coordination...

SECP witnesses 19pc surge in company registrations

ISLAMABAD: The recent measures of the Securities and Exchange Commission of Pakistan (SECP) to make the process of companies' incorporation easy and hassle-free...

Alibaba to spend more on travel, entertainment after $13.4bn listing

HONG KONG: Chinese e-commerce giant Alibaba Group plans to ramp up investment in its online entertainment, content and travel platforms with the...

SBP fines HBL over non-compliance of regulatory requirements

KARACHI: The State Bank of Pakistan (SBP) had fined Habib Bank Limited (HBL) an amount of Rs35.62 million on October 4 for violating...

Envoy calls for enhanced trade ties between Hungary, Pakistan

ISLAMABAD: Hungarian Ambassador Szabó István has proposed the signing of a memorandum of understanding (MoU) between the Hungarian Export Promotion Agency (HEPA)...

PM vows to economically uplift country by bolstering exports

ISLAMABAD: Prime Minister Imran Khan has vowed to economically uplift the country by bolstering exports and attracting foreign investment. He was addressing a...