Govt working on mechanism to wipe out money laundering, suspicious transactions: Hammad
ISLAMABAD: Federal Minister for Economic Affairs, Hammad Azhar on Tuesday said that the present government was working on mechanism to wipe out...
Multimillion dollar contract awarded to private company to track tobacco products
ISLAMABAD: The Federal Board of Revenue (FBR) has awarded a multimillion dollar contract for license of track and trace system of tobacco...
NFC award payouts to provinces increase
LAHORE: Federal transfers from the divisible tax pool to provinces under the National Finance Commission (NFC) award appears to be gradually increasing...
Power Division seeks to end guaranteed annual LNG offtake
ISLAMABAD: The Power Division is seeking an end to the existing minimum guaranteed annual Liquefied Natural Gas (LNG) offtake to facilitate privatisation...
NA body for comprehensive strategy to increase external trade
National Assembly’s Standing Committee on Commerce and Textiles on Tuesday stressed the need for a comprehensive strategy to increase the country's external...
Internet services disrupted across Pakistan as submarine cables go offline
Internet services across the country partially crashed on Tuesday evening, due to a fault that developed in international submarine cables that connect...
NBP posts Rs16.3bn profit after tax
The National Bank of Pakistan Board of Directors on Tuesday approved the bank’s financial statements for the nine-month period ended June 30,...
Finance ministry sees no hurdle in IMF’s first review
ISLAMABAD: Amid speculations of a strict International Monetary Fund (IMF) review of Pakistan's loan programme, the finance ministry sees no hurdle in the...
APTMA voices against govt’s seizure of containers
ISLAMABAD: As the governments in the centre, Punjab and Khyber Pakhtunkhwa have seized thousands of containers to control the Jamiat Ulema-e-Islam-Fazl's Azadi March,...
Talks between govt, traders fail; shutters to remain down tomorrow
APAT president criticises finance advisor and FBR chairman for 'backtracking from decisions taken during earlier talks'
Finance advisor says traders' support...
KP admin places one-month ban on wheat export to Afghanistan
ISLAMABAD: On the directions of the Khyber Pakhtunkhwa government, the district administration of North Waziristan on Tuesday banned the export of wheat, flour,...
NEPRA all set to raise power tariff by Rs2.97 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is all set to jack up power price by Rs2.97 per unit under the head...
‘Saudi Aramco aims to begin planned IPO on Nov 3’
DUBAI/RIYADH: Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov 3, three people with direct knowledge...
KSA urged to increase Pakistani manpower quota in new Taif project
ISLAMABAD: The government has formally requested the Kingdom of Saudi Arabia to enhance the quota of Pakistani workforce in the multi-billion dollar...
IMC sales drop 41pc to Rs20.7bn
ISLAMABAD: Following the downward trend in the auto sector, Indus Motor Company's net sales turnover for the 1st quarter of the fiscal...