PM encourages Chinese businessmen to invest in Pakistan
Prime Minister Imran Khan on Tuesday encouraged the Chinese businessmen to invest in Pakistan, given the latter's efforts to promote 'ease of...
Rs4.25 trillion to be raised from government securities
KARACHI: The State Bank of Pakistan (SBP) released the auction calendar for the final quarter of CY19, in which it aims to...
Tax Refunds: To obtain or not to obtain, and if so, how?
Benjamin Franklin famously said that "n this world nothing can be said to be certain, except death and taxes." His words are...
SECP to formulate regulations for non-profit organizations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken measures to regulate non-profit organizations (NPOs) to enhance transparency in the...
Finance Division refuses additional $150 million guarantee to PLL
ISLAMABAD: The Finance Division has turned down a request of state-run Pakistan LNG Limited (PLL) for additional guarantees worth $150 million in...
Delay in CPEC projects could turn costly, hinder economic development
LAHORE: Protracted delay in the execution of various projects sanctioned for Azad Jammu and Kashmir (AJ&K) under the China-Pakistan Economic Corridor (CPEC)...
Public debt marginally up by 1.43 percent in July-August
KARACHI: Pakistan’s public debt marginally increased 1.43 percent to Rs32.240 trillion in the first two months of the current fiscal year, the...
FBR sends tax notices to over 130,000 high net-worth individuals
ISLAMABAD: The Federal Board of Revenue (FBR) has issued as many as 134,848 notices to high net-worth individuals across the country in...
‘Health, safety of industrial workers imperative for sustainable development’
Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Monday that health and safety of industry workers would ensure sustainable...
Experts highlight trade opportunities for Pakistan amid US-China rift
'Higher tariff on Chinese products makes Pakistani exports more competitive in the US market'
'Chinese manufacturers can ward off punitive tariffs...
HSBC to cut up to 10,000 jobs in drive to slash costs: FT
HSBC Holdings Plc (HSBA.L) is planning to cut up to 10,000 jobs, more than 4% of its workforce, as interim Chief Executive...
UBL launches mobile contactless payments with Gemalto, Visa
UBL is the first bank in Pakistan who has partnered up with Gemalto, Visa and 1LINK to launch digital payment through tokenisation...
FBR chairman directed to resolve NIC issue
Senate’s Standing Committee on Commerce and Textile Industry Chairman Senator Mirza Muhammad Afridi has ackowledged the services rendered by the business community.
He...
Govt amends tax laws to promote trade activities at Gwadar port
ISLAMABAD: In a bid to promote trade activities at Gwadar port, the government, through a presidential ordinance, has granted tax benefits to Chinese...
Customs officer transferred for pointing out corruption in FBR
ISLAMABAD: Federal Board of Revenue (FBR) has transferred its senior customs officer for writing a letter to Adviser to Prime Minister on Finance...