Two IMF conditions met by Pakistan govt
ISLAMABAD: The government has said that it has met two conditions of the International Monetary Fund (IMF) about quarterly increase in power...
Govt asked to eliminate multiple taxes on imports
ISLAMABAD: The Senate Standing Committee on Commerce and Textiles has asked Adviser to Prime Minister on Commerce Abdul Razak Dawood to come...
Pakistan the 4th highest remittance receiver in the region
KARACHI: Pakistan was in the top five in the remittance receivers in the region last year, according to the latest report by...
Zaidi not involved in issuing IFL to tobacco companies, FBR clarifies
The Federal Board of Revenue has rebutted a media report, published on 5th August 2019, regarding issuance of Invitation for License (IFL)...
Bill to extend FPCCI office-bearers’ tenure withdrawn
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has strongly opposed a proposed bill to extend the tenure of the Federation of Pakistan...
Govt mulls establishing cottage business parks
ISLAMABAD: A proposal to set up cottage business and resident parks to promote small and medium businesses was tabled during a high-level meeting...
Sales tax refunds worth Rs15.6bn released: Hafeez Shaikh
Adviser to Prime Minister on Finance Abdul Hafeez Shaikh said on Wednesday that the Federal Board of Revenue has cleared Rs15.6 billion...
Govt eyeing African market for engineering exports: Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Wednesday that trade diversification through engineering goods would increase the volume...
President stresses need to automate audit processes
President Dr Arif Alvi has emphasised the need to introduce modern technology in the audit processes so as to ensure maximum transparency,...
Investors lament lack of facilities at SEZs
ISLAMABAD: Investors at the Bin Qasim Industrial Park and Korangi Creek Industrial Park have voiced against the absence of facilities at the Special...
Minister briefs APG about Pakistan’s progress on FATF action plan
Economic Affairs Division Minister Muhammad Hammad Azhar has discussed Pakistan’s progress on the Financial Action Task Force's (FATF) action plan during meetings...
Russia’s ExpoBank takes keen interest in Pakistan’s financial sector
ISLAMABAD: Expobank Chairman Igor Vladimirovich Kim has expressed keen interest to invest in Pakistan's financial sector.
Talking to Privatisation Minister Muhammad Mian Soomro...
China auto sales down 6.9pc in August
BEIJING: China continued to report sluggish sales of automobiles in August, while the decline in car output narrowed, industry data showed on...
Apple’s new, lower priced iPhone draws tepid response in Asia
HANGZHOU: Apple Inc's new, lower-priced iPhone that comes with a faster processor but lacks 5G technology disappointed Asia, where cheaper and feature-packed...
British-Pakistani businessman appointed to House of Lords
Bestway Group Chief Executive Zameer Choudrey CBE would be appointed to the House of Lords under the Queen's intention of conferring Peerages...