FPCCI sees Qatari emir’s visit as good omen for Pakistan’s economy

The recent visit of Qatari Emir Sheikh Tamim bin Hamad Al Thani will go a long way in the promotion of bilateral...

SECP revamps regulatory framework for mutual funds

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has revamped the regulatory framework for the mutual funds' industry with an aim to...

China criticises possible US penalties against banks

BEIJING: China on Tuesday criticized Washington’s efforts to enforce US law abroad following a news report three Chinese banks might be penalized over...

NA body calls for workable solution to exporters’ woes

ISLAMABAD: The National Assembly's Standing Committee on Commerce and Textile on Tuesday advised the Ministry of Commerce to find a workable solution to...

Gold continues to break records, reaches Rs80,500 per tola

Gold prices in Pakistan have hit a record high as the price of per tola reached to 80,500 on Tuesday after an...

European watchdogs demand detail on Facebook’s cryptocurrency

LONDON: Facebook's fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant’s...

Czech companies urged to explore trade opportunities in Pakistan

ISLAMABAD: Lauding the expertise of the Czech Republic in the engineering and auto sectors, Adviser to Prime Minister on Commerce Abdul Razak Dawood...

Petroleum Division seeks up to 200pc hike in gas prices for domestic consumers

'The hike in gas prices, if approved without any changes, will put an additional burden of Rs175bn on consumers' The Petroleum Division...

Stocks dip 281 points amid economic concerns

KARACHI: The Pakistan Stock Exchange (PSX) experienced a volatile session on Tuesday amid a dearth of market triggers, the possibility of FATF blacklisting,...

FedEx sues US government over shipment restrictions

NEW YORK: American logistics giant FedEx has sued the US government, saying Washington's restrictions on exports and imports due to growing trade disputes...

Outgoing FATF chief ‘hints’ at blacklisting Pakistan

Marshall Billingslea says with regard to an action plan agreed in June 2018, Pakistan is 'lacking in almost every respect'. Outgoing Financial...

BMW vows to rev up electric car rollout

MUNICH: German high-end carmaker BMW said on Tuesday it would accelerate its plans to build new electric models, as the whole industry comes...

Bank registered contract, LC, mandatory for export consignment clearance from today

All export consignments based on letters of credit (LC) or contract will now have to submit bank registered contacts and LC from...

Locust invasion in Sindh causes fear of large-scale crop loss

Swarms of locusts have overtaken many districts of Sindh, and become a major threat to to numerous agricultural crops. The pestilent species of...

Register now, pay taxes later, PM Imran tells nation

Says people can declare their assets by June 30 deadline and make payments in instalments  Promises to reform tax authority, says...