Financial mismanagement alleged in affairs of Islamabad Chamber of Commerce & Industry

ISLAMABAD: United Business Group of Islamabad Chamber of Commerce and Industry (ICCI) on Sunday asked the authorities to take notice of the...

Cement industry joins the chorus for reduction in taxes

LAHORE: The cement manufacturers on Sunday asked the government to reconsider the hike in Federal Excise Duty (FED) on cement in the...

Despite abolishment of zero-rating regime for export industries, Tractor Industry wants it for domestic sales

Islamabad: Al-Ghazi Tractors Limited (AGTL) has requested Federal Board of Revenue's (FBR) Anomaly Committee to also remove a historical anomaly that is resulting...

Govt sets ambitious target of 5.5% average GDP growth rate during its 5 year tenure

ISLAMABAD: Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar informed the National Assembly that the Pakistan Tehreek-i-Insaf (PTI) government has set...

Chinese company to set up $2m perfume plant in Faisalabad

 FAISALABAD: A Chinese company, Guangzhou Rongish Trading Company, is ready to set up a perfume and cosmetic unit in Allama Iqbal Industrial...

Qatar’s direct investment in Pakistan to help expedite business, tourism activities: Experts

ISLAMABAD: Qatar’s direct investment in Pakistan would help expedite business, trade and tourism activities besides strengthening the economy of the country. This was...

Govt to launch online sales tax system today

--FBR chief says FIA or NAB will not act against those who will avail amnesty scheme   Federal Board of Revenue (FBR) Chairman Shabbar...

Data of 45,000 International passengers stolen to unlock smuggled mobile phones

ISLAMABAD: The identity credentials of around 44,943 international passengers have been stolen to unlock illegal/smuggled mobile phones. Pakistan Telecommunication Authority (PTA) and Federal...

Government contemplating merging Pakistan LNG Limited and Pakistan LNG Terminal Ltd into PSO

ISLAMABAD: The government is all set to merge Pakistan LNG Limited and Pakistan LNG Terminal Limited into Pakistan State Oil (PSO) and a...

NA continues budget debate as legislators present proposals to improve economy

ISLAMABAD: National Assembly on Saturday continued debate on budget in another marathon sitting as legislators recommended wide range of steps to boost...

Gold hits Rs 78,600 per tola as US-Iran tensions fuel flight to safety

The value of gold in Pakistan has hit a record high, as the per tola price of the yellow metal reached 79,200...

Global money-laundering watchdog launches crackdown on cryptocurrencies

FRANKFURT/LONDON: Cryptocurrency firms will be subjected to rules to prevent the abuse of digital coins such as bitcoin for money laundering, a...

Pakistan’s energy sector greatly suffered due to lack of vision and strategy: experts

KARACHI: The speakers and experts were unanimous that Pakistan’s energy sector has greatly suffered due to a lack of vision and strategy...

Agreements with IPPs done earlier cannot be reviewed, PM concedes

After all the hype and NAB cases, better sense seems to have prevailed as the government has reportedly shown its inability to...

Tech-based network of Math tutors raises more than $100,000 seed investment

The startup plans to use this money by taking full advantage of the after-school tuition culture in Pakistan, by launching its English language program.