Senate body stresses uniform criteria for all provinces in FPCCI election

Committee terms one-year tenure of FPCCI president as insufficient, as ‘most of the time is spent in preparation for next election’ ISLAMABAD: The...

Petroleum Division grants oil exploration licence to Kuwaiti firm

The Petroleum Division has granted Kirthar Pakistan BV — a subsidiary of Kuwait Foreign Petroleum Exploration Company (Kufpec) — the license for...

BOI chairman Haroon Sharif resigns

Board of Investment Chairman Haroon Sharif resigned from his post on Wednesday. Sharif in his brief discussion with a private media outlet confirmed...

KSA to activate $3.2bn deferred payment facility for oil from July

Saudi Arabia will extend a $3.2 billion deferred payment facility with Pakistan for petroleum products from the start of July, the PM's...

Jewellery exports drop 22pc in 10 months

ISLAMABAD: Jewellery exports from Pakistan decreased by 22.47 per cent during the first ten months of the current fiscal year as compared to...

Chinese envoy lauds FBR’s reform agenda

ISLAMABAD: Ambassador of China to Pakistan Yao Jing on Wednesday appreciated the steps taken by the Federal Board of Revenue (FBR) to facilitate...

Only 50,000 registered companies filing tax returns: FBR chairman

'Industrialists can clear their past sales tax liabilities by paying just 2pc'  ISLAMABAD: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi said...

Prepare for difficult times, China’s Xi urges as trade war simmers

BEIJING/WASHINGTON: China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state...

Bulls take charge as KSE-100 closes 1,195 points higher

Index records highest single-day gain for 2019 KARACHI: After days of volatile trading, the Pakistan Stock Exchange (PSX) made a much-needed recovery...

‘Put expiry date on Pakistani currency and the black economy will wither away’: BS or not?

Social media is abuzz with a zany suggestion of replacing the currency presently in circulation in the economy with new currency that...

KSE 100 jumps 1,055.41pts, anticipates Pakistan’s greylist removal

The KSE 100 index has gained 1,055.41 points in the very first hour of the trading session here on Wednesday

FATF to decide Pakistan’s fate in Orlando, likely to be removed from greylist

During the Asia Pacific-Joint Group face-to-face meeting in Guangzhou, China, on May 15-16, Pakistan presented its case and presented all the actions that it had taken in compliance with FATF’s regulations.

Pakistan faces Rs60b annual loss due to oil smuggling

Pakistan faced an annual loss of Rs60 billion because of oil smuggling from Iran, a parliamentary panel was informed on Tuesday.

Cabinet approves Rs100bn youth loan programme

Briefing the media about cabinet decisions here, Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said the cabinet held a thorough discussion on education policy and the new Rs100 billion youth loan programme.

‘NRPs not required to become filers to open foreign currency bank account’

ISLAMABAD: A non-resident Pakistani is not required to be a filer to open a foreign currency bank account, said the office of the...