China vows to help uplift Pakistan’s economy

PM Khan says his party inherited a ‘very difficult economic situation’ coming into power President Xi says he is willing to...

Pakistan likely to get unilateral concessions from China

A grant of 400 million yuan also on the cards ISLAMABAD: China is likely to give unilateral concessions to Pakistan on more than...

FBR fails to launch track and trace system for tobacco industry

The board is allegedly delaying the bidding process of the system which is designed specifically to curb tax evasion ISLAMABAD: Despite falling...

Transactions through e-banking channels touched Rs47.4 trillion in FY18: SBP

The number of local e-commerce merchants registered with banks reached 1,094 and consumers carried out 3.4 million online e-commerce transactions valuing Rs 18.7 billion

Pak Suzuki again ratchets up prices of vehicles by Rs40,000

The prices of Suzuki Swift DLX and AT have been jacked up to Rs1,515,000 and Rs1,651,000 and Cultus VXR, VXL and AGS prices have been revised upwards to Rs1,380,000, Rs1,501,000 and Rs1,608,000

Govt increases petrol price by Rs5 per litre

ISLAMABAD: The government has raised the prices of petrol by Rs5 per litre, it was learnt on Wednesday. The price of diesel has raised...

Pakistan says court lacks authority to impose $846m award over Karkey project

The tribunal initially ordered Pakistan to pay $501 million, however, due to nonpayment and accumulation of interest, the total has grown to nearly $846 million

Pakistan jumps 11 places to 136th in WB ease of doing business index 2019

Pakistan has improved business climate for SMEs

FATF ‘grey listing’ to have limited impact on Pakistan’s economy: EIU

EIU believes diplomatic support for Pakistan is not as rosy compared to the previous instance it was placed on FATF’s grey list and projected much stricter monitoring this time

Asad Umar defends move to approach friendly countries, IMF for financial assistance

Mr Umar rebuffed the impression that the government’s vacillation on the IMF programme had spawned the stock market crash and told the house that the KSE-100 benchmark index had nosedived by 15,000 points even when the previous PML-N administration was in power

FBR deprives hundreds of overseas Pakistanis from availing tax amnesty scheme

A circular issued by the FBR on October 24th effectively deprives those overseas Pakistani's from availing the benefits of the tax amnesty scheme who had declared their foreign assets worth Rs155 billion

King Long Automotive to setup assembly plant in Lahore for producing buses

The official said the project is projected to rope in an investment of around $200 million

HBL reinventing itself under new president

The HBL CEO aims to transform it into an IT company with a banking license

BankIslami becomes victim of $6.5 million cyber-attack

Transactions of approximately $6 million as claimed by the international payment scheme have been denied by the bank.

NEPRA grants license for 11.80MW hydel power plant in KP

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has granted the power generation licence to Pakhtunkhwa Energy Development Organization (PEDO) for its 11.80MW...