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FBR constitutes committee to finalise tax regime for traders
Aims to resolve differences over issues of disclosing identity for trading purposes
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PIA earns Rs7-8b from Hajj operations
Expected revenue significantly less than the anticipated Rs25b
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Planning ministry sanctions Rs15.4b for PSDP
Moves comes amid less demand for budget by line ministries
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With the PSX in freefall, stockbrokers quit business
Around a dozen have surrendered their membership in past two to three months
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Cathay CEO resigns amid Hong Kong protest blowback
Cathay CEO resigns amid Hong Kong protest blowback
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Market watch: KSE-100 losing streak continues for eighth successive session
Benchmark index loses 664.44 points to settle at 28,764.63
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Why oil costs us Pakistanis so dear!
ET explains formula that determines prices of petroleum products in country, generating huge revenue for government
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ECB shuts down one of its websites
It says no market-sensitive data has been compromised during the attack on the Banks’ Integrated Reporting Dictionary
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Thailand eases housing loan rules
Many people take out a mortgage jointly with someone else as that makes it easier to get a loan
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UK offers £25m contract to maintain drug supply
The contract will run for 12 months, with a possible further 12-month extension
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Despite US ban, Huawei aims to lead tech industry
Wants to use Android operating system in future devices as well
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Boeing delays delivery of long-range version of 777X
Plane-maker faces engine-related delays on its wide-body aircraft
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US cuts Pakistan’s aid by $440 million
Brings down its commitments under Kerry Lugar Berman Act from $4.5bn to just $4.1bn
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Kinnow growers reject new purchase price
Exporters offer Rs600 per 40 kg, which is lower than last year
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Hide, skin prices plunge in absence of technology
Heavy showers, lack of storage capacity also cause price fall
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Refund phishing scam hits nation’s mailboxes
FBR chief says the agency does not send refund emails, warns citizens to be vigilant
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Rs1.2tr debt added to build cash buffer: Azhar
Minister insists reserves created to make timely debt repayment in future
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WTO panel to judge US-China solar panel row
China terms safeguard measures attempt to shield US producers from foreign competition
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Bitcoin slumps to two-week low on technical trading, market jitters
Falls 5.5% in early trade after slumping 7.7% on Wednesday
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Oil deepens slide below $58 on recession fears, US stocks
Investors concerned world's biggest economy heading for recession
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Tech giants to testify against digital tax
Alphabet Inc’s Google, Facebook and Amazon.com among companies that will testify
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Argentina announces relief package
Peso opens 12.3% weaker at 61 per US dollar after Mauricio Macri announces measures
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Kremlin says WTO will be in doubt if US left
Trump has threatened to pull US out of WTO
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TAPI, offshore pipelines to ensure energy security
They provide alternative energy supply options amid Mideast tensions
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$66m project termed ‘moderately satisfactory’
World Bank evaluation puts question mark over development effectiveness
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Central bank chief sees economy on the mend
SBP governor says decisions taken have started bearing fruit
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Oil prices fall on weak global economic data
Decline erases strong gains posted in previous session
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No-deal Brexit would betray Britain: ex-finance minister
Says there is no popular or parliamentary mandate for a no-deal Brexit
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Signs of hope in trade war as US delays new tariffs on Chinese electronics
News that top trade officials spoke offers further signs of a possible let up in trade war
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Fossil fuels? Plastic? Trump says more is better
Whilst environmentalists decry fossil overuse, US president senses opportunity
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Enhanced market access to US just pie in the sky
No assurances given for preferential market access during PM’s visit
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Most civic issues stem from Pakistan’s poor urban planning
This has led to ineffective drainage system, rainwater accumulation
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De-notify Debt Inquiry Commission immediately
It will create more panic among investors, bring more discredit to govt
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Reforming regulators NEPRA and OGRA
There should be advisory bodies and appellate tribunals
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Germans to stop paying solidarity tax
The government in their 2018 coalition agreement laid down plans to help citizens on small and medium incomes
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Investors asked to explore Afghanistan
Envoy says Kabul is undertaking reforms to promote business activities
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US-China trade deal in doubt, Trump says US ‘not ready
Hints at cancelling talks set for September amid intensifying war
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Overseas Pakistanis face problems in duty payments
Issue arises due to rupee movement, change in duty and tax structure
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Gold hits new all-time high at Rs87,350 per tola
Increase comes on back of surge in demand from investors
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Govt converts short-term debt into long-term bonds
Quietly issues PIBs to SBP, increasing share of long-term debt to Rs15.3 trillion
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High US tariffs may cut China growth: IMF
US duties of 25% on more Chinese goods will slow economy
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Apple loses more ground in smartphone market
Tech giant falls to fourth place in global smartphone sales
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Focus on export diversification
Through policy intervention by providing technical and financial support
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Rupee weakens against dollar
According to forex.pk
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In a first, PIA Lahore dept performs Boeing’s ‘A’ check
Earlier, aircraft were flown to Karachi for inspection
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OGRA notifies up to 39% increase in minimum gas charges
Domestic consumers exempted; rise in charges will be effective from July 1, 2019
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SBP imposes Rs185m penalty on four banks
Banks fined due to violation of rules related to AML, foreign exchange operations
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KE moves NEPRA for Rs20.29b additional recovery
Power utility wants recovery on account of fuel price hike in last three years
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Overseas Pakistanis send home $2.03 billion in July
Increase in remittances comes due to upcoming Eidul Azha
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Electricity bill collection goes up Rs121b in nine months
Performance report says T&D losses drop 1.4% with positive impact of Rs160b