Business
More News
-
Amnesty explained: Sword of Damocles hangs over heads of tax dodgers
Citizens have few days left to legalise most movable and immovable assets
-
Govt borrowing to rise 84% to record Rs43.5tr in FY20
The money will be spent on repaying maturing public debt and bearing interest cost
-
'Disclose hidden assets or face imprisonment', FBR warns Pakistani expats in UAE
All Pakistanis are required to declare their concealed assets by June 30 under new tax amnesty scheme
-
New chapter of Pak-EU cooperation opens
Country signs Strategic Engagement Plan with European bloc
-
Market watch: Stocks shed 281 points in absence of triggers
Benchmark index decreases 0.82% to settle at 34,190.62
-
Oil prices drop on demand worries, Saudi Arabia supply pledge
Saudi Aramco says its spare capacity of 12m bpd is sufficient to meet customers' needs
-
Locusts swarm 6 Sindh districts, devour crops
Farmers may suffer huge losses; DPP teams conducting operations to control insects
-
Chinese firm to invest $2m in chemical sector
Intends to explore business, investment opportunities in Pakistan
-
SECP policy board suggests cut in regulatory fee
Also asks commission to restore licences of stockbrokers
-
Tractor-makers seek import tax abolition
Lament sales tax refunds are not being released timely
-
Finance ministry aide terms budget highly subsidised
Says budget FY20 sets direction for economic stabilisation
-
Govt gives Rs20b tax relief to richest class
Reduces tax liability on inter-corporate dividends by amending Section 103C of IT Ord
-
Government announces crackdown on sugar millers
Believes mills are hoarding sugar to raise prices artificially
-
PAC panel notes non-utilisation of ministry’s grant
Orders production ministry to immediately return recovered amount to exchequer
-
Amnesty scheme is no NRO, says FBR
Board submits written response on petition challenging ordinance
-
Oil extends gains on US-Iran tensions
Washington is set to announce new sanctions on Tehran
-
Iran, Venezuela may complicate global oil deal talks - Kazakhstan
OPEC will meet on July 1-2 to discuss whether the oil output deal should be continued
-
Market watch: Stocks lose over 650 points amid absence of support fund
Benchmark index decreases 1.9% to settle at 34,471.95
-
Qatar also offers US $3 billion to Pakistan
Loan from Gulf country to come in shape of deposits and direct investments
-
Bitcoin crosses $11,000 barrier for the first time since 2018
Facebook also announced plans last week to launch a new global cryptocurrency called Libra
-
Nanotechnology - underachiever of modern era
Country should ensure development, otherwise, it will remain obsolete in technology
-
Food processing and value addition – a missed opportunity
Country needs to devise realistic policy for enhancing food processing, value addition
-
Export of services and its exponential potential
Services-sector growth can help reduce deficit, alleviate poverty
-
Keeping pace : Assisting average citizens with amnesty
NGO educating and helping people to declare assets
across Karachi -
Content and context of IMF programme
Analysts trace historical roots, talk about long-standing structural problems
-
Huawei files lawsuit over seized equipment
Case is latest salvo in battle between US govt and Huawei
-
Negotiators pave way for Trump-Xi meeting at G20
China hopes US will create necessary atmosphere for evenhanded dialogue
-
Cigarette manufacturer backs FED of Rs300 per kg
Insists the levy will assist in documentation of the industry
-
Weekly review: Lack of triggers, profit-taking drive market down
KSE-100 index closes lower by 448 points to settle at 35,125
-
FBR doubles service charges on goods clearance
Businessmen concerned as charges go up to Rs500 per goods declaration
-
Energy testing lab being set up at $10m cost
Speakers say energy sector has suffered due to lack of vision
-
Govt’s foreign borrowing soars to $9.5b in 11 months
Fails to meet annual projection of $9.3b in foreign loans
-
Chinese company ready to invest $3b in Lahore project
Will pour capital into clean drinking water and sanitation system
-
inter-bank market: Rupee stable against dollar
World Bank has supported the idea of leaving the rupee free from state control
-
Investment: ‘Opportunities emerging in agriculture’
akistan was a preferred country due to its agricultural resources where lots of investment opportunities were emerging
-
Govt quietly offers tax amnesty to realty sector
Allows investors to legalise tax-evaded money at just 4% of property value
-
Honda raises car prices by up to Rs425,000
Increase comes due to rupee depreciation against dollar
-
Pakistan lags behind in online sales
Chinese official says trust deficit, lack of efficient payment system hamper e-commerce
-
Majid Al Futtaim to invest Rs40b in Pakistan’s retail
Massive investment comes despite uncertain economic situation in country
-
Govt mulls SEZ for electric vehicle manufacturing
Official says Pakistan has situation conducive for introducing electric vehicles
-
Gold price touches fresh peak at Rs78,100 per tola
Metal becomes expensive following rise in world market that hit six-year high
-
World Bank approves $171m for K-P agriculture
Will support productivity by improving irrigation
-
Chinese firms ready to relocate industrial units
Adviser says govt wants Chinese companies to form joint ventures
-
FATF gives Pakistan until October to curb terror financing
Finance ministry says govt committed to timely completion of action plan
-
Market watch: Stocks post limited gains as index rises 129 points
Benchmark index increases 0.37% to settle at 35,125.25
-
Govt set to go public with data of 53 million people
Effectiveness of this move may be minimised as data has not been transformed to actionable information
-
Oil rises towards $65 on fears of US attack on Iran
Prices continue to spike on back of growing tensions in Middle East after Iran shot down US drone
-
Long-term sugar policy under consideration
Dawood expressed hope that balance quota for sugar export to China would be utilised to improve balance of trade
-
Oil jumps 3% amid US-Iran tension
Brent crude, the global benchmark, was up $1.40 at $63.22 a barrel at 1035 GMT
-
Rupee stable against dollar
The central bank said it will continue to closely monitor the situation