Business

Abdul Hafeez Shaikh announces 4% tax for legalising Benami assets inside the country, 6% for assets abroad

Online giant ramps up efforts to control its own logistics

Two Saudi Arabian oil tankers among vessels targeted by 'sabotage attack'

Beijing, however, stops short of announcing how it will deal with the escalating trade dispute

Price of the cryptocurrency has almost doubled this year

Decline comes on back of massive institutional selling following signing of IMF deal

In short term, oil prices may get a further boost from US-Iran standoff

It can agree on a lower renewal fee; operators should commit to spend more in field

Will also establish aerospace research parks, cargo villages for export promotion

Improvement in market liquidity, economic stabilisation key to sustaining current status

New team must ensure policies that raise revenue, improve business environment

Staff level agreement on economic policies could be supported by a 39-month Extended Fund Arrangement

Interstate Gas Company MD says Islamabad wants project to be completed

Aims to secure its investment in Chinese Mercedes-Benz manufacturing company

Chinese official voices optimism over reaching a trade deal

Special cell will be established in it to probe money laundering in the garb of trade

Company was considering going public for at least four years

SEF expected tp be adopted during next Pakistan Turkey High Level Strategic Cooperation Council meeting

Date varieties are 50 years old and are mostly not acceptable internationally

Delay in policy forced telecom operators to approach court

Talks with IMF, upcoming MSCI review keep investors cautious

Meanwhile, rupee falls to Rs145 to the greenback during intra-day trading

Imran Khan-led govt fails to address structural problems; tackle low investment, savings rates

Blames continuing concerns from the European Commission

Stresses need for improving water productivity in rice fields

To accommodate the increasing demand, the booth area for businesses will be expanded to 300,000 square metres

Decision taken in a bid to stave off goods shortage in Ramazan

Banker remains dissatisfied, saying inflows should have been much higher

Three main sticking points lead to inconclusive talks on last day of IMF visit

Syed Shabbar Zaidi says taxpayers must be intimated at least 24 hours prior to taking action

Currency depreciation leads to a rise of Rs1,200 in per-tola price of gold

Benchmark index decreases 171.11 points to settle at 34,716.53

US denies China Mobile request to operate in its market citing national security concerns

US increases levies on $200 billion worth of Chinese goods to 25%

Countries hold last-ditch talks in Washington as US tariff hike on $200 billion worth of Chinese goods takes effect

A protracted trade war between the two economies will damage global growth

A$50 currency is the most widely circulated banknote in Australia

Will discuss cooperation in different areas, particularly agriculture

Company official says country’s 0.3% insurance penetration can be easily taken to 3%

Part of working capital is stuck in circular debt; rupee fall causes loss on coal import

Slows down to 3.3%; govt misses targets set for all major sectors

Estimate has been worked out on basis of $74b external public debt as of end-Feb

Comments come following stinging criticism from US secretary of state in London

Benchmark index decreases 147.39 points to settle at 34,887.64

Increase attributed to official government inflows

US officials accuse Chinese counterparts of retreating from major planks of an agreement

The A$50 currency is the most widely circulated banknote in Australia

Heightened tensions between world's two biggest economies cloud outlook for global growth

Says it suffers 7-8% price hit due to absence of zero-rated regime

Matters regarding expansion of ties, facilitation of transportation debated in detail