Business

FBR says more than 6,300 refund claims processed under Annexure H

Mines’ lease-holders have failed to pay Rs51b in tax to the Centre over the last four years

Importers urge govt to introduce special policy to save them from heavy losses

Yao Jing says China will press ahead with CPEC despite challenges posed by the virus

The SECP-launched repository will hold critical data of life insurance policies electronically

Bourse says hiring made on basis of qualification and experience

Wall Street dived around 3% after it opened as the ugly sell-off spread

Jump in coronavirus cases in Italy, Korea spurs buying of safe-haven asset

Move aimed at pushing down prices of commodities

Decision put off due to lack of progress on some agreed prior conditions

Analyst says beyond near-term disruptions to supply chains, coronavirus could have an effect on headline GDP

Europe took a beating with Italy plunging more than 4% after a spike in cases of the virus

Benchmark index decreases 1,105.49 points to close at 39,143.73

Global shares also extend losses with number of infections jumping in Iran, Italy and South Korea

Increased tourism in cities can lead to job creation, cultural diversity, knowledge spillovers

Islamabad cannot afford high deficit, needs to focus on its contraction

Though monitoring is essential, it should not come at cost of capital flow

State Bank will try to cut rate slowly to avoid capital outflow

Standards for import of agri-products are likely to be more restrictive in face of deadly virus

Zaidi has been sick since January 9 due to which he had formally excused himself from working

A reduction of Rs5 to Rs30 has been made in the rates of dal chana, dal masoor and ghee

Move aims at implementing Ten Billion Tree Tsunami and Recharge Pakistan programmes

Also seeks consensus on global taxation system for digital era

OECD says this could boost national tax revenues by a total of $100b a year

Investors on sidelines as they awaited FATF outcome, focused on IMF talks and corporate results

Around 1.6 million televisions were sold in 2019, 8% higher than in 2018

Says European nation can act as gateway to Europe for businessmen

Report on institutional reforms reveals all scattered federal entities will be brought under a newly formed division

Spike comes after govt withdrew duties and taxes on raw cotton import in Jan

Official announces releasing more liquidity, lowering funding costs for companies

Gross profit of the company plunged over 75% to Rs392m compared to Rs1.6bn in the second quarter of FY1

Company also announces final cash dividend of Re1 per share

Brings three and four-wheel vehicles for market testing, sales display

High gross margins, other income propel earnings to Rs11.7b

Pakistan, India and Bangladesh imported 36 million tonnes in 2019, up 19%

Asad Umar terms setting up of SEZs govt's top priority

Pakistan's market follows global trend as investors park money in precious metal

Major inflows come from ADB, China amid criticism from World Bank

Governor Reza Baqir apprises president of measures and schemes taken by central bank

Finance leaders from G20 meet in Saudi Arabia at weekend to discuss risks to global economy

Benchmark index decreases 232.43 points to close at 40,249.22

The global terror financing watchdog keeps Islamabad on ‘grey list’ until June 2020 to complete 27-point action...

Investors dump riskier assets for the safety of bonds and gold

Says increase in machinery import, growth in LSM output support economy

FCCI chief says haphazard industrial growth has caused many civic problems

Urges businessmen to take benefit of Morocco’s FTA with US, EU

Aims to maintain current level of merchandise trade between two countries

Korean firm in Pakistan had sought commerce ministry’s permission for paraxylene import

According to finance ministry, revenue and budget deficit targets will be missed

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