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‘Cut in tax rate necessary'
Reduction in the tax rate is necessary to improve tax culture and collections, says minister
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Trump denies plan to pull out of WTO
I’m not talking about pulling out, Trumps says
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UD Trucks launches heavy-duty truck range
We are very excited about the arrival of the Quester range in Pakistan, says UD trucks region president
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Canada retaliates tariffs on US metals, orange juice
Penalties will add 25% to cost of US steel, and 10% to aluminium
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Efficient use of energy stressed
Punjab conducts survey for energy conservation
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‘Auto shutdown’ of RLNG-based plants behind prolonged blackout
Report of Power Division says they parked themselves in 'island mode'
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Federal cabinet extends tax amnesty scheme for a month
President promulgates ordinance after summary approved by caretakers
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Economy set to face tougher challenges in FY19
After registering impressive GDP growth, slowdown may be expected
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Amid upheaval, Rs857b wiped off Pakistan’s stock market
KSE-100 endures worst year since 2008-09 with change in political leadership
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Petrol price hiked to Rs99.5 per litre
Caretakers pass on to consumers full impact of rupee’s depreciation against dollar
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India preparing for cut in oil imports from Iran
India is the biggest buyer of Iranian oil after China
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Trump says Saudi king agreed to raise oil production up to 2 mln barrels
The world's top oil exporter plans to pump as much as 11 million barrels of oil per day (bpd) in July
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Trump denies planning to pull out of WTO
Trump says WTO is a "disaster", flouted international trade norms for US national security
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Factory growth in June slows in China as trade tensions rise
Investors grapple with some of their worst losses in years amidst a bitter Sino-US trade row
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PIA debt hits Rs406b, running only on govt support: report
Poor HR practices, unions, inept leadership main factors behind losses
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FPCCI supports Kalabagh Dam
The business leaders said problems like power shortage and unavailability of water need to be taken care of
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SPI increases 0.07%
During the week, average prices of 17 items rose in a selected basket of goods
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Rupee stable against dollar
Since December, the rupee has cumulatively shed close to 13% of its value
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Engro Corp begins talks with Netherlands-based LNG firm
Company is looking to sell minority stake in its Karachi-based LNG import terminal
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Sartaj Aziz’s resignation from Planning Commission creates leadership vacuum
No reason to continue after end of PML-N’s tenure, says Aziz
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China’s Changan and Master Motor to set up auto plant in Karachi
Will also look to export units after setting up manufacturing facility
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PIAF calls for extension in tax amnesty scheme
Chairman says economic turnaround can be achieved
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SereneAir to start flights to Saudi Arabia soon
Competition may intensify on the busy Middle Eastern route
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Oil consumers likely to cough up Rs48b in taxes in just 18 days
Taxes are particularly high on widely consumed petrol and diesel
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Pakistan formally placed on FATF grey list
Country has until Sept 2019 to meet targets set by terror financing watchdog
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Market watch: KSE-100 breaks 3-day winning run, ends FY18 negative
Benchmark index falls 0.21% to finish trading at 41,910.90
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Oil prices remain steady as market tightens on lost supply
The US government is trying to shut Iran out of oil markets when it fully implements its sanctions in November
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First Microfinance Bank awarded smart certification for client protection
irst MicrofinanceBank has received “Client Protection Certification” from The Smart Campaign
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Currency: Rupee stable against dollar
The rupee remained stable against the dollar at Rs121.4/121.6 in the inter-bank market on Thursday
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UBL launches banking app
United Bank Limited has launched its digital banking app for customers to experience hassle-free banking on the go
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PACRA maintains Soneri Bank’s rating
Pakistan Credit Rating Agency Limited (Pacra) has maintained the Soneri Bank’s long-term rating of “AA-”
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JS Global organises Pakistan Investment Conference in US
JS Global Capital organised the third Pakistan Investment Conference 2018 from 25-27 June 2018 in the US
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Currency recovers over Re1 in open market
Expectations of dollar inflows under amnesty scheme ease pressure
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Indian rupee hits all-time low
The rupee fell to 69.10 against the greenback in early trade before recovering slightly to 68.93 later
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Senate panel forms body for staff hiring in oil, gas firms
Seeks details of unspent CSR funds in the entire country
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FBR includes offshore income in scope of tax amnesty scheme
Tax body continues to create confusion as deadline approaches in two days
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Founder of troubled Abraaj risks jail term
Arif Naqvi faces possible 3-year imprisonment over three bounced cheques worth a combined $300 million
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SBP's foreign currency reserves now stand at meagre $9.66b
Plunge 5.86% week-on-week; decrease attributed to external debt servicing and other official payments
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Market watch: KSE-100 continues to advance with fresh 279.86-point gain
Benchmark index rises 0.67% to finish trading at 41,997.85
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Amnesty Scheme: Businessmen demand extension
Business community has demanded that the government extend the tax amnesty scheme for one month
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Focus on hydroelectric power stressed
Irsa spokesperson has said that hydroelectric power generation is the solution to the country’s energy crisis
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Rupee stable against dollar
The rupee remained stable against the dollar at Rs121.4/121.6 in the inter-bank market on Wednesday
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China eager to expand FTA with Pakistan
China wants to expand and promote its free trade agreement (FTA) with Pakistan
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Workforce motivation necessary for swift execution
Chairman says WAPDA making efforts to ensure human resource development
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SMEDA invests Rs29.7 billion in a decade
Establishes over two dozen common facility centres with PSDP funds
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International Steels’ new plant comes on line
Its production capacity goes up to 1 million tons per annum
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Pioneer Cement enhances capacity by 0.8m tons
Will now produce 2.2 million tons per annum, market share may rise
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Growth in private sector credit slows as concerns rise
Poor economic outlook and interest rate hikes take toll on businesses
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Govt, AGP at loggerheads over audit exemption of spy agency's secret funds
Auditor refuses to accept ex-ministers’ exemption certificates
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After months of respite, power tariff rises again
NEPRA increases tariff by Rs1.25 per unit; consumers will have to pay extra Rs15.7b