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Deal for automation of tax collection
Earlier taxes were collected manually through NBP’s branches, which had its own challenges and complications
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Emirates launches new daily flight
We are thrilled to provide the traveling community with new options to experience Emirates, said Divisional senior VP
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Environmental Sustainability: ADB raises financing
ADB increased its financing for environmental sustainability to address environmental degradation
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Rupee stable against dollar
SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange
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Industry insists Kalabagh Dam will benefit all provinces
Praises Supreme Court’s action on water and Kalabagh issues
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Stock brokers violate loan documentation rules
SECP says it is giving last opportunity for complying with regulations
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Incentives unlikely to whet appetite for electric cars
Country already faces shortfall of up to 5,000MW of electricity in summer
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PM directs power ministry to tackle losses
The prime minister expressed concern over the huge losses in various distribution companies
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Kinnow exports hit record high at 370,000 tons
Excellent crop at home, low production by competitors help increase shipments
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PML-N govt stopped process for building third LNG terminal
ECC declared PQA site unsafe while scrapping bidding process
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KASB Bank shareholders seek Rs14.2b compensation
The shareholders believe that their interest was not taken care of and they were ripped off their due compensation
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Marriage halls to pay 15% sales tax on services
Court dismisses a petition filed by hall and lawn owners’ body
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Market watch: Undeterred by foreign selling, KSE-100 surges 434 points
Benchmark index gains 1% to finish trading at 43,702.58
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MoU inked for investment platform
The MoU, which comes in the backdrop of the inaugural South Asia Investor Conference (SAIC)
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EFU wins Brands of the Year Award
Brands of the year Award is a distinctive and premier recognition for a brand's performance
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ABL launches Islamic Allocation Fund
ABLIAAF will invest in Shariah-compliant equity, fixed income, money market instruments and any other instruments
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CAA DG visits new Islamabad airport
Baig emphasised that the management should facilitate and help passengers and more help desks should be established
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Rupee stable against dollar
SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange
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SAARC Chamber calls for partnership with ASEAN
SAARC cannot progress in isolation and needs to practically engage with other Asian and international organisations
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Cement exports rise a healthy 42%
Domestic sales show modest 2.4% growth with capacity utilisation at peak
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Balloki power plant passes combined-cycle test run
Work on 1,223MW project completed in just 31 months
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OGRA changes pricing mechanism for gas utilities
Firms will now have to work efficiently to earn better returns in line with market parameters
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Pakistan needs IMF support, Mulk warned
PM told forex reserves worth $10 billion are insufficient to foot two-month import bill
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OGDC, Kuwait firm sign agreement
Both OGDC and Kufpec will cooperate and collaborate in upcoming domestic and international opportunities
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Banking through digital channels gaining momentum
People made 196.2m transactions worth Rs11.9tr through e-banking in Jan-Mar quarter
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With curbs on investment, remittances may take a hit
Non-filers of income tax returns have been barred from investing in property above Rs5m
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Disaster risk management fund off to a bad start
Company CEO ignores board’s decision on staff recruitment
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Kia launches 11-seater passenger car, 1-ton pickup in Pakistan
Company building assembly plants, working on technology transfer
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Market watch: Despite heavy foreign selling, KSE-100 advances 355 points
Benchmark index gains 0.83% to finish trading at 43,268.29
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Bad governance in tax system hurting revenue collection
Despite amnesty schemes, tax base has narrowed instead of widening
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Buyon.pk targets rural consumers, but struggles for economies of scale
Co-founder says keeping inventory of goods needs a lot of investment
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State must provide opportunities to budding entrepreneurs
With elections due, aspiring leaders should understand responsibilities of the state
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With rise in entrepreneurship, Lahore becomes talent magnet for Pakistan
Govt needs to do away with obstacles that restrict growth of start-ups
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Opinion: Five years in power – PML-N largely delivered on promises
New resource envelop should be creatively used by next govt to improve economic governance and growth
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FIA nabs eight for running illegal business in Quetta
Recovers Rs3.8 million, including foreign currency
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Uzbek embassy simplifies visa process
The new government in Uzbekistan has reduced power tariff offering many other incentives to investors
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Govt to work for agri-sector’s growth
The measures are part of the first National Food Security Policy, announced by the ministry this week
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LPG body demands withdrawal of price hike
Says imported LPG is about 20% cheaper than domestic fuel
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US secretary in China to avert trade war
Despite truce, Washington is working to finalise sanctions on Beijing
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Weekly review: Stock market gains 2% as political clarity emerges
Investors’ confidence grows with finalisation of caretaker set-up
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US allies attack Trump administration for imposing tariffs
European Union and Canada file challenges with WTO
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Italy’s group offers Pakistan marble processing machinery
Explores avenues of cooperation in marble and granite industry
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Despite collecting toll taxes, NHA to take $294m loan from ADB
It will be spent on rehabilitating 14 sections of N-5 highway from Karachi to Torkham
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Pakistan, Russia set to sign $10b offshore pipeline deal next week
Russian firm Gazprom will lay the pipeline via Gwadar Port that will be extended to India
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Honda Civic and Yamaha YBR 125G bag the biggest awards of the year
PakWheels conducts its yearly auto survey in collaboration with Lahore University of Management Sciences
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Samsung Pakistan launches Galaxy J6
Also unveils Galaxy J4, A6 and A6 Plus with super AMOLED screens
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Commerce secretary performs groundbreaking of Expo Centre
The purpose of expansion is to create capacity for meeting the increasing trade related needs of the country
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Iran-Pakistan Gas Pipeline: Govt plans to review project
The petroleum division was planning to negotiate amendment in the GSPA with Iran
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SPI increases 0.09%
During the week, average prices of 13 items rose in a selected basket of goods
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Rupee stable against dollar
SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange