Pakistan improves rank on border index due to TFA implementation
ISLAMABAD: Advisor to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh said Sunday that the World Trade Organisation’s (WTO) Trade Facilitation Agreement...
Investors rush to buy equities
LONDON: Investors stormed into riskier assets last week, pumping $27 billion into equity funds as positive Covid-19 vaccine updates led to euphoric buying of...
‘Fisheries development can enhance exports’
LAHORE: Pakistan can make a quantum leap in export promotion of the country by upgrading its marine fisheries sector in collaboration with China.
Pak-China Joint...
In latest China jab, US drafts list of 89 firms with military ties
WASHINGTON: The Trump administration is close to declaring that 89 Chinese aerospace and other companies have military ties, restricting them from buying a range...
Smelling blood, Huawei’s Chinese mobile rivals look to capitalise on its US woes
SHENZHEN: Chinese handset rivals of Huawei Technologies including Xiaomi, Oppo and Vivo are making aggressive moves to seize market share from their giant rival,...
Textile industry growing due to solid policies: Aleem
LAHORE: Punjab Senior Minister Abdul Aleem Khan has said that the country's textile industry is growing due to the far-sighted and solid policies of...
Locally invented Covid-19 detection device to be available soon: DRAP
ISLAMABAD: Locally made medical device Covid-19 Rapid Artificial Intelligence Detection (COV-RAID) would be soon available throughout the country to detect coronavirus infection in a...
Pakistan acquires $800m in debt relief from G20, awaits $1bn more
Pakistan has so far secured $800 million worth of debt freeze deals from 14 members of the richest G-20 countries, while awaits ratification worth...
ICCI calls for reducing property tax on auto market plots
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) on Sunday urged the government to reduce property tax on plots belonging to auto markets.
The...
Tractor production increases 17.17pc in Q1FY21
ISLAMABAD: Domestic tractors manufacturing during the first quarter of the current financial year (Q1FY21) have witnessed about 17.17 per cent growth as compared to...
IMF talks continue focus on tax reforms
The International Monetary Fund (IMF) has conducted a detailed study of Pakistan’s existing tax system and made recommendations, including a string of policy proposals...
Moderna to charge $25-$37 for Covid-19 vaccine: CEO tells paper
CAMBRIDGE: Moderna will charge governments between $25 and $37 per dose of its Covid-19 vaccine candidate, depending on the amount ordered, Chief Executive Stephane...
Pakistan calls for increased funds for UN’s SDGs in developing countries
UNITED NATIONS: Pakistan's Permanent Representative to the United Nations (UN) and UN Economic and Social Council (ECOSOC) President Ambassador Munir Akram has called for...
SBP policy rate likely to remain unchanged
The benchmark interest rate for the next two months which is to be decided by the State Bank of Pakistan (SBP) in a meeting...
Western Union buys 15pc stake in Saudi Telecom’s digital payment unit
DUBAI: Western Union, the world’s largest money transfer firm, has acquired a 15 per cent stake in the digital payment unit of Saudi Arabia’s...