Oil prices edge lower on tighter coronavirus lockdowns
NEW YORK:Â Oil prices slipped on Wednesday, as more European lockdowns and slower US consumer spending tapped the brakes on a rally that has lifted...
FBR launches online module to facilitate greenfield investors
ISLAMABAD: The Federal Board of Revenue (FBR) has launched an online module to facilitate investors in acquiring greenfield industry status, an FBR spokesman said...
China says committed to timely completion of CPEC projects
China fully agrees to the positive assessment made by President Dr Arif Alvi on the China-Pakistan Economic Corridor (CPEC) cooperation, said Chinese Foreign Ministry’s...
ECC approves electric vehicle, mobile device manufacturing policies
ISLAMABAD:Â The Economic Coordination Committee (ECC) of the Cabinet has approved the 'Mobile Device Manufacturing Policy' as well as the 'Electric Vehicles Policy' .
The ECC...
PTA finalises consultant for spectrum auction
ISLAMABAD: In line with the directions of the Ministry of Information Technology & Telecommunication (MoIT&T), Pakistan Telecommunication Authority (PTA) has completed the evaluation process...
Pakistan, Netherlands agree to enhance trade ties
Pakistan and the Netherlands have agreed to further enhance investment and trade relations.
The understanding came during a telephonic conversation between Foreign Minister Shah Mahmood...
Chinese companies in Pakistan seek permission for workers’ vaccination
KARACHI: Two Chinese companies in Pakistan -- the China Zhongyuan Engineering Corporation (CZEC) and the China Ocean Engineering Construction General Bureau (COECG) -- have...
Stocks add 109 points in volatile trade
KARACHI: The Pakistan Stock Exchange (PSX) turned volatile on Wednesday, with the benchmark index losing most of the points accumulated earlier in the day...
SECP establishes first-ever ‘business centre’ for swift company registration
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), while rigorously pursuing its objective of providing ease of doing business, has established its first...
APTMA chief Gohar Ejaz to head FBR’s tax settlement body
LAHORE: The Federal Board of Revenue (FBR) has appointed All Pakistan Textile Mills Association (APTMA) Patron-in-Chief Gohar Ejaz as head of its complaint resolution...
Indian farm widows join protests against agriculture reforms
NEW DELHI: Hundreds of Indian women, including many widows of farmers who were believed to have killed themselves over debt, joined a protest on...
CCP inquiry blames cement makers’ body for cartelisation
ISLAMABAD: The Competition Commission of Pakistan (CCP) on Tuesday announced that it had found firm evidence of cartelisation in the cement sector and had...
‘Pakistan, IMF on same page regarding power sector reforms, circular debt’
ISLAMABAD: State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Tuesday that the International Monetary Fund, like the government, wants power sector...
FBR forms ‘complaint resolution committees’ to facilitate Punjab taxpayers
ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday constituted complaint resolution committees for settlement of issues related to sales tax refunds in Punjab.
The...
ECC likely to approve Rs739bn Karachi Transformation Plan
ISLAMABAD: The Economic Coordination Committee (ECC), in its upcoming meeting, is likely to approve the Rs739-billion Karachi Transformation Plan.
As per details, Finance Minister Dr...