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PBC chairman links sustainable growth to equal opportunities for women
KARACHI: Pakistan Business Council (PBC) Chairman Ziad Bashir has linked the country’s sustainable growth to women having equal opportunities and...
FATF report highlights Oman-based hawala network facilitating transfers to Pakistan
LAHORE: An Oman-based hawala network used WhatsApp, mobile-linked transfers and e-wallets to facilitate unlicensed cross-border remittances to Pakistan, according to...
$2.5bn losses suffered due to closure of Pak-Afghan borders
PESHAWAR: President of the Khyber Chamber of Commerce and Industry (KCCI), Yousaf Afridi, has said that the closure of the...
Cotton mills face daily losses of over Rs10m amid fumigation dispute
ISLAMABAD: Pakistan’s cotton fumigation operations have effectively come to a halt following a clearance dispute involving imported Methyl Bromide, leaving...
Pakistan will not return to boom-and-bust economic cycle: Aurangzeb
ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb has said Pakistan will not be allowed to fall back into the cycle of...
Rs3bn risk pool to expand export credit insurance access for SMEs: PM Shehbaz
ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday said that a Rs3 billion risk pool, specifically for small and medium-sized enterprises...
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Karachi Customs arrests three in Rs16.5m auction fraud case
KARACHI: The Collectorate of Customs Enforcement, Karachi has arrested three individuals, including a departmental employee, an auction bidder and an...
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SM Tanveer calls for district-based economic development to revive Pakistan’s economy
LAHORE: Pakistan needs to focus on developing district-level economies and empowering local areas to revive economic growth, business leader SM...
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$2.5bn losses suffered due to closure of Pak-Afghan borders
PESHAWAR: President of the Khyber Chamber of Commerce and Industry (KCCI), Yousaf Afridi, has said that the closure of the...
Pakistan’s trade deficit soars by 18.11% to $7.11 billion
ISLAMABAD: Pakistan’s trade deficit has soared by 18.11% during the first two months of the current fiscal year, rising from...
Afghanistan border closure pushes Pakistan’s poultry industry into deepening crisis
PESHAWAR: Pakistan’s poultry sector is facing a prolonged supply glut and mounting financial losses as exports to Afghanistan have remained...
PHC stops 3pc tax collection from steel industry
PESHAWAR: The Peshawar High Court (PHC) has stopped authorities from recovering a disputed 3% additional tax from a steel industry...
Greece seeks stronger trade ties with Pakistan, highlights demand for skilled workers
LAHORE: Greek Ambassador Eleni Pouriki has highlighted growing opportunities for Pakistani skilled workers in Greece as the two countries look...
Cotton mills face daily losses of over Rs10m amid fumigation dispute
ISLAMABAD: Pakistan’s cotton fumigation operations have effectively come to a halt following a clearance dispute involving imported Methyl Bromide, leaving...
PCDMA warns FBR IRIS glitches are delaying sales tax returns
KARACHI: The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has warned that persistent technical glitches in the Federal Board of...
ICCI, PBA Korea sign MoU to expand trade, investment & business linkages
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) and the Pakistan Business Association Korea (PBA Korea) have signed a...
Uzbekistan-Pakistan air connectivity expands as “Centrum Air’’ launches direct Tashkent-Karachi flights
KARACHI: Direct air connectivity between Uzbekistan and Pakistan has further expanded with the launch of regular flights between Tashkent and...
CCP, NFA sign MoU to strengthen competition law enforcement
ISLAMABAD: The Competition Commission of Pakistan (CCP) and the National Forensics Agency (NFA) signed a Memorandum of Understanding (MoU) to...
Roosevelt Hotel counsel sees 1% chance of overturning arbitration award
ISLAMABAD: Legal counsel for the Roosevelt Hotel has assessed the chances of successfully challenging an adverse arbitration award at just...
Askari General Insurance, Askari Life transfer 51% stakes from Army Welfare Trust to Fauji Foundation
KARACHI: Askari General Insurance Co. Ltd. and Askari Life Assurance Company Limited have disclosed the transfer of their respective 51%...
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