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Global trade may fall up to 32 percent on COVID-19 disruption: WTO
KARACHI: World trade is expected to fall by between 13 percent and 32 percent in 2020 as the COVID 19...
Nausheen Javed takes charge as FBR chief
ISLAMABAD: Nausheen Javed Amjad Wednesday assumed charge as the Chairperson Federal Board of Revenue (FBR) after the government notified her...
FBR considering amendments in income tax laws to enable online integration of businesses
ISLAMABAD: The Federal Board of Revenue (FBR) has finalized further amendments in Income Tax Rules, 2001, whereby another Chapter VIIA...
ADB repurposes $50m for Pakistan to help fight Covid-19
ISLAMABAD: The Asian Development Bank (ADB) repurposed $50 million from Pakistan’s National Disaster Risk Management Fund (NDRMF) to support the...
Raids on textile units: Industrialists demand finalisation of SOPs on priority basis
KARACHI: Industrialists have slammed the Sindh authorities a day after two textile units in Karachi were sealed and owners arrested...
China vows to continue assisting Pakistan against coronavirus
ISLAMABAD: Chinese Ambassador Yao Jing has said that in wake of the quickly spreading coronavirus cases in Pakistan, China...
SBP injects Rs347b into market
KARACHI: State Bank of Pakistan (SBP) on Thursday injected Rs347 billion into money market for eight days as reverse repo...
Coronavirus threat: IMF to give Pakistan $1.4b next week
ISLAMABAD: The International Monetary Fund (IMF) to provide $1.4 billion to Pakistan next week, to get some budgetary support in...
PR upgrade six railway stations at cost of Rs1461.36m
ISLAMABAD: Pakistan Railways upgraded six railway stations in different parts of the country at the cost of Rs1461.36 million during...
Payments under Ehsaas Emergency Cash program begin
ISLAMABAD” The disbursement of cash assistance to the deserving families under Ehsaas Emergency Cash program has been started today (Thursday)....
Gen Asim Bajwa denies slowdown in CPEC projects
ISLAMABAD: China-Pakistan Economic Corridor (CPEC) Authority Chairman Gen (r) Asim Saleem Bajwa on Wednesday rejected baseless rumours regarding the slowing...
PR police starts strict monitoring of track
MULTAN: The Pakistan Railways has ordered strict monitoring of the track during the suspension of passenger trains to avoid any...
Pakistan’s inflation to drop to 8.3pc in FY21: ADB
ISLAMABAD: The inflation rate in Pakistan would slow down to 8.3 per cent in the fiscal year 2020-21, the Asian...
SOPs for industries be finalized at earliest: KCCI
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan, while expressing concerns over the arrest/ detention...
PSX completes pilot run of SZSE Surveillance System
ISLAMABAD: The Pakistan Stock Exchange (PSX) had integrated and successfully completed the pilot run of the surveillance system in the...
KPT shipping intelligence report April 8
KARACHI T he Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours...
Big shopping malls decide to waive off rents during lockdown
LAHORE: Almost all the leading malls of the country including Dolmen Mall, Packages Mall, LuckyOne Mall, Centaurus and Mall of...
Zong moves SHC against detention of its imported consignment
KARACHI: CMPak Limited (Zong) has approached the Sindh High Court (SHC) and filed a petition against detention of its imported...
US dollar gains 40 paisa against Pak rupee in interbank market
KARACHI: The US dollar Wednesday gained 40 paisa against the Pakistani rupee in the interbank market to trade at Rs...
Govt to announce Rs2.5b Ramazan relief package
ISLAMABAD: The government has decided to allocate Rs2.5billion for subsidies on 19 food items in Ramazan, said the Managing Director...
