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Pakistan set to export car part to Toyota Vietnam
ISLAMABAD: AuVitronics Limited, is set to export a car part to Toyota Motor Vietnam Co, Ltd. (TMV), making it a...
Bank deposits touch record high of Rs15.48tr in May: SBP
KARACHI: The deposits of banking system high record at Rs15.48 trillion in May 2020 despite sharp cut in policy rate...
Govt finalizes plan to attract $5b FDI in oil & gas industry
ISLAMABAD: The government has devised a plan to attract foreign direct investment (FDI) of $5 billion for the exploration and...
Budget 2020-21: PTBA recommends abolishing minimum tax for 2 years
KARACHI: The Pakistan Tax Bar Association (PTBA) has recommended abolishing minimum tax in case of individuals and Association of Persons...
Growth targets missed in agriculture, industry and other sectors: Economic Survey
ISLAMABAD: According to the current financial year’s economic survey, growth targets in the sectors of agriculture, livestock, industry, minerals, services...
Pakistan, Germany sign Rs700mn agreement on renewable energy
ISLAMABAD: Germany will provide technical assistance, worth Rs700 million, to Pakistan in the field of renewable energy and energy efficiency....
Govt allows limitless wheat import by private sector
ISLAMABAD: The federal government decided to allow wheat import by the private sector without any restriction of limit and abolished...
Gold price jumps Rs400 per tola in domestic market
KARACHI: The per tola gold price witnessed an increase of Rs400 to Rs97,600 in the domestic market on Monday. The...
G20 pledges more than $21bn to fight coronavirus
BERLIN: The Group of 20 rich and emerging economies has pledged more than $21 billion to fight the coronavirus, the...
KPT shipping intelligence report June 8
KARACHI : The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours...
Budget 2020: Allocation of over Rs71.50b proposed for energy sector
ISLAMABAD: Allocation of over Rs71.5 billion has been proposed for energy sector for the next financial year (FY). According...
APTMA demands reduction in gas tariff for export oriented textile industry
LAHORE: Zahid Mazhar, Chairman, APTMA Sindh-Balochistan Region has demanded the Prime Minister Imran Khan and the Economic Managers of...
Pak Rupee depreciates by 32 paisas against dollar
KARACHI: The Pak Rupee depreciated by 32 paisas against dollar on Monday owing to higher demand for foreign currency on...
Hafeez Shaikh assures KCCI a relief budget
KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) was given assurance by Dr. Hafeez Shaikh that the upcoming budget...
Hafeez Shaikh assures targeted disbursement of agriculture package
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has assured that Rs50 billion agriculture...
Supreme Court takes back decision to keep markets open on weekends
ISLAMABAD: The Supreme Court on Monday took back its decision to reopen markets on the weekend as the number of...
Asian markets gain after US jobs data, OPEC+ output cuts
Asian markets rose in early trading Monday, following better-than-expected U.S. jobs numbers Friday and an extension of oil-production cuts by...
FBR urged to ensure verification of withholding tax on IRIS portal
ISLAMABAD: Tax practitioners have urged the Federal Board of Revenue (FBR) to ensure verification of tax withheld on the IRIS...
FBR proposed to make CNIC mandatory for purchase of properties
KARACHI: Federal Board of Revenue (FBR) has been proposed to make computerized national identity card (CNIC) mandatory for purchase of...
Govt will continue to cooperate with businessmen to boost businesses: Hafeez Shaikh
ISLAMABAD: Adviser to the Prime Minister on Finance & Revenue, Dr. Abdul Hafeez Shaikh, chaired a meeting here at the...
