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SBP denies discontinuation of Rs5000 currency notes
KARACHI: The State Bank of Pakistan (SBP) has rejected the reports regarding the discontinuation of Rs5,000 currency notes, according to...
Analysis: China to remain a battle ground for Saudi Aramco, Russian crude suppliers in 2020
The battle for next year’s Chinese demand pie between two major crude oil producers Saudi Arabia and Russia will likely...
California, ‘ground zero for US-China relations’, feels the pinch as trade war tariffs hit American port traffic
Karen Quintana used to pay little attention to US President Donald Trump’s Twitter feed. But as the US-China trade war...
Glavgosexpertiza of Russia approves survey findings under project for port construction on Novaya Zemlya
Glavgosexpertiza (Russia's Main Department of State Expertise) says that its experts have considered and approved the design documentation and engineering...
KSE-100 closes flat in range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX) failed to carry forward its positive momentum and ended a range-bound session on Tuesday...
EDB signs accord for 11 wind power projects
PESHAWAR: Alternative Energy Development Board (AEDB) has signed an agreement for the construction of 11 wind power projects which would...
SBP facilitates manufacturers in import advance payment
KARACHI: State Bank of Pakistan (SBP) has facilitated manufacturing sector in advance import payment by making changes to regulatory regime....
Exporters play vital role in national economy: SBP governor
KARACHI: The Governor of the State Bank of Pakistan (SBP), Reza Baqir, said on Tuesday that exporters play an important...
Govt releases Rs257b for development projects under PSDP
ISLAMABAD: The government has released Rs257 billion for development projects under the Public Sector Development Programme (PSDP). In a statement...
Additional Collector Sumaira Omar declares seizure of Hilux Surf legal
FAISALABAD: Collectorate of Customs Adjudication Additional Collector Sumaira Omar has issued Order in Original No 14/2019 (ONO) by declaring seizure...
OGRA raises RLNG price by $0.228 per mmbtu
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the...
KPT shipping intelligence report Nov 12
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Pakistan’s exports to China will increase after new FTA: Dawood
BEIJING: Advisor to Prime Minister on Commerce Abdul Razak Dawood has said that Pakistan aims to expand its export portfolio...
FBR to engage private auditors to detect tax evasion in sugar industry
ISLAMABAD: Federal Board of Revenue (FBR) considering to engage private auditors to scrutinise books of sugar millers to catch tax...
Foreign investors keen to invest in different sectors: President Alvi
LAHORE: President Dr Arif Alvi said on Monday that foreign investors were taking interest to invest in different sectors of...
Ramzan Sugar mills case: NAB court extends Hamza’s judicial remand till Nov 28
LAHORE : Accountability court on Tuesday has extended judicial remand of Opposition Leader in Punjab Assembly Hamza Shahbaz till November...
FBR to speed up crackdown against banned outfits
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to intensify its efforts against over 2,600 individuals/assets of banned organisations....
SHC connects several petitions regarding lodging FIRs against M/s Ali & Co, others
KARACHI: The Sindh High Court (SHC) connected several constitutional petitions regarding lodging first information reports (FIRs) against clearing agents of...
NAB files another reference against Omni Group
ISLAMABAD: National Accountability Bureau (NAB) on Tuesday has filed another reference of fake bank accounts case against Omni Group owners....
Overseas workers’ remittances rise 14.46pc to $2b in October
KARACHI: Overseas Pakistanis remitted $7.47 billion in the first four months (July to October) of FY20, compared with $7.61 billion...
