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Saudi Arabia ‘mulling $100m investment’ in Pakistan’s mining infrastructure
RIYADH: Saudi Arabia Mining Minister Bandar Alkhorayef confirmed that kingdom’s mining company Manara Minerals was looking at investing in Pakistan's...
SIFC, P3A sign MoU to boost ‘Invest Pakistan’ project
ISLAMABAD: The Special Investment Facilitation Council (SIFC) and the Public Private Partnership Authority (P3A) signed a Memorandum of Understanding (MoU)...
Electricity rates likely to drop by March: S.M Tanveer
LAHORE: United Business Group Partron-in Chief S.M Tanveer has emphasised the need to prioritise agriculture and said there is a...
Govt approves new power provision system to SEZs, industrial estates
ISLAMABAD: A meeting of the Cabinet Committee on Energy chaired by Prime Minister Muhammad Shehbaz Sharif approved a new power...
FBR collects Rs368b taxes from salaried class during FY2023-24
ISLAMABAD: The salaried class has emerged as the third-largest contributor to tax revenue in Pakistan, with tax collection from this...
World Bank unveils $20b, decade-long funding plan for Pakistan
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday welcomed a first-of-its-kind agreement with the World Bank for a plan to lend...
DG Valuation revises customs values of kinnow from Jan 7 to May 15, 2025
KARACHI: The Directorate General of Customs Valuation Karachi has again revised the customs/export value of seasonal fruits (Kinnow) from January...
CDNS achieves Rs720b savings target by first half of FY2024-25
KARACHI: The Central Directorate of National Savings (CDNS) has achieved a target of Rs720 billion in fresh bonds and achieved...
Azerbaijan to open Trade Center in Lahore: Khazar Farhadov
LAHORE: Azerbaijan-Pakistan economic collaboration set to expand as significant initiatives are well on the way to enhance trade, investment, B2B...
Commerce Minister arrives in Baghdad for key talks on bilateral trade
ISLAMABAD: Federal Minister for Commerce, Jam Kamal, arrived in Baghdad to lead the Pakistani delegation at the 9th Joint Ministerial...
SBP vows to expand financial inclusion via global, domestic collaborations
KARACHI: Governor, State Bank of Pakistan, Jameel Ahmad reaffirmed the central bank’s dedication to increasing financial inclusion through strengthened collaborations...
Pakistan, Hong Kong emphasize strengthening economic relations
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb and the Chief Executive of Hong Kong Special Administrative Region...
Finance minister highlights importance of innovative approaches to compete in global economy
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb highlighted the importance of adopting innovative approaches, technologies and business...
FBR’s decision to procure 1,010 Honda City cars worth Rs6b faces public backlash
LAHORE: The Federal Board of Revenue (FBR) has come under public criticism for its decision to procure 1,010 brand-new Honda...
PM desires implementation of faceless customs assessment system in other cities
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday said that after functioning in Karachi, the faceless customs assessment system should...
Tax evasion: SHC directs to seize tea leaves worth Rs3b
KARACHI: The Sindh High Court (SHC) directed the seizure of tea leaves worth over Rs3 billion. The action follows a...
Karachi Enforcement seizes smuggled betel nuts from Babar Market Landhi
KARACHI: Under the leadership of Collector Moin Ud Din Ahmad Wani, Collectorate of Customs Enforcement impounded 8,000 kilograms of smuggled...
FBR to purchase over 1,000 new vehicles
ISLAMABAD: The Federal Board of Revenue (FBR) on Monday decided to purchase more than 1,000 new vehicles with the total...
Pakistan focuses on broadening tax-base, becoming export-led economy: Aurangzeb
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Monday said Pakistan was committed to broadening its tax...
Finance Minister meets with Servis Long March leadership on eve of AFF
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held an important meeting with the leadership of Servis Long...
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