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KARACHI: Acting President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Shabbir Mansha Churra has appealed to Prime Minister...

Pakistan, Chinese consortium of banks sign $2.3b loan agreement

ISLAMABAD: Pakistan has signed $2.3 billion loan facility agreement with a Chinese consortium of banks. The development was confirmed by...

Quetta Customs foils bid to smuggle narcotics worth Rs15m

QUETTA: Collectorate of Customs Enforcement has thwarted an attempt to smuggle huge quantity of narcotics including hashish and opium worth...

SBP weighs in measures to conserve energy, fuel in banking sector

KARACHI: State Bank of Pakistan provides policy guideline to banking sector on energy conservation and the Central Bank has already...

Pakistan haven for foreign investors, Malaysian delegation told

LAHORE: Lahore Chamber of Commerce & Industry (LCCI) President Mian Nauman Kabir has said that Pakistan had great economic credentials...

Highest ever daily inflows worth $57m recorded in Roshan Digital Account: SBP

KARACHI: Deposit inflows in Roshan Digital Account (RDA) recorded highest ever daily figure on Tuesday as $57 million were deposited...

Financial system performs well, remains resilient in 2021: SBP Review

KARACHI: State Bank of Pakistan (SBP) in its annual flagship publication, the Financial Stability Review for the calendar year 2021...

Pakistan, IMF likely to hold talks for staff-level agreement today

ISLAMABAD: Pakistan and International Monetary Fund (IMF) are likely to hold talks to reach a staff-level agreement under the Extended...

Chairman FBR Asim Ahmad seeks 150pc increase in salaries

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad has urged the incumbent government to increase employees salary by 150...

Finance Minister assures relief for real estate sector

ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail assured real estate stakeholders that their proposal about capital gains tax...

CDNS achieve Rs1100b through fresh bonds by June 15th

ISLAMABAD: Central Directorate of National Savings (CDNS) attained the target of issuing Rs1100 billion fresh bonds in the last 11...

Pakistan, Iran sign agreement for supply of additional 100MW to Gwadar

ISLAMABAD: Pakistan and Iran signed an agreement for supply of additional 100 megawatt of electricity to fulfil the daily power...

Pakistan to revive stalled IMF programme within two days, claims Miftah Ismail

ISLAMABAD: Federal Minister for Revenue and Finance Miftah Ismail has said that the stalled International Monetary Fund’s (IMF) Extended Fund...

Govt extends last date for exchange prize bonds up to June 30, 2022

ISLAMABAD: The bearer prize bonds of various denominations will not be exchangeable or convertible after June 30, 2022, which is...

POL import bill surges 99pc to $19.6b in 11 months of FY22

ISLAMABAD: The imports of overall petroleum group witnessed an increase of 99.14 percent during the first eleven months of the...

Saudi investors keen to leverage investment opportunities in Pakistan

ISLAMABAD: A high-level trade delegation of Saudi Arabia visited Pakistan led by Fahad Bin Mohammed Al-Bash, Chairman, Saudi-Pak Business Council...

FTO directs FBR for quick disposal of long pending cases

byM Hayat

LAHORE: While disposing of a complaint relating to customs Intelligence, Quetta, tax ombudsman has directed FBR to conduct a detailed...

FIU Quetta seizes smuggled goods worth Rs100m

QUETTA: Collectorate of Customs Enforcement Field Intelligence Unit (FIU) has recovered large quantity of smuggled goods in two different operations...

SHC serves show-cause notice to Murtaza Wahab in Frere Hall case