Govt to withdraw corporate tax exemptions to comply with IMF’s conditions

According to an FBR official, an ordinance to implement the withdrawal of corporate tax exemptions and rationalize taxes to meet the conditionality of the...

IMF to release $500 million for Pakistan

IMF Executive Board has completed delayed reviews of Pakistan's $6 billion loan program and has decided to release $500 million disbursement to Pakistan for...

Railways Minister sets annual earning target of Rs30 billion

Addressing a press conference on Tuesday, Railways Minister Mr Azam Swati said he had assigned the Pakistan Railways (PR) an annual earning target of...

Exporters stop yarn sales due to depreciating dollar

The exporters in Pakistan have halted yarn sales as the falling dollar prices have led to higher availability of the raw material at cheaper...

Swat motorway tunnels by FWO set a new trend in Pakistan

Prime Minister Imran Khan unveiled the plaque to mark the inauguration of these new tunnels on Swat Motorway and also inspected these three newly...

Gas companies ask for 220pc hike in prices

Lahore-based Sui Northern Gas Pipelines has filed formal petitions with the Oil and Gas Regulatory Authority (Ogra), asking for prescribed price for the next...

WAPDA pledges to add 11MAF water to national storage

“Cognisant of the value of water for survival of life as well as progress and prosperity of human beings, we are committed to optimal...

Engro becomes Karachi United’s official team sponsor

Engro Corporation Limited, Pakistan's premier conglomerate, has become the official sponsor of Karachi United (KU) football team to support community development and social uplift...

ECC may halt payments to IPPs

The Economic Coordination Committee (ECC) might withhold payments worth millions of rupees to the independent power producers (IPPs) after an investigation conducted by NAB....

Pakistan’s cellphone imports rise to $1.3bn

According to the data released by the Pakistan Bureau of Statistic (PBS) on Tuesday, Pakistan’s cellphone imports went up by 51.5 per cent to...

Textile exports decline by 3.1 percent in February

Textile and clothing exports decreased in February from a year ago owing to a decline in value-added exports declared the official data released by...

Freight rates increase by 700% across the globe

According to reports, the 700% increase in international freight rates for the sea, rail, and air routes is being linked to abnormal growth in...
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