The Islamic Development Bank (IDB) expressed its readiness to finance Pakistan railways for fleet expansion, Ministry of Railways said in a statement on Tuesday. According to the statement, at least 300 locomotives will be
September’s oil figures revealed an increase in Oil production by Saudi Arabia, Kuwait, Libya and Iraq. Total oil production from the cartel stood at 120,000 bpd in August, up by 120,000 bpd from
Islamabad: Finance Minister, Senator Mohammad Ishaq Dar, has shown his satisfaction on the provisional revenue collection figures for the quarter ended 30th September 2017, and has expressed confidence that the same trend shall
State Bank of Pakistan, Federal Board of Revenue and 1-Link have signed an agreement in Islamabad today to develop a mechanism enabling public to pay FBR taxes and customs duty using internet banking
Sheikh Aamir Waheed has formally taken over charge as President, Muhammad Naveed as Senior Vice President and Nisar Ahmed Mirza as Vice President, Islamabad Chamber of Commerce and Industry for the year 2017-18
Following the approval of all relevant authorities, BASF has closed the previously announced transfer of its global leather chemicals business to the Stahl Group, with Stahl taking over the activities as of September
Commerce Minister Pervaiz Malik has invited British Business houses to invest in Pakistan. Talking to British Trade envoy for Pakistan, Rehman Chishti in London, he stressed the need to initiate dialogue for comprehensive trade relations between
Islamabad Chamber of Small Traders on Monday said the deteriorating economic situation call for the government to introduce meaningful reforms without any delay. The government must change its attitude towards critical exports sectors and stop
Pakistan is looking to search new trade avenues and will explore new markets in resources rich regions of the Central Asia and Africa to enhance country’s export by increasing economic ties with these potential markets. Director
National Bank of Pakistan in collaboration with Punjab Excise & Taxation Department (E&T), is going to start the automation of collection process for Property Tax across Punjab. This collaboration is a step towards
The Pakistan Industrial and Traders Associations Front (PIAF) chairman Irfan Iqbal Sheikh has shown his fears that the proposed hike in industrial and commercial power tariff will disrupt market equilibrium, as the government is
Oil prices traded turbulently on Friday amidst profit taking. The prices for oil were of much attention as Iraq’s Kurdistan voted for referendum; helping prices pick up as political turmoil engulfs. The apprehensions
Pakistan’s annual inflation for the month of September accelerated to 3.86% compared to previous month's (August) inflation of 3.41%, despite falling short of the expectations. Inflation for the month of September was expected
The deadline for filing of income tax returns has been extended till October 31. Federal Minister for Finance Ishaq Dar on Friday approved extension in the due date for filing of Income Tax Returns/Statements by Companies,
The Businessmen Panel (BMP) of the FPCCI demands Charter of economy for the national consensus on core economic agenda may be devised, so that private sector of this country has a clear mindset
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