PM approves draft Pak-Turkey economic framework

ISLAMABAD: Prime Minister Imran Khan on has approved the draft Strategic Economic Framework between Pakistan and Turkey. Read more »

Bringing elites into tax net vital for economic viability: PM

ISLAMABAD: Prime Minister Imran Khan on Wednesday said that bringing elites into tax net vital for economic viability of the country. Read more »

FBR launches trial run for online payment through 18 banks

ISLAMABAD: Federal Board of Revenue (FBR) has launched pilot run for collection of duty and taxes through online payment system of 18 banks. Read more »

K-Electric, NIP sign MoU for enhancing electricity supply for special economic zone

KARACHI: K-Electric and National Industrial Park (NIP) on Wednesday signed an MoU to ensure meeting electricity demands at Bin Qasim Industrial Park (BQIP). Read more »

Equity market gains on better corporate results

KARACHI: The equity market make gains on Wednesday owing to better financial results declared by corporate sector. Read more »

Over Billing: Export sector complains non-compliance by power utilities

KARACHI: The zero-rated textile export sector has complained the government for non-compliance by power utility companies in giving subsidized rates. Read more »

Dollar retreats against rupee

KARACHI: The US dollar retreated against Pak Rupee on Wednesday owing to export receipts and foreign inflows, dealers said. Read more »

Mari Petroleum board approves acquisition of two new exploration blocks

KARACHI: The Board of Directors (BoD) of Mari Petroleum Company Limited (MPCL) on Wednesday approved acquisition of two new exploration blocks. A statement issued by the company said that MPCL BoD approved... Read more »

United Bank registers 39 percent decline in annual profit

KARACHI: United Bank Limited (UBL) has announced sharp decline of 39.53 percent in annual profit for the year ended December 31, 2018 due significant provisioning, write offs and pension liabilities. Read more »

Engro Corp announces 35 percent surge in annual profit

KARACHI: Engro Corporation Limited (ENGRO) has announced 35 percent surge in profit after tax to Rs12.71 billion for calendar year 2018 as compared with Rs9.41 billion in the preceding year. Read more »

US dollar inches up in early trading

KARACHI: The US dollar inched up against Pak Rupee in early trading on Wednesday owing to persistent demand for import and corporate payments. Read more »

PM directs harsh action against tax evaders, corrupt tax officials

ISLAMABAD: Prime Minister Imran Khan on Tuesday directed tax authorities to take harsh action against tax evaders and corrupt elements within tax departments. Read more »