Pakistan Petroleum declares 21% decline in half year profit

KARACHI: Pakistan Petroleum Limited (PPL) has announced 21 percent decline in after tax profit for half-year period ended on December 31, 2019. Read more »

FBR advised to enhance monitoring, enforcement for achieving annual targets

ISLAMABAD: The ministry of finance has advised Federal Board of Revenue (FBR) to enhance monitoring and enforcement in order to achieve annual targets. Read more »

Health declaration made mandatory for passengers entering Pakistan

ISLAMABAD: In the wake of coronavirus, the federal health ministry has made it mandatory for all travelers entering Pakistan to submit health declaration form. Read more »

Engro wins UN business sustainability award

KARACHI: Engro Corporation has won the first prize for ‘Living the UN Global Compact Business Sustainability Award 2019’ in the Large National Category, for the second year in a row, a statement... Read more »

Coronavirus fear grips stock market traders

KARACHI: The stock market was remained under pressure during the course of the day as concerns over coronavirus in neighboring country Iran continued to weigh down on investor sentiment. Read more »

FPCCI demands immediate release of Rs250 billion tax refunds

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday demanded the government to release Rs250 tax refunds of exporters without any further delay. Read more »

Rupee falls by four paisas against dollar

KARACHI: The Pak Rupee ended four paisas down against dollar on Tuesday amid demand for import and corporate payments. Read more »

Textile industry demands clearance of raw material stopped on coronavirus threat

KARACHI: Textile industry has demanded the government authorities of early clearance of raw material consignments that are stuck up due to measures taken for prevention of coronavirus. Read more »

Oil prices fall by 15% since coronavirus outbreak

KARACHI: The international oil prices have fallen by around 15 percent since the outbreak of deadly coronavirus, analysts at Arif Habib Limited said on Tuesday. Read more »

Taxpayers can make payment in installments

KARACHI: Taxpayers have option to pay due liability in installments on explaining plausible reasons to the concerned Commissioner of Inland Revenue. Read more »

Centralized repository to facilitate effective settlement of insurance claims: SECP

KARACHI: Pakistan’s first ever centralized information repository has been launched on Monday for life insurance sector. Read more »

Coronavirus threat: KCCI demands waiver of demurrage, detention charges on Chinese consignments

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has demanded the government authorities to waive demurrage and detention charges on Chinese consignments that are stopped due to threat of coronavirus. Read more »