Proposals put before PM Imran Khan to increase exports
KARACHI: According to World Bank, export orders to Pakistan were disrupted in the range of 25 to 50 percent, and it is expected that the exports might face loss in…
SECP achieves ISO ISO/IEC 27001:2013 Certification
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has successfully completed the phase 1 scope and audit of security standard certification ISO/IEC 27001:2013 for its Information Security Management System…
SBP provides more flexibility to hospitals and medical centres under its Refinance Facility for Combating COVID-19
Since the outbreak of COVID-19, State Bank of Pakistan has taken a number of measures to support the economy. One of the earliest measures taken by SBP was to support…
CNG sector needs urgent bailout package
KARACHI: The All Pakistan CNG Association (APCNGA) on Monday said the CNG sector is collapsing due to the economic slowdown and it requires an urgent bailout package from the government.…
Nausheen Javaid Amjad officially notified as FBR Chairperson on regular basis
KARACHI: The Establishment Division, Government of Pakistan, has terminated the appointment of Syed Muhammad Shabar Zaidi as Chairman Federal Board of Revenue (FBR) and appointed Ms. Nausheen Javaid Amjad as…
GSMA Condemns Attacks Against Mobile Phone Masts
LONDON: Police and counter-terrorism authorities are investigating acts of arson against mobile phone masts in the UK. The GSMA condemns these acts of violence designed to weaken our communications networks…
EU focuses antitrust probe on Facebook’s online classifieds service
BRUSSELS: The EU is focusing the next stage of its competition probe into Facebook on whether the social media network is distorting the classified advertising market by promoting its free…
China to Start Buying Oil for State Reserves After Price Crash
BEIJING: China is moving forward with plans to buy up oil for its emergency reserves after an epic price crash, according to people with knowledge of the matter. The world’s…
PTV tax increased from Rs35 to Rs100
ISLAMABAD: The federal government increased the Pakistan Television’s (PTV) fee from Rs35 to Rs100 on Saturday, Geo News reported. The fee is collected by charging it to consumers’electricity bills. This…
PG&E Focused on Essential Safety and Wildfire Mitigation Projects
SAN FRANCISCO: Pacific Gas and Electric Company (PG&E) said it remains focused and engaged on essential projects to provide continuity of service during this critical time and for the safety…
Halo Announces Proposed Acquisition of Nasalbinoid Natural Devices
TORONTO: Halo Labs Inc. has entered into a definitive agreement to acquire all of the common shares of Nasalbinoid Natural Devices Corp. for C$5.1 million in Halo common shares at…
TurboTax to Help Millions of Americans Get Their Stimulus Payments
SAN DIEGO: TurboTax, the nation’s leading online tax preparation service from Intuit Inc. launched a free, Stimulus Registration product designed to help millions of Americans who are not required to…
Dean Foods Receives Court Approval for the Sale of Its Assets
DALLAS: Dean Foods Company announced that the U.S. Bankruptcy Court for the Southern District of Texas approved the sale of a substantial portion of Dean Foods’ business operations, including the…
Sindh government agrees to consider opening of export oriented industry
KARACHI: Industrialists called on Chief Minister Sindh Murad Ali Shah on Saturday and proposed opening of export oriented industry, which the Sindh government would consider at its meeting on Sunday.…
Agha Shahab asks Sindh Govt. to discontinue SRB’s tax collection for next four to six months
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has requested Chief Minister Sindh to devise some kind of an effective mechanism for providing immediate relief…
Director Transit Trade asks terminals, shippers to waive demurrage and detention
KARACHI: Director Transit Trade Karachi Ms. Zeba Azhar has asked terminal authorities to allow waiver of demurrage on all containers lying at the port since March 16, till such time…
Transit cargo to start crossing Afghan border on April 06, 2020
PESHAWAR: A trilateral talk between Pakistan, China and Afghanistan forces has decided that border would be opened (one-way) for three days, and containers/trucks carrying transit cargo would start crossing border…
SBP extends its relief package to borrowers availing loans under refinance schemes
KARACHI Expanding the scope of its recently announced relief package for households and businesses, State Bank of Pakistan (SBP) has taken another major step today. State Bank has allowed similar…
ABAD lauds PM’s construction sector package
KARACHI: Association of Builders and Developers of Pakistan (ABAD) has welcomed the incentive package for construction industry announced by the prime minister. In a statement on Friday, ABAD Chairman Mohsin…
Whitening of black money: Imran Khan unveils amnesty scheme for construction sector
ISLAMABAD: Imran Khan has announced tax amnesty scheme for real estate and construction sector allowing people to invest their black money in the construction sector without disclosing source of income.…