ISLAMABAD: The International Monetary Fund (IMF) has recommended the Pakistani authorities to bring several dozen items into the standard rate of General Sales Tax of 18%, including unprocessed food, stationery...
Bullish momentum continued at the Pakistan Stock Exchange (PSX) as investors rejoiced at developments on the formation of a new government with the benchmark KSE-100 gaining nearly 600 points during...
ISLAMABAD: The caretaker government’s claims of improving the fiscal side were exposed as the Federal Board of Revenue (FBR) faced a revenue shortfall of Rs33 billion in February 2024. According...
BEIJING : Pakistani garments are making a significant mark in the Chinese fashion market, with a notable surge in popularity across various apparel segments, particularly in the men’s and women’s...
BEIJING :UAE-based cross-border payment system BUNA, is set to expand to include currencies from Pakistan, China, India, and several African and European countries by 2024-25. The system is already connected...
BEIJING : China will increase investment in the Pak-China contract farming sesame project and has the plan to import at least 5,000 tons of sesame from Pakistan this year, Project...
KARACHI: Pakistan’s leading car assembler, Indus Motor Company (IMC), announced an investment of Rs3 billion to increase domestic production of parts and components of its Toyota-brand vehicles. The investment was...
The PSX-100 index gained 200 points and reached 61761 after there was a clarity on the political landscape who will be the next prime minister and the President as political...
ISLAMABAD: In a report by the Ministry of Finance eight important factors related to financial risks have been highlighted that it believes can aggravate Pakistan’s economy, The key factors are...
ISLAMABAD : Pakistani government is keen to boost chromium ore exports to China in wake of a huge demand in that country in recent years, Ikram Ul Sulehri, an economic...