Business
Business
Salaried persons to be crushed further under the tax net as FBR decides to bleed them dry
In yet another step to increase collection from those who are already crushed under a suffocating tax net, the Federal Board of…
Finance ministry opposes Mari gas supply’s diversion to Engro fertilizers
The Ministry of Finance is adamantly opposed to the allocation of gas from Mari field to Engro Fertilizers, arguing that the…
China’s AIIB to co-finance first project with ADB in Pakistan
Shanghai: China-backed Asian Infrastructure Investment Bank (AIIB) will jointly finance a major new highway in Pakistan in its first co-financed project…
China unhappy with inordinate delays in Gwadar project
China is reportedly quite upset over the slow progress made in awarding the $2-billion commercial contract that includes both laying…
Lots of trade opportunities lost claims Iranian envoy
"Terrorism, which is often an off-shoot of poverty and illiteracy, is a common concern for Pakistan and Iran, hence, both…
Inflation highest ever in past 16 months
Inflation rose up to 4.3% in April, crossing well past the 4% mark for the first time in the last…
Ogra changes gas tariff: Increase for power plants, decrease for fertiliser producers
The Oil and Gas Regulatory Authority (Ogra), in line with recommendations of the federal government in Islamabad, has increased the…
Chinese company wants to enter lucrative tyre sector
The Chinese O2O (Online to Offline) model practised in the tyre industry can establish backward- and forward-supply linkages in Pakistan",…
PTA to hold another auction for 3G/4G license at $395m base price
The government has tasked the Pakistan Telecommunication Authority (PTA) with auctioning another 3G/4G mobile broadband license at a higher base…