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Tough anti money laundering bill on the cards
In an attempt to bring improvements in existing laws and fix loopholes in the Anti-Money Laundering Act 2010, the government…
President declines to continue the provision of 650MW to K-Electric
President Mamnoon Hussain has declined to support the continuation of 650MW of power supply to the K-Electric company from the…
GST on POL products increased to 22%
The federal government earlier yesterday increased sales tax on petroleum products by five per cent, effectively depriving consumers of an…
PM wants generation of low-cost electricity
Prime Minister Nawaz Sharif earlier today called for gearing up efforts to generate low-cost energy in order to make it…
High tax on warehouses a hurdle to growth
High taxes on warehouses rent is retarding growth of one of the most important links in the supply chain of…
SBP reserves up by $7bn by year end
At the end of the calendar year 2014, Pakistan’s foreign exchange reserves witnessed a sharp increase of over $7 billion…
Indonesia resumes search for missing AirAsia plane
Indonesia resumed at dawn today, the search for an AirAsia plane that went missing in the Java Sea with 162…
ADB to launch 3 year business plan here
The Asian Development Bank (ADB) will launch its three-year Country Operations Business Plan (COBP) for Pakistan in January 2015. The…
2015: Privatisations galore
With 21 major transactions lined up and proceeds targeted at over $3bn, 2015 seems to be a year of divestiture…