Business
Late tax filers penalised: Banks block foreign currency account transactions
March 11, 2021
Late tax filers penalised: Banks block foreign currency account transactions
Banks in Pakistan have refused to entertain foreign exchange transactions in accounts held by individuals who are not included in…
FBR goes after Payoneer, freelancers over billions of rupees transferred from abroad
March 10, 2021
FBR goes after Payoneer, freelancers over billions of rupees transferred from abroad
The Federal Board of Revenue (FBR) has said it has uncovered a ‘mega scam’ involving a foreign company transferring around…
KP govt, Chinese company sign accord for Balakot hydropower project
March 10, 2021
KP govt, Chinese company sign accord for Balakot hydropower project
The Khyber Pakhtunkhwa government has signed an agreement with a Chinese company for the construction of a 300 megawatts Balakot…
Saudi Arabia’s PIF signs $15 billion loan
March 10, 2021
Saudi Arabia’s PIF signs $15 billion loan
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, said on Wednesday it has signed a $15 billion multi-currency revolving…
Chicken prices skyrocket to Rs500/kg in Karachi
March 8, 2021
Chicken prices skyrocket to Rs500/kg in Karachi
The price of chicken here in the provincial capital of Sindh has increased by more than Rs50 and being sold…
Non-custom paid vehicles worth millions seized in Balochistan
March 8, 2021
Non-custom paid vehicles worth millions seized in Balochistan
Balochistan Customs has launched a crackdown on non-custom paid vehicles in the province. According to customs officials, non-custom paid vehicles…
CAA decides allowing new airlines to commence int’l flights
March 8, 2021
CAA decides allowing new airlines to commence int’l flights
The Civil Aviation Authority (CAA) has decided to facilitate new airlines under the Aviation Policy 2021 to allow operating international…
Energy sector: IMF, govt agree to freeze circular debt at current level
March 6, 2021
Energy sector: IMF, govt agree to freeze circular debt at current level
The Government and International Monetary Fund (IMF) have reportedly agreed to freeze the energy sector circular debt at current level…
‘COVID-19 fear subsiding’: Gold rate falls 8.1pc in a month
March 6, 2021
‘COVID-19 fear subsiding’: Gold rate falls 8.1pc in a month
The downward trend in the prices of gold continued on Saturday when the rates of the precious metal fell Rs1,450…
Import of sugar, wheat: TCP scraps two tenders
March 6, 2021
Import of sugar, wheat: TCP scraps two tenders
The Trading Corporation of Pakistan (TCP) has scrapped two tenders for the import of sugar and wheat as the quoted…