business

ISLAMABAD: Prime Minister Imran Khan congratulated his team for making it possible for Pakistan to move 28 places up the Ease of Doing Business Index on Wednesday. He claimed by 2020, Pakistan would become one of the 'top places for…

ISLAMABAD: The World Bank released its Ease of Doing Business Index on Thursday and according to it, Pakistan has jumped up 28 places to clinch the 108th spot.

What is KPEC? The Khyber Pass Economic Corridor (KPEC) connects Pakistan and Afghanistan with Central Asia through the Khyber Pass. This route has been integral to trade in South and Central Asia for hundreds of years.  It is part of…

The Ministry of Finance has contradicted a news report published in a section of the press claiming that IMF has barred Pakistan from extending sovereign guarantees till December Review. In a statement, Finance Division has termed the…

An International Monetary Fund (IMF) mission, led by Ernesto Ramirez Rigo, visited Islamabad and Karachi during September 16–20, 2019 to take stock of economic developments since the start of the Extended Fund Facility (EFF) and discuss…

ISLAMABAD: Federal Minister for Maritime Affairs Syed Ali Haider Zaidi said the prevalent tax incentives given to shipping sector have been extended to 2030. Addressing a press conference along with Minister for Commerce, Investment,…

ISLAMABAD: The Ministry of Commerce has joined hands with a leading Italian designer to launch Northern Areas embroidery at Milan Fashion Week as part of government's plans to empower women in Chitral, Gilgit, Hunza and Kalash.…

Pak water and energy expo 2019 is the only and proactive platform for water and energy industry. This expo offers all exciting business opportunities to exhibitors to showcase their products and technologies as well as trade visitors from…

Jihad Azour, Director Middle East & Central Asia, IMF called on Prime Minister Imran Khan at PM Office yesterday. Advisor Finance Dr. Abdul Hafeez Shaikh, Governor State Bank, Secretary Finance were also present during the meeting,…

KOHAT: A huge amount of crude oil and gas reserves has been discovered in Kohat district of Khyber Pakhtunkhwa, according to Radio Pakistan. This is the first discovery of crude oil and gas in Chanda Oil Field and the discovery is…

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to slash regulatory duty on imported mobile phones by 50 percent.

LAHORE: The State Bank of Pakistan (SBP) on Monday announced to hold its main policy rate at 13.25 percent, taking a pause from a series of recent hikes that it said had been enough to ensure the country s high inflation would gradually…

ISLAMABAD: The Federal Board of Revenue (FBR) will be launching a new mobile application to facilitate the salaried class in filing their tax returns, the Rawalpindi Islamabad Tax Bar Association (RITBA) announced on Friday.

ISLAMABAD: Igor Vladimirovich Kim, the Chairman of leading Russian investment Expo Bank, expressed keen interest to invest in Pakistan’s financial sector. Igor Kim expressed his interest during a meeting with Federal Minister for…

With 49 elevators moving a floor per second and zumba classes for its more than 15,000 employees, Amazon's new Indian headquarters, its biggest building globally, matches its ambitions in a vast but challenging market.…