Senior economist Dr. Ikramul Haq recently made a significant statement regarding the British Virgin Islands and the impending introduction of a new law concerning offshore companies. He emphasized that this new legislation is poised to have a bombshell impact than the Panama Papers scandal. Dr. ...

Multi-national companies working in Pakistan are facing difficulties in repatriating their profits due to a shortage of dollars. According to a report by the global news agency "Bloomberg," due to the severe shortage of dollars starting last year, nearly one to two billion dollars of profits from ...

According to a statement issued by the Dubai government's media office on Wednesday, 3,395 new companies joined the commerce chamber, propelling Pakistan to the third position in the ranking of registered companies in Dubai. This increase was 59% higher compared to the same period last ...

Pakistan's mobile industry has been hit by a big blow as mobile phone companies stopped operations in the country. According to the report, the mobile companies stopped their operations in Pakistan by the reason of the non-opening of Letters of Credit (LCs). As per details, the Chinese company ...

Oil Marketing Association of Pakistan has rubbished the news reports about shortage of oil in the major cities of Punjab, stating that all petrol pumps have sufficient supply of fuel for 20 days. In a presser on Thursday, Chairman Tariq Wazir and Senior Vice Chairman Tariq Mehmood said that false ...

Exchange Companies Association of Pakistan (ECAP) Chairman Malik Bostan announced on Tuesday that exchange companies will remove the cap on the open market price of the US Dollar from Wednesday. In a statement, Bostan said that the association met with State Bank of Pakistan (SBP) Deputy Governor ...

NEW YORK – The Biden administration has placed ten companies in Pakistan and the UAE for supporting the nuclear activities of the South Asian country. It said that 10 companies in Pakistan and UAE posed unacceptable risks of using or diverting items for Pakistan's nuclear activities or are ...

National Accountability Court (NAB) has received endorsement from an Accountability Court for freezing the bank accounts of two Chinese companies involved in investment scams. The Securities and Exchange Commission of Pakistan (SECP) had originally complained to NAB after which an investigation ...

link link link. link *ISLAMABAD: Newly appointed Federal Minister for Finance and Revenue Miftah Ismail presided over a meeting of the Economic Coordination Committee (ECC) of the cabinet on Tuesday.* During the meeting, the petroleum division submitted a summary for reimbursement of ...

KARACHI - China and Pakistan�s partnership in renewables will be very helpful in fast conversion to green energy as latter has huge potential and can benefit a lot from technology and expertise of China. More Chinese companies are ready to operate here in energy sector, mainly in renewables, ...