Infinix Smart 3 Plus
Staff Reporter Lahore Joe Hu, Country Head Infinix Pakistan said that ?We at Infinix are amazed and delighted by witnessing such a lively response from our customers at the pre-booking campaign of the Infinix Smart 3 Plus.
RCCI seeks tax relief in budget
In a statement issued here, RCCI President Malik Shahid Saleem suggested the government to introduce an amnesty scheme to filers and tax payers similar to the assets declaration scheme to the non-filers.
Pakistan stocks seesaw but close positive with 122.47-point gain
An equity analyst at IIS Securities said after the excitement of the past two days where KSE 100 Index gained 6.4 percent, Friday?s session remained mixed with investors booking profits. The SBP released data regarding weekly foreign exchange reserves, which declined to $15.126 billion (down 4.83 percent WoW) as of May 17, 2019. Volume leaders were UNITY (0%), MLCF ...
Eyeing decent trade terms, Abe woos ‘golf buddy’ Trump
With an imperial banquet, a day at the sumo and an obligatory 18 holes, Japanese Prime Minister Shinzo Abe is again rolling out the red carpet for his “golf buddy” Donald Trump. This time, Japan seems to be hoping to position itself as a more amenable partner than China and the European Union in Washington’s trade negotiations and to secure more ...
PIA and Askari Bank to launch Co-Branded Credit Card
Air Marshal Arshad Malik ? CEO PIA while congratulating the team members of PIA and AKBL said that this agreement is another step forward in providing better services, value addition and bringing more convenience for the customers of both organizations.
Industries get Rs 329m under PSDP
As many as Rs 329.880 million have been released by the government for various projects of the Industries and Production Division under the Public Sector Development Programme (PSDP 2018-19) against the total allocation of Rs769.999 million earmarked for the current fiscal year.
Oil bounces back, but markets remain fragile amid trade disputes
Oil prices jumped more than 1 percent on Friday amid OPEC supply cuts and Middle East tensions, but still did not fully recoup losses earlier in the week on economic slowdown jitters and swelling inventories ? their steepest drops since the start of the year. ?Increasing (oil) inventories and slumping US manufacturing activity exacerbated trade related concerns about global ...
Chinese media accuses US of plot to ‘colonise global business’
The China Daily newspaper on Friday accused Washington of seeking to ?colonize global business? by targeting Chinese firms. The Trump administration last week put Huawei on a blacklist that effectively barred US firms from selling the Chinese company computer chips and other components without government approval.
Transneft Able To Deal With Contaminated Oil Issue - Russian Economy Minister
MOSCOW (UrduPoint News / Sputnik - 25th May, 2019) 's Transneft has enough resources, in general, to tackle the situation with contaminated supplied via the Druzhba pipeline, Economic Development Minister Maxim Oreshkin said Friday.? "First we must determine the amount of damages [caused by the incident], which has not been fully determined because very complicated technical work ...
Asset Declaration Scheme Aimed At Promoting Documented Economy: Zaidi
Speaking at a seminar on 'The new amnesty scheme: A roadmap to stabilizing economy' organised by a private media group here at the Royal Palm Country Club, he said the asset declaration scheme was wrongly perceived as tax amnesty scheme, as the people were not fully aware of it. Shabbar Zaidi said banks had around four million account holders, ...
Trump Appeals Court Ruling For Banks To Provide His Financial Records To Congress- Reports
On Thursday, the court ruled that Deutsche Bank and Capital One can comply with subpoenas from the House Democrats requesting financial records that pertain to the president and his businesses.
Pound Wobbles As May Resigns
- Olive branch - Elsewhere, Europe's major share markets rebounded after the previous day's sharp-selloff sparked by the China-US trade war and global economic worries. "President Trump's softening stance on Huawei and more positive comments on the US-China trade negotiations helped" markets move higher, she added. Global equities had slumped Thursday in what one analyst called a "perfect storm" ...
Transneft Able To Deal With Contaminated Oil Issue - Russian Economy Minister
MOSCOW (UrduPoint News / Sputnik - 25th May, 2019) 's Transneft has enough resources, in general, to tackle the situation with contaminated supplied via the Druzhba pipeline, Economic Development Minister Maxim Oreshkin said Friday.? "First we must determine the amount of damages [caused by the incident], which has not been fully determined because very complicated technical work ...
Chinese Regulators Take Over Small Lender
The rare takeover of a domestic lender -- announced by the People's Bank of China and the China Banking and Insurance Regulatory Commission in a joint statement -- is a worrying sign for China's economy which last year slowed to its slowest annual pace in nearly three decades. The regulator's control of the bank began Friday and will last ...
Public-private Partnership To Play Critical Role For Country's Development: Makhdum Khusro
The Minister was chairing the 1st Board of Directors meeting of Public Private Partnership Authority (PPPA) in his capacity as Chairperson of the Authority here in Islamabad,said a press release issued by Minister for Planning, Development and Reform here. The meeting was apprised that under section 3 of PPPA Act, IPDF was transformed into PPP Authority in June 2018 ...
Economy Retrenchment To Become Global Unless US-China Trade War Resolved
Moreover, the ongoing trade battle between and is ultimately fought on the backs of consumers in both countries, making them "unequivocally the losers trade tensions," according to a new analysis by International Monetary Fund ( ) published on Thursday. US-CHINA TIES KEY TO ECONOMY GROWTH The state of relations between and will determine the path ...
PCJCCI for low-cost energy generation with Chinese collaboration
LAHORE, May 24 (APP):The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) on Friday urged the government to initiate low-cost energy generation projects in collaboration with China to reduce cost of doing business in the country. The company was looking for suitable project agents to start the investment in Pakistan, he said, asserting that more Chinese companies of ...
Govt sets growth target for next fiscal year at 4pc
With industrial sector growth of 2.3 percent for next fiscal year against 1.4 percent for outgoing fiscal year, the Large Scale Manufacturing (LSM) is envisaged to grow at 1.5 percent in 2019-20 against negative 2 percent in outgoing financial year.
PCJCCI For Low-cost Energy Generation With Chinese Collaboration
The was looking for suitable project agents to start the investment in , he said, asserting that more companies of the sector could be attracted towards , if the included the low energy generation in its priority agenda. He said in about 3,000 MW could be generated by using agricultural residue and municipal solid waste.
ICCI calls for tax reforms to improve tax revenue
Ahmed Hassan Moughal President, Rafat Farid Senior Vice President and Iftikhar Anwar Sethi Vice President, Islamabad Chamber of Commerce & Industry said that government was reportedly aiming to introduce new tax measures equal to Rs.775 billion in the forthcoming budget for the fiscal year 2019-20. They said that FBR's new Chairman Shabbar Zaidi himself have stated that only 300 ...
