In his recent visit to China, PM Imran Khan pitched five reasons why the Chinese or investors from any other country should invest in Pakistan. Before those reasons start becoming viral, among those blinded by optimism, a reality check is warranted. Khan’s first bullet point was strategic location. If history is any guide, that strategic location has given this country more headaches than benefits. In … Continue reading Why you should INVEST in Pakistan
Pak Telecom Mobile Limited, Ufone and HBL have signed an agreement, through which HBL has extended a bilateral Trade Finance in the Chinese Yuan (RMB/CNY) for the import of cellular network equipment through Huawei Technologies Co Ltd. The agreement is part of one of the largest RMB/CNY contracts in the history of Pakistan, between Ufone and Huawei Technologies, and it could be a breakthrough in … Continue reading HBL and Ufone sign CNY/RMB Trade Finance Facility Agreement
Global investors are piling into Pakistan’s local-currency bonds like never before. Attempts at economic reforms, support from the International Monetary Fund and interest rates topping 13% make the nation’s fixed income attractive amid a surge in the world’s pool of negative-yielding debt. Small wonder foreigners bought $342 million of debt in the quarter through September, compared with virtually zero inflows in the past two years, … Continue reading From Zero to Hero: Pakistan Bonds Evoke Egypt’s Success Tale – Bloomberg
Chairman Federal Board of Revenue, Syed Shabbar Ali Zaidi taking to the social networking website Twitter today detailed the meetings he had with Dubai land department in the past few days. Chairman FBR said that he met officials of the Dubai land department on October 9 and 10; the meeting was part of the efforts being made to bring clampdown corrupt elements that had transferred … Continue reading Pakistani owners of Dubai Proprieties – FBR is about to get all your data.
When it comes to your business, you’re the one who knows how it runs. You’re the one who’s been there from the beginning, and it’s your vision and guidance that has built it to the point it’s reached and paid the groundwork for the future. And the day-to-day in and out of the company is the same. Everything has to run according to the master … Continue reading Are you Poisoning your Business?
Chairman of the Senate Standing Committee on Commerce and Textile Industry, Senator Mirza Muhammad Afridi, has directed the FBR to solve the issue of NICs being needed for purchases of over Rs 50,000. Speaking at a meeting of the standing committee, Afridi observed that NIC condition has shaken the foundations of the economy, and directed chairman FBR to find an acceptable solution within ten days. … Continue reading FBR given 10 Days to solve purchase over 50k CNIC issue
The bitcoin price leaped around 200% over the first six months of the year largely due to social media giant Facebook’s now crumbling plans to launch its own private bitcoin rival, libra. Meanwhile, iPhone-maker Apple raised eyebrows last month when one of its executives said it’s “watching” cryptocurrencies, but Apple chief executive Tim Cook has now poured water on expectations it could be planning its … Continue reading A Serious BITCOIN Rival Warning – Tim Cook, Apple CEO
The Federal Board of Revenue (FBR) is all set to launch an aggressive campaign from October 15, 2019 to get industrial and commercial consumers registered for income tax. Chairman FBR, Syed Shabbar Zaidi, in a tweet on Friday said that all industrial and commercial consumers were must be registered for income tax purposes. The FBR chairman said that the board had been using persuasive modus … Continue reading FBR launching aggressive campaign to get industrial commercial consumers registered for income tax
The world’s highest ATM is located in Pakistan. The world’s highest ATM of National Bank of Pakistan at the Pak-China border. ATM stands for Automated Teller Machine, and it refers to an electronic device that allows customers of a particular financial institution to carry out financial transactions. The transaction that a customer can perform includes funds transfer, cash withdrawal, and obtaining account information at any … Continue reading World’s Highest ATM
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Here’s your friendly reminder that the 2018/19 Tax filing extension deadline for business and individual returns is October 31st! ✔️ Your accountant is going to need some time to work on them before that and you know what they appreciate the most? A great bookkeeper! What’s stopping you? Let’s talk ➡️ 0336-5116392 #TaxExtension #SmallBusinessTips #VirtualBookkeeper Continue reading Reminder
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