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Govt not to collect sales, income tax from FATA

ISLAMABAD: The caretaker federal government has decided not to collect sales tax on electricity and manufacturing and income tax on profits in business from the FATA and PATA areas as part of implementation of tribal areas' merger with…

Smartphone market to stay cool this year

SAN FRANCISCO: International Data Corporation forecast Wednesday that global smartphone sales would cool this year before heating up with help from new 5G networks and India's vibrant market. An IDC Worldwide Mobile Phone Tracker…

Caterpillar drives sales on China’s new Silk Road

CHICAGO/NANTONG, China: At a Caterpillar facility in the eastern Chinese city of Nantong, an array of excavators, earth movers and road-making machinery is displayed on slopes and in mud pits. The audience is Caterpillar’s local network…

The Yayvo ‘White Friday’ sale sets new record

Yayvo.com, Pakistan’s fastest growing eCommerce store, kept all its promises this White Friday with widely-appreciated customer service. With an exceptional delivery performance, 52% of the orders were delivered within 2 days of order…

Online sales? Maybe one day, says Chanel

PARIS: France's Chanel has no immediate plans for online sales of its coveted outfits or handbags, a senior executive said on Friday, making it one of the fashion world’s last hold-outs as rivals experiment with websites to win over new…