CAA’s latest initiative may harm PM’s tourism plan
KARACHI: The Civil Aviation Authority (CAA) is looking at the possibility of suspending flight operations from...
Govt mulls deregulating LNG sector to facilitate textile industry
'Import of LNG at competitive rates will help textile millers rationalise their production costs'
ePay Punjab fetches Rs1bn revenue in five months
LAHORE: ePay Punjab, the first-ever government payment aggregator for citizens’ facilitation and ease of business,...
Coronavirus scare takes over stock market
KSE-100 recorded its biggest intraday loss in a year, but recovered most ground to close 251 points lower
NPLs rise 11.8pc to Rs776bn in Dec 2019
KARACHI: The non-performing loan (NPLs) within the banking industry increased by 11.76pc YoY to Rs776...
Comment
COMMENT
Change the sheriff, do not increase our taxes
About 60 million uneducated children will enter our labour force over the next decade. All of us should focus our attention to jobs and...
EDITORIAL
Absurd demands from would-be autocrats
The news that the government of Pakistan plans to demand that social media giants such as Facebook, Twitter, TikTok, etc. set up offices –...
COMMENT
The State Bank’s silent payments revolution
How the SBP's latest circular could have far-reaching consequences for the state of digital Pakistan
EDITORIAL
Imran Khan at Davos
Of all leaders Pakistan has ever had in its history, Imran Khan should be completely comfortable at Davos. Only once before did we have...
COMMENT
The problem of revenue is bad tax policy, not cheating
Revenue generation is important but not top priority as in last 3 decades. Much effort and money has been spent in collecting taxes and...
EDITORIAL
‘Voodoo’ Economics, Habib Metro bank and a noodle
We were spoiled for choice this issue of Profit when it came to deciding what our cover story would be. It’s a good problem...
Pakistan’s investment regime most liberal in the region
NEW YORK: Pakistan's economy has made remarkable advances, with a liberalised investment sector and improved security environment, Consul General Ayesha Ali told Pakistani-American businessmen...
PM Imran orders strict action against hoarders of masks
ISLAMABAD: Taking notice of hoarding of surgical masks amid panic over the coronavirus outbreak, Prime Minister Imran Khan has ordered authorities concerned to take strict...
“Boycotting imported products will elevate rupee and make Pakistan better off,” BS or not?
In response to the relentless hike in US dollar against Pakistani rupee, various campaigns online have urged Pakistani consumers to cut-off their...
Smuggled phones can be unblocked in the black market for Rs 2,000’: BS or Not?
Senator Mian Mohammad Ateeq Sheikh raised concerns in a Senate standing committee a few days ago over Pakistan Telecommunication Authority (PTA) blocked...
‘Huawei phones have stopped working after Google pulls its Android license,’ BS or not?
An increasing number of American and Chinese companies are feeling the damaging effects of the US trade war with China as it...
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Citibank Pakistan scaled back, and became bigger than ever
Eight years ago, it looked like it was over.
On March 17, 2012, a story appeared on the front page of The Express Tribune, breaking...
Onion exports banned till May 30th
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday imposed a ban on the export of onions till May 30, 2020.
Considering the summary...
100 companies responsible for Pakistan’s 40pc exports
LAHORE: The top 100 exporters of the country exported goods worth $9,558 million in FY19 (July 1, 2018-June 30, 2019), which was 40pc of...
24 top designers sent notices for alleged tax evasion
The Federal Board of Revenue (FBR) on Wednesday sent notices to 24 bridal dress designers for allegedly being involved in tax evasion.
According to a...
PSL to cause Rs23bn loss to local traders: LCCI
LAHORE: As the Pakistan Cricket Board (PCB) is all set to host Pakistan Super League (PSL) matches in Lahore, traders have said that strict security...
HBL’s profit rises 25pc to Rs15.5bn
KARACHI: The Board of Directors of Habib Bank Ltd met on Wednesday to review the bank’s performance and announce its financial statements for the year...
UBL announces to wind up its wholly owned subsidiary
KARACHI: United Bank Limited (UBL) on Thursday announced that it is winding up its wholly-owned subsidiary United Executors and Trustees Company Limited.
In a letter...
Crown Group invests Rs2bn in electric vehicles plant
KARACHI: Crown Group has recently organized a market testing and sales display of its exclusive range of CROWN Electric Vehicles which includes two, three and...
