Currency dealers hold back on dollar sales
Currency dealers are buying dollars in the range of Rs 275-280 but are not willing to sell
Malls consider reducing rental waivers as Covid-19 cases decline
KARACHI: As the coronavirus cases decrease in the country, leading malls may be looking towards reducing waivers on rentals which poses a threat to...
Uber to buy Postmates in $2.65bn stock deal, expands food-delivery reach
The company looks to expand its reach in the food-delivery services arena as more people order at home due to coronavirus-led restrictions
LHC sets aside FBR’s suo motu powers to collect sales tax
'FBR cannot collect sales tax from any businessperson without registering him/her'
LAHORE: The Lahore High Court (LHC) has set aside the suo moto powers of...
Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
PM orders curtailment of bureaucratic red-tapeism
Prime Minister Imran Khan on Wednesday ordered cutting down bureaucratic red-tapeism that hinders economic growth.
As reported by a private media outlet, the PM gave...
Bed Bath & Beyond prepares for bankruptcy filing -WSJ
Bed Bath & Beyond Inc (BBBY.O) is preparing to file for bankruptcy as early as this weekend, the Wall Street Journal reported on Wednesday, citing people familiar...
Horticulture exporters accuse DPP of hampering mango exports
PFVA chief says Pakistan's mango export potential to Iran could not be realised due to the 'biased approach' of the Department of Plant Protection
UPS strike could be costliest in US in a century, study says
A threatened U.S. strike at United Parcel Service (UPS.N) could be "one of the costliest in at least a century," topping $7 billion for a...
FBR amends rules to facilitate SME exports
ISLAMABAD: The Federal Board of Revenue (FBR), through a notification issued on Friday, said it has amended the Export Oriented Units and Small and...
Market Daily: A glimmer of hope for investors at PSX, up 261.42 points
LAHORE: Driven by Thursday’s inertia, the KSE 100 index was off to a weak start at open and after falling to fresh lows the...
Asad Umar presents amendments to budget for ongoing fiscal year
Finance Minister Asad Umar on Tuesday announced a “mini-budget” in the National Assembly and said that if the government continues in the present economic trajectory, the country will be doomed.
Organic Meat completely acquires MSMH
TOMC’s IPO is Pakistan’s first IPO of 2020 and the first after fifteen months
Chinese trade mission to visit Pakistan on 26th
ISLAMABAD: Adviser to Prime Minister on Commerce and Textiles Abdul Razzaq Dawood has said a Chinese buying mission, consisting prominent businessmen and investors, would visit...
SECP to host International Islamic Capital Markets conference
Pakistan Stock Exchange and other institutions are collaborating with the Commission on this conference
