Coca-Cola appoints Fahad Ashraf as GM for Pakistan, Afghanistan

The Coca-Cola Export Corporation (Pakistan) has announced a new leadership appointment with Fahad Ashraf taking over as the new General Manager for...

‘Issuance, payment of promissory notes expected next month’

FBR chairman says the system will take its own course if people fail to fulfill their tax obligations FAISALABAD: Federal Board of Revenue...

Alibaba CEO and Chairman Zhang to step down to focus on cloud business

Alibaba Group (9988.HK) on Tuesday said its CEO and chairman Daniel Zhang will step down from the roles to focus on its cloud...

Hafeez Shaikh vows investor facilitation in upcoming budget

ISLAMABAD: Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh said on Thursday the proposals of all business...

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...

Temasek buys 41% stake in India’s Manipal Health for $2bn – source

Singapore-based sovereign wealth fund Temasek said on Monday that it is acquiring an additional 41% stake in India's Manipal Health Enterprises from...

FPCCI sees Qatari emir’s visit as good omen for Pakistan’s economy

The recent visit of Qatari Emir Sheikh Tamim bin Hamad Al Thani will go a long way in the promotion of bilateral...

Apple says it has no interest in buying TikTok

Apple Inc has no interest in acquiring TikTok, the company said on Tuesday, denying a report by news website Axios from earlier...

Govt establishes business council to create jobs and enhance exports

From a total of 20 private sector members, four are from the textile sector, two from the cement sector and others from sports goods, automobile, logistics, retail, petrochemical, engineering and computer businesses

FPCCI vows to support govt in drive against tax evaders

ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Monday vowed to fully support the government in its crackdown on...

Working capital normalisation, loan deferral to improve MLCF’s liquidity

LAHORE: Normalisation of working capital and deferral of loans will help improve liquidity of Maple Leaf Cement Factory Limited (MLCF), analysts say.  Shahrukh...

Foxconn targets India’s chip scheme after pulling plug on $19.5bn JV

Foxconn said it intends to apply for incentives under India's semiconductor production plan, a day after the Taiwanese firm split with Vedanta...

KPMG to cut 5% of US jobs in fresh round of layoffs

KPMG is laying off 5% of its U.S. employees after feeling the pinch of "economic headwinds, coupled with historically low attrition," a...

Chinese investors urged to cash in on Pakistan’s ‘business-friendly policies’

--Minister says China can help increase Pakistan’s exports by relocating its industries and initiating joint ventures in various fields ISLAMABAD: Planning, Development...

RCCI to hold ‘gems & jewellery exhibition’ on 23rd

RAWALPINDI: Rawalpindi Chamber of Commerce and Industry President Malik Shahid Saleem said on Tuesday that the chamber would organise a three-day 'gems...