Business community demands aggressive crackdown against dollar mafia

'SBP should devise guidelines for local currency dealers so that only genuine buyers can buy dollars from the open market' ISLAMABAD: The business...

KCCI invited to participate in US investment summit

KARACHI: Mark Russel, the Senior Commercial Officer at Consulate General of the United States of America, has invited the Karachi Chamber of Commerce...

WB team visits LCCI to think up ways for agri development

LAHORE: A four-member of the World Bank's Strengthening Markets for Agriculture & Rural Transformation in Punjab (SMART) programme called on Lahore Chamber...

PM’s aide stresses promotion of barter trade to boost exports

Hafeez Shaikh assures business community of its involvement in important policy decisions LAHORE: Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh...

Citigroup pays $12 million to settle dark pool probe

The regulator also found that Citigroup Global did not disclose that over a period of more than two years, nearly half of its dark-pool orders were routed to and executed on other trading venues that did not offer the same premium features as Citi’s.

Saudi Arabia posts budget surplus of $27.68bn in 2022

Saudi Arabia recorded a budget surplus of 103.9 billion riyals ($27.68 billion) in 2022, beating its own estimates, as higher oil prices boosted...

Indus Motors set to be first automotive firm to export semi-processed parts to Egypt

IMC will join Toyota’s global supply chain with the Toyota Egypt deal

Indus Motor’s profit drops 13pc in FY19

The Board of Directors of Indus Motor Company (IMC) met on Tuesday to review the company's financial and operating performance for the...

On eve of bankruptcy, US firms shower execs with bonuses

Nearly a third of more than 40 large companies seeking US bankruptcy protection during the coronavirus pandemic awarded bonuses to executives within...

UBDL discontinues Johnson & Johnson products in Pakistan

United Brands Limited (UBDL) has recently announced to discontinue Johnson & Johnson products from its business portfolio, a private media outlet reported. In...

Philip Morris fixes brand prices less than FBR’ FED rate

ISLAMABAD: A multinational Tobacco company Philip Morris Pakistan Limited has reportedly fixed the retail price of one of its brands less than...

‘Govt must honour commitments made to business community’

BMG chairman says all measures taken till now have resulted in increasing the cost of doing business KARACHI: Former Karachi Chamber of Commerce...

Chinese company mulls to invest in Islamabad IT zone

Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday met a Chinese delegation of investors, inviting them to explore the...

Elon Musk overtakes Bezos to become world’s richest person

Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. A 4.8pc rally in the...

US set to unveil long-awaited crackdown on real estate money laundering

The U.S. Treasury Department will soon propose a rule that would effectively end anonymous luxury-home purchases, closing a loophole that the agency...