Malaysian investors urged to become part of CPEC framework

ISLAMABAD: Malaysian High Commissioner to Pakistan Ikram Mohammad Ibrahim has urged his country’s business community to seize the investment opportunities offered by Pakistan, especially...

Amazon plans to trim employee stock awards amid tough economy

Amazon.com Inc (AMZN.O) said it would reduce employee stock awards, a part of its compensation plan, as the e-commerce giant navigates an uncertain...

KP businessmen demand immediate release of income tax refunds

PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) on Saturday demanded the Federal Board of Revenue (FBR) to immediately release income...
JPMorgan-US

JPMorgan cutting about 500 jobs this week

JPMorgan Chase & Co (JPM.N) is cutting about 500 employees this week across its various departments, according to a person familiar with the situation...

Business community hails tax amnesty scheme, calls for extension till Dec

Govt urged to follow the amnesty model of Indonesia, as it brought around 745,000 people into the tax net and recovered...

EU, US warn Malaysia of security risk in Huawei’s bid for 5G role – FT

The European Union and U.S. have warned Malaysia over risks to national security and foreign investment as it finalises a review of...

‘Gas load shedding hampering Karachi’s export industry’

The owners of export-oriented businesses are facing adversity as they are unable to deliver their export orders due to gas load shedding...

Airbnb shares fall after probe into unpleasant customer experiences

Shares of Airbnb Inc (ABNB.O) fell as much as 6% on Thursday after an online independent publication released a report that probed unpleasant...

Two Adani Group firms to raise up to $2.57bn from the market

Two Adani group companies including the Indian conglomerate's flagship firm announced plans on Saturday to raise up to $2.57 billion from the...

Coal Power helps Pakistan cut power tariff by Rs10 per unit 

These projects also have helped Pakistan reduce its heavy dependence on gas and LNG power plants, which account for 50 per cent of total installed capacity.

PM’s aide assures business community of level-playing field

LAHORE: Advisor to Prime Minister on Commerce Abdul Razzak Dawood has said that the government is introducing reforms to encourage the business community...

Fraud probe targets top Porsche bosses: report

FRANKFURT: Three top executives at Volkswagen subsidiary Porsche including chief Oliver Blume are under investigation over alleged excessive payments to a former works...

SCCI backs traders’ call for strike against ‘unfair taxation’

PESHAWAR: The Executive Committee of Sarhad Chamber of Commerce and Industry (SCCI) has announced complete support to the traders’ strike against the...

Vegetable exports rise 10.8pc in FY19

ISLAMABAD: The export of vegetable products from the country grew by 10.80pc during the financial year 2018-19, as compared to the corresponding period...

Egyptian transport start-up targets Philippines, Bangladesh after Pakistan launch

ISLAMABAD: Swvl, an Egyptian startup with an app to book bus tickets, plans to launch operations in the Philippines, Indonesia and Bangladesh...