Abraaj fleeced investors to plug shortfalls
Abraaj's legitimate business activities 'could not produce and maintain the cash flow and cash flow reserves necessary to conduct basic, day-to-day...
SECP registered 1,323 companies in May
ISLAMABAD:Â In May, the Securities and Exchange Commission of Pakistan (SECP) registered 1,323 new companies, according to a statement issued on Thursday.
As compared...
Hafeez Sheikh forms committee to address business community’s woes
LAHORE:Â Adviser to Prime Minister on Finance Abdul Hafeez Sheikh on Thursday constituted a high-powered committee to rectify the anomalies in the proposed...
Apple explores moving 15-30pc of production capacity from China: report
Apple Inc has asked its major suppliers to assess the cost implications of moving 15 per cent to 30pc of their production...
Hafeez Shaikh invites FPCCI members to discuss budgetary concerns
'Finance adviser intends to address genuine grievances of the business community in order to accelerate economic activities in the country'
ISLAMABAD:Â Adviser to...
Facebook’s cryptocurrency ambitions face privacy concerns, political backlash
SAN FRANCISCO/NEW YORK:Â Facebook Inc has announced ambitious plans to launch a new global cryptocurrency called Libra, part of an effort to expand...
Alibaba puts CFO in charge of investment in major management reshuffle
BEIJING/SHANGHAI: China's Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement,...
Facebook plans its own currency for over two billion users
The digital currency, called Libra, is scheduled to launch sometime in the next six to 12 months
SAN FRANCISCO:Â Facebook already rules daily...
US businesses beg to be left off Trump’s tariff list
Hundreds of US businesses from local bridal shops to multi-billion dollar retailers have submitted comments to the US Trade Representative's Office opposing...
Argentinian investors urged to explore Pakistani market
ISLAMABAD:Â President Dr Arif Alvi said on Monday that Pakistan's unique geographical location and investment-friendly regime offered lucrative business opportunities to foreign businessmen.
In...
FPCCI forms committee to highlight budget anomalies
ISLAMABAD: Federation of Pakistan Chamber and Commerce and Industry (FPCCI) has constituted a high-level 17-member committee to highlight budget anomalies and address...
Is Ernst & Young about to exit Pakistan?
Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...
LCCI calls for remedial measures before budget approval
LAHORE:Â Lahore Chamber of Commerce & Industry (LCCI) on Saturday urged the national and Punjab assemblies to take remedial measures through consultations with...
‘Business community stands with PM in his fight against corruption’
ISLAMABAD:Â Pak-US Business Council and United Business Group Chairman Iftikhar Ali Malik has said that the business community would extend all-out support to...
Huawei applies to trademark its own operating system after US ban
LIMA/SHANGHAI: China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a...