Huawei’s $105bn business at stake after US broadside
Trump administration says it will add Huawei Technologies and 70 affiliates to its 'Entity List'
HONG KONG/BEIJING: The latest US broadside against Huawei...
Rupee down by another Rs4.6 against dollar in interbank market, hits Rs147
Ibrahim Moosa for Mettis Global told Profit, "The Pakistani rupee is expected to depreciate against the US dollar further and the market expectation is at around Rs147-148."
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...
Hakim Said’s granddaughter takes charge of Hamdard
Fatema Munir Ahmed will serve as the new managing director and CEO of Hamdard Pakistan
KARACHI: Fatema Munir Ahmed — granddaughter of Hakim...
Pakistan, IMF close to sealing $7-8bn loan agreement
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government and the International Monetary Fund (IMF) are likely to announce a staff-level agreement today (Friday), as the...
‘Foreign companies being encouraged to explore petroleum sector’
ISLAMABAD: Petroleum Minister Omar Ayub Khan said on Wednesday that the government was extending maximum facilitation to foreign companies so as to encourage...
FPCCI delegation visits USA, highlights economic potential of Pakistan
KARACHI: A thirty-member trade delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and American-Pakistan Business Development Forum visited the...
Govt urged to clear the air surrounding Shabbar Zaidi’s appointment
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday urged the government to take strong measures to reduce tax gap in order...
Vegan startup substituting meat raises $241 million from IPO
Beyond’s rival Impossible, meanwhile, has linked up with Burger King to offer a vegan version of its signature Whopper. Nestle and Unilever are also aiming to expand their presence in the expanding sector.
World’s first Urdu based ‘Siri-styled’ voice-recognition AI bot launched
KARACHI: The underlying theme of this year's Smart CX conference, held in Karachi, was the use of innovative technology to enhance customer experience...
Arif Naqvi faces 24-hour curfew after bail decision
A British court has ordered former Abraaj chief executive Arif Naqvi be freed on £15 million bail while he fights extradition to...
Dawood vows further facilitation of business community in upcoming budget
PM's aide says govt wants to help investors grow their businesses, engage in exports and contribute more to national economy
PepsiCo...
PSM privatisation process to commence once again
It has been speculated that around 5 to 6 international firms have approached the federal government to reach an arrangement for the privatisation and revival of PSM.
PSX warns against short selling, brokers dismayed
The official added that without this speculative activity, the prices would improve and the index would start moving upwards.
National Savings to revise, set ambitious saving targets for May
Profit rate of return for specialised savings schemes like “Bahbood Savings Certificates” and “Pensioners’ Benefit Account” has also been revised upward and fixed at 14.28 per cent respectively