Senate passes Corporate Rehabilitation Bill 2018
ISLAMABAD:Â The Senate has passed the amended Corporate Rehabilitation Bill, 2018. It provides the mechanism for rehabilitation of the distressed companies, which is...
CAA deposits Rs5 bn in Ali Jahangir Siddiqui’s JS Bank, violating Finance Division’s rules
ISLAMABAD:Â In a surprising development, it has reliably been learnt that the Civil Aviation Authority (CAA) has deposited Rs5 billion of funds, which...
Tractor production grew by 50.23 pc in seven months of current FY
ISLAMABAD: Tractors manufacturing in the country witnessed 50.23 per cent growth during first seven months of the current financial year as compared...
Courier companies denounce proposed logistics regulation bill
KARACHI: The bill passed by the National Assembly and titled as ‘Pakistan Courier and Logistics Regulatory Authority Act 2017’ is under the...
Revenue share of tobacco industry decreases to 83.69bn in 2016-17
KARACHI: The revenue collection of Federal Board of Revenue (FBR) on documented cigarettes further declined to Rs83.69 billion in the year 2016-17...
Financial management key to successful businesses: SMEDA
LAHORE: Financial management is the main driving key to run a successful business. It was unanimously observed by the speakers while addressing...
Toyota to increase car prices amidst rupee devaluation
MUZAFFARABAD: The rupee devaluation has made it unsustainable for the Indus Motor Company (IMC) to operate under the present prices of its...
Tobacco, cement, cotton production increases from last year
ISLAMABAD: Cement production in the country, witnessed a growth of 12.13 per cent during the first seven months of the current fiscal year, as...
Cost of corruption to businesses 20 per cent in Pakistan: DG NABÂ
KARACHI: National Accountability Bureau (NAB) Director General Altaf Bawany quoted that corruption increases the cost of doing business in Pakistan by nearly 20...
KASB Securities revived, plans to connect global capital with local growth companies
KARACHI:Â Khadim Ali Shah Bukhari (KASB) Securities Private Limited organised a Technology Investment Conference in Karachi to mark the launch of their brokerage...
Seafood exports reach $264.18mn In eight months
ISLAMABAD: The exports of fish and fish preparations from the country have witnessed a 10.18 per cent increase during first eight months...
SECP reveals 19 per cent increase in new companies registration
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in February has registered 1,021 new companies. As compared to the corresponding month...
PM chairs ECC meeting, accord approvals for power sector
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet here at the Prime...
Lucrative investment opportunities for Kuwait in Pakistan: SBI Chairperson
KARACHI: Sindh Board of Investment (SBI) Chairperson Naheed Memon in her address to the Pak-Kuwait Investment Conference being held at Kuwait by...
USAID launches ‘Challenge Fund’ to support local SMEs, entrepreneurs
ISLAMABAD: The United States Agency for International Development (USAID) has launched the Challenge Fund in order to support the growth of small...