Eighteen marks its presence in KPK, launches sales office in Peshawar

Eighteen – Pakistan’s most luxurious and modern, mixed-use, residential project, in an aim to enhance its presence provide convenience for its investors...

Serena Hotels wins at World Travel Awards 2018

Serena Hotels has won the 'Leading Hotel in Pakistan Award' at the World Travel Awards 2018 gala ceremony in Hong Kong. The results...

Foreign reserves held by SBP fall by $342mn

The total liquid foreign reserves held by the country stood at $16,369.7 million on 31 August 2018, according to the State Bank...

Pak Suzuki bids farewell to Mehran VX, production to stop by April 2019

There have been rumours circulating in the market for a couple of years that Pak Suzuki would be discontinuing its most popular...

Telecom sector witnesses dramatic increase in revenues

ISLAMABAD: The telecom industry has seen a dramatic increase during the last four years as its revenue reached $15.35 billion from July...

Consul General Japan presents commendations award to PJBF

KARACHI: The Consul General of Japan, Toshikazu Isomura, awarded its most prominent Foreign Minister’s Commendation Awards to Sohail P Ahmed, Pakistan Japan...

Meezan Bank announces 30pc growth in half-year financial results

KARACHI: The Board of Directors of Meezan Bank in its meeting, approved the Bank’s financial statements for the half year ended June...

Russian bus maker Bakulin Motors offers to set up plant in Pakistan

KARACHI: Bakulin Motors Group Holding (trade Mark Volgabus), a Russian Buses Manufacturing group, has offered its intention to the Pakistani government to...

NAB asks FBR for assistance in investigation against declining revenues from tobacco sector

ISLAMABAD: The National Accountability Bureau (NAB) has asked the Federal Board of Revenue (FBR) to appoint a focal person for assistance in...

Pakistan neglects tax reforms in drive to improve ease of doing business

ISLAMABAD: Though the World Bank (WB) will be issuing its ranking on the ease of doing business next month, Pakistan in its...

SBI supporting local, foreign investors through SEZs

KARACHI: The Sindh Board of Investment (SBI) is assisting companies and investors who intend to invest in Sindh, and is facilitating the...

Market Daily: Bears take over again as PSX loses 354.57 points

LAHORE: The Pakistan Stock Exchange for the second consecutive day failed to make a mark.  The indices shed gains from the beginning...

Pakistan received $489 million loans & grants in July

The government had projected overall foreign assistance for FY19 to be around $9.6 billion compared to $11.486 billion in FY18

Gas price increase to be focal point of discussion in ECC meeting

According to Ogra law, the regulator is required to revise gas prices bi-annually to be notified on the first of July and January and local gas prices are linked to global oil prices

Sindh SEZs attract Rs50 billion worth of investment

Two more SEZs have been recommended to be established, one is the Dhabeji SEZ which comes under China-Pakistan Economic Corridor (CPEC) and will be setup over 1,500 acres land and the other is a 300-acre Marble City