PEW lauds PM’s plan for rationalised tax regime
ISLAMABAD: The Pakistan Economy Watch (PEW) on Thursday lauded Prime Minister Imran Khan for initiating radical changes in the tax administration to...
Pakistan wants investment from Japan on priority basis: NA speaker
ISLAMABAD: Speaker National Assembly Asad Qaiser says Pakistan wants investment in various sectors from all countries including Japan on a priority basis.
He...
Bata Pakistan reports 0.8pc increase in half-yearly profits
Bata Pakistan Limited reported a marginal growth of 0.8% in half-yearly profits during the half year period ended on June 30 2018.
In their...
Pakistan’s foreign reserves stand at $16.685bn
KARACHI: According to data released by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood...
Profit repatriations on FDI rise to $124mn in July
Repatriation of profits earned on foreign direct investments (FDI) brought into the country have surged to $124.2 million during the first month...
IMC holds 27th dealer conference
KARACHI: Indus Motor Company (IMC) held its 27th Annual Dealer Conference at a local hotel in Karachi. Toyota Motor Asia Pacific President...
NBP announces 46pc after-tax profit in half-yearly results
In a meeting of the Board of Directors (BoD) of National Bank of Pakistan (Bank) which was held on August 30, 2018,...
Next cabinet meeting to decide extension of NIRC chairman
ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resource Division is all set to present a summary of extension in contract of...
PML-N govt ostensibly accepted ‘strict’ terms for LNG supply deal with Qatar: sources
ISLAMABAD: Initial scrutiny of the LNG supply deal between Qatar and Pakistan initiated by the incumbent minister for petroleum division Ghulam Sarwar...
ADB organises workshops to promote Pak trade, exports
ISLAMABAD: The Asian Development Bank (ADB) convened consultation
workshops on “The CAREC Integrated Trade Agenda 2030 and Special Economic Zones
Development” here to promote...
SECP intensifies efforts against terror financing
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has intensified its efforts to combat terror financing and money laundering. On the...
Market Daily: Indices in red as political uncertainty prevails
LAHORE: To add to the economic uncertainty came political trouble. As protestors march towards the Federal Capital Islamabad, investors sell at the...
Pakistan’s leading lock screen app Slide set to be acquired by S.Korean Buzzvil
The application that raised $1.2 million as seed round and $3.6 million in Series A funding had over 7 million users as of February 2018 since its launch in Pakistan and India in 2015
PIA’s financials crash amid mismanagement, interdepartmental conflicts
LAHORE: Pakistan International Airlines (PIA) faces a loss before tax of Rs54.2 billion for the eleven month period from September 2017 to...
CLSA Ltd returns to Pak after 17 years, buys minority stake in Alfalah securities
KARACHI: The Hong-Kong based CLSA, the CITIC Securities Company, entered into a joint venture with Bank Alfalah today, to buy a 24.9...