Govt doubled GDP and revenue growth, halved inflation, says Haroon
ISLAMABAD: Special Assistant to the Prime Minister on Revenue Senator Haroon Akhtar Khan has said the government has doubled the country's GDP growth...
Market Daily: KSE 100 Index gains 90.27 points
LAHORE: As looming trade war fears continue to plague the sentiment in regional markets, we remain immune and indifferent to global woes...
Telecom sector continues growth as mobile broadband users reach 51 mn
ISLAMABAD: Pakistan has seen a dramatic increase in the usage of mobile broadband as mobile broadband subscribers have reached a total of...
Tax rates for banks should be reduced in 2018-19: PBA
KARACHI: Pakistan Banks’ Association (PBA) has demanded from the government to delete Section III (4) of the Income Tax Ordinance 2001 and the...
Mega Conglomerate to launch Rs10 bond, expects its value to reach Rs1mn in five years
LAHORE: Mega Conglomerate Private Limited (MCPL) Chairman Habibullah Khan, in an interview with Profit recently, announced his plans to launch a Mega bond.
The...
FBR’s third tax slab and enforcement drive hurts illicit tobacco
PESHAWAR: The policy from the Federal Board of Revenue (FBR) to introduce a third tax slab for cigarettes and step up its enforcement...
Pakistan’s largest private power producer has a new chairman & he plans to bring energy prices down to one third
LAHORE: As power prices surge in the country, Hubco Board Chairman, Habibullah Khan plans to provide electricity slightly above one-third of the...
Spotify shares surge in record-setting direct listing
Shares of Spotify Technology ended up 12.9 per cent on their first day of trade on the New York Stock Exchange (NYSE),...
Cryptocurrency profits in Asia rise as arbitrage boom fizzles
SHANGHAI: When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin “mules” and peer-to-peer platforms sprung up...
Cement industry registers highest ever dispatches in March
Karachi: Pakistan's cement exports increased by a whopping 85 per cent while recording highest ever dispatches in the month of March, All Pakistan Cement...
Exchange rate under pressure, amid rising dollar demand
LAHORE: The rupee further devalued against the dollar on Tuesday, amid rising demand for the greenback and tight interbank regulations by the...
Power sector to get another Rs50bn to smooth supply
LAHORE: The federal government in a bid to ensure uninterrupted energy supply during the upcoming summer and the holy month of Ramazan,...
Pak holds 10th Round of Phase II China Pakistan Free Trade Agreement
ISLAMABAD: The 10th Round of Phase II China-Pakistan Free Trade Agreement (CPFTA) was held in Islamabad on 2nd April, 2018.
The session was...
Chinese investors seek business in local ceramics sector
LAHORE: A Chinese delegation from the city of Zibo has expressed keen interest to have joint ventures in the ceramics sector of...
Gold imports up 27.81 pc in 7 months
ISLAMABAD: The import of gold during the first seven months (July-February) of the current fiscal year has increased by 27.81 per cent...