Wall Street, Silicone Valley observe as Spotify goes public
NEW YORK: Spotify Technology's unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are...
China ready for equivalent response to US tariffs, says Chinese envoy
BEIJING: China will take counter-measures of the “same proportion” and scale if the United States imposes further tariffs on Chinese goods, China’s...
Hascol’s profit after tax rises 10.8pc YoY
LAHORE: In a notification to the Pakistan Stock Exchange (PSX) on Tuesday, Hascol Petroleum Limited declared its financial results for the year ended...
Sindh sales tax collection up 44pc
LAHORE: The collection of sales tax in Sindh was recorded at Rs9.29 billion in March, up 44 per cent compared to Rs6.69...
‘Saudisation’ leading to fewer foreign workers in KSA
LAHORE: The recruitment of Pakistani labourers by Saudi Arabian employers dropped by 11 per cent to 460,000 in 2016, stated a report...
Rs607 bn released for development projects under PSDP 2017-18
ISLAMABAD: The government has released over Rs607.44 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes...
Finance ministry to contribute Rs53 billion to pay off circular debt
ISLAMABAD: The country’s Finance ministry is to contribute in paying off the country’s soaring circular debt, and has released Rs53 billion to...
Acting US Asst SecState for South and Central Asia calls on Miftah Ismail
ISLAMABAD: US Acting Assistant Secretary of State for South and Central Asia, Ambassador Alice G Wells called on Adviser to Prime Minister on Finance,...
Government lacks legitimacy to announce budget this month: experts
ISLAMABAD: As the government has decided to announce the budget for next financial year 2018-19 by the end of this month, experts...
KASB Securities revived, plans to connect global capital with local growth companies
KARACHI: Khadim Ali Shah Bukhari (KASB) Securities Private Limited organised a Technology Investment Conference in Karachi to mark the launch of their brokerage...
CPI surges by 3.2pc in March
KARACHI: The Consumer Price Index (CPI) has surged by 3.2 per cent on a year-on-year (YoY) basis in March 2018, as compared to...
SNGPL and SSGCL recover losses from stolen gas by charging extra from consumers
ISLAMABAD: Following an approval from the Oil and Gas Regulatory Authority (OGRA), two state-owned gas utilities, SNGPL and SSGCL, are annually charging...
Pakistan, promise unfulfilled
Established as far back as the middle of the nineteenth century, 1860 to be precise, the Overseas Investors Chamber of Commerce and...
Turkish ambassador urges business community to enhance bilateral trade
WAH CANTT: Turkish Ambassador to Pakistan Mustafa Yurdakul has said that business community of both countries should play their role to enhance...
Vietnam aims to take trade with Pak to $1 bn
LAHORE: The Vietnamese want to take bilateral trade with Pakistan from the current $700 million to $1 billion, as economic and trade...