Pak Suzuki reports 39pc YoY increase in net profits
Karachi: One of Pakistan’s largest automobile manufacturers Pak Suzuki Motor Company (PSMC) reported its earnings for the first six months (Jan-June) 2017...
FBR uncovers money laundering of Rs102b under gift-back scheme
Islamabad: On Tuesday, the Federal Board of Revenue (FBR) sent notifications to over 2,785 wealthy individuals accused of laundering Rs102b in last...
Irsa fears water shortage in upcoming winter season
Lahore: The Indus River System Authority (IRSA) in a letter dated 24th July to the Water and Power Development Authority (WAPDA) has...
Changes to CDNS regulations allows govt to categorize public savings as non-tax revenue
Islamabad: Central Directorate of National Savings (CDNS) regulations have been changed and altered by the finance ministry before the end of last...
SECP to carry out audit of all foreign companies operating in Pakistan: Interior ministry
Islamabad: Securities and Exchanges Commission of Pakistan (SECP) on Tuesday was issued directives by Interior Minister, Chaudhry Nisar Ali Khan to undertake...
Profit repatriations increase to reach $2.1b during FY 2016-17
Karachi: An increase in profit repatriations have been reported again, as foreign entities have sent $2.1b in dividends and profits abroad during...
Readymade garments exports increased by 5.55pc during FY 2016-17
Islamabad: Readymade garments exports from the country during previous financial year (2016-17) increased by 5.55 percent as compared to corresponding period of...
OGRA unable to reach agreement with Oil Tankers Association
Karachi: Negotiation between oil tanker owners and the government has failed as both parties failed to reach an agreement. Earlier on Tuesday, queues...
HC Canada addresses RCCI members on bilateral trade
RAWALPINDI
"Pakistan and Canada can enhance their trade and investment cooperation in different sectors including agriculture, renewable energy, mining, and infrastructure etc,” said...
ECC approves sovereign guarantee worth Rs193bn for Power Holding Ltd.
ISLAMABAD
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday, July 25, 2017, approved the issuance of an unprecedented sovereign guarantee of Rs 193 billion...
Daily market report: PSX settles close to 46000pts
LAHORE
Finally, it was a good trading session at the Pakistan Stock Exchange (PSX), as the benchmark KSE 100 index settled close to...
Nepra approves reduction in power tariff of Rs 2.23 per unit
Islamabad: National Electric Power and Regulatory Authority (NEPRA) today approved a power tariff reduction of Rs2.23 per unit for June on account...
Mobile phone imports fell 5.78pc during FY 2016-17
Islamabad: The import of mobile phones during fiscal year 2016-17 fell by 5.78 per cent as compared to same period the previous...
CDWP recommends purchase of 250 passenger coaches for Pakistan Railways
Islamabad: In a Central Development Working Party (CDWP) meeting presided by Planning Minister Ahsan Iqbal on Monday, it recommended the purchase of...
PSO makes payment for its short-term borrowings
Karachi: State owned oil giant, Pakistan State Oil (PSO) on Monday said it had disbursed payments for its short-term borrowings on account...