PSX receives Rs 8.96b from sale of 40pc equity stake
The Pakistan Stock Exchange (PSX) has received Rs8.96 billion from the Chinese consortium as a result of the sale of 40 pc...
Six Pakistani companies to be listed on FTSE
Six Pakistani companies are soon going to be listed on Financial Times Stock Exchange’s (FTSE) Global Equity Index, local media has reported.
These...
FBR agrees to stop raiding taxpayers
The Federal Board of Revenue (FBR) has agreed to stop raiding businesses and industries which are in the tax net at the...
E-commerce still a distant dream
Despite tall claims of the government to tap fast growing domestic and international digital trade, it is yet to show visible progress...
SECP committee to present recommendations on extending finance to capital market
The committee constituted by the Securities and Exchange Commission of Pakistan (SECP) to submit recommendations for extending financing to the capital market...
Country’s CPI inflation hikes by 4.2pc YoY
The consumer price index (CPI) inflation of the country hiked by 4.2pc on the year-on-year (YoY) basis in February 2017 as compared...
CPI based inflation rises 4.22 pc in February
Consumer Price Index (CPI) on year-on-year basis during February 2017 witnessed an increase of 4.22 per cent as compared same month of last year.
On...
Pakistan’s non-competitive rice loses international market
Apart from falling textile exports textile, rice exports are also expected to record a reduction of around 30 percent this year as...
Gold import falls 41.26pc in 7 months
The import of gold during first seven months of current fiscal year declined by 41.26 pc as compared to same period last year.
The gold...
Cement company alleged of $2m under-invoicing
The Customs have detected a case of under-invoicing and money laundering committed by a cement company on the import of Portland clinker,...
Pakistan receives $4.6b as new loans
In order to tackle the growing fiscal deficit owing to declining foreign currency reserves and to payback external debt obligations, Pakistan obtained...
All Pakistan Business Forum condemns criticism of CPEC
The All Pakistan Business Forum (APBF) has expressed its concerns regarding criticism of the China-Pakistan Economic Corridor (CPEC) – a transnational project,...
FPCCI lauds ECO summit, terms it milestone
Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has hailed the 13th summit of Economic Cooperation Organization (ECO) held on Wednesday...
Pakistan Business Council for comprehensive trade policy with India
Pakistan Business Council (PBC) has stated that prospects of normalization of relations between arch-rivals Pakistan and India seems a rare possibility in...
Chinese to withhold 20% PSX sale proceeds to meet possible default claims
The Chinese-led consortium that acquired controlling 40% stake of the Pakistan Stock Exchange (PSX) wants to hold 20 percent of the sale...