JS Global arranges Pakistan Investment Conference 2018 in Washington, New York
KARACHI: JS Global Capital Limited has taken the lead in presenting Pakistan’s economic growth story to international investors by organising the Pakistan Investment Conference...
NAB increases scrutiny, seeks proper documentation for major agreements
ISLAMABAD: The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements including LNG...
Tough times for ‘unregistered persons’ by FBR in new audit policy
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to give tough time to an unregistered person in the new audit policy 2017.
The tax department on...
Razak Dawood instrumental in shaping business-friendly mini-budget
ISLAMABAD: Unlike the previous ministers of commerce and industry, Prime Minister’s Adviser on Commerce Abdul Razak Dawood has proved to be highly influential in...
Switzerland never offered to return Pakistanis’ assets in its banks: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has refuted that Switzerland never offered to return even a single dollar of Pakistanis deposited in Swiss...
Wall Street hit again by growth worries; blue-chip earnings prop up Dow
The S&P 500 and the Nasdaq dropped on Wednesday as U.S. stocks gave up a strong start, hamstrung by lingering concerns over economic growth,...
Askari Bank reports 59pc surge in profit
KARACHI: The Board of Directors of Askari Bank met on Thursday to review the bank's performance and announce its financial statements for the year...
HBL’s profit increases 14pc to Rs8.4bn in 1st quarter 2019
HBL on Wednesday declared a consolidated profit after tax (PAT) of Rs3.2 billion with earnings per share of Rs2.08 for the first quarter of...
Colony NorthStar ends talks with Abraaj to acquire fund management unit: Report
Reuters on Thursday reported creditors were seeking legal advice from law firm Clifford Chance on the potential action they could initiate against Abraaj in wake of worries over its ability to repay its debt, two sources close to the matter revealed
KSE-100 gains 442 points as traders end protest
KARACHI: The Pakistan Stock Exchange (PSX) marched north on Thursday, a day after traders called off their protest against the government's taxation measures.
On the economic...
Govt sets Rs5.5tr revenue target in upcoming budget
At the time, Shaikh said the “basic purpose” of the scheme was not to generate revenue — as media reports had speculated — but to bring dead assets into the economy and make them functional.
Japanese foreign minister for ‘Naya Pakistan-Japan’ relationship
ISLAMABAD: The Japanese State Minister for Foreign Affairs Kazuyuki Nakane conveyed his best wishes to the incumbent Finance Minister Asad Umar on assuming charge...
SBP’s foreign reserves increase by $10,350m in one week
LAHORE: According to a notice by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at $17,079.7 million...
Bull run continues at PSX, index ends 977 points higher
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) were once again successful in conquering the market, as the indices continued on the upward trajectory right...
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 drive against...
