Taxation system needs a serious overhaul: ACCA
ISLAMABAD: Giving its proposals for the next budget, Association of Chartered Certified Accountants (ACCA) has identified that the taxation system in Pakistan is in...
China’s Chongqing to step up support for real economy
SHANGHAI: The sprawling southwestern Chinese city of Chongqing has introduced more measures to bolster the real economy amid growing pressure from Beijing to step...
Asian markets tumble on trade tensions
Asian stocks largely fell on Tuesday, reversing early gains on a bargain-hunting push by investors, as global trade tensions continued to weigh on markets.
Fears...
Ministers exchange heated words as PIA/PSM privatisation unfolds
ISLAMABAD: Chairman of NA Standing Committee on Privatisation Syed Imran Ahmed Shah took his own government with iron hands over the proposed privatisation of...
Market Daily: Indices succumb to late selling, shed 54.43 points
LAHORE: As the international anti-money laundering watchdog moves close to putting Pakistan on the global grey list, investors thought it wise to stay away...
Weekly inflation rises 0.03 per cent
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 01 for the combined income groups witnessed a nominal...
Dr Shamshad for improving quality of local products to decrease imports
ISLAMABAD: Caretaker Finance Minister Friday said that improving the quality of local products at par with international standards was imperative to discourage imports into the country.
The...
Market Daily: Interest seen in select sectors, KSE-100 gains 300 points
Overall, the KSE-100 fell to day’s low of 42,453.88 with the loss of 57.17 points in early trade. It later added 349.27 points and touched intraday high of 42,854.32.
Engro Fertilizers’ profit increases 11.4pc to Rs18.56bn
LAHORE:Â The Board of Directors of Engro Fertilizers Limited (EFERT) met on Monday to review the company's performance and announce its financial results for the...
Meezan Bank announces 30pc growth in half-year financial results
KARACHI: The Board of Directors of Meezan Bank in its meeting, approved the Bank’s financial statements for the half year ended June 30, 2018.
Profit...
Foreign investment takes a dip, down 26.2 per cent
According to data released by the State Bank of Pakistan (SBP) on Wednesday, the country attracted FDI of $237.9 million in May, down 26.2 per cent from $322.7 million in the same month of the preceding year.
Market daily: stocks rise up twice in row
LAHORE
The Pakistan Stock Exchange (PSX), after a bumpy ride, accumulated gains in late trading. This was not the only good thing about Thursday, market participation...
Country’s CPI surges by 4.4pc in January 2018
KARACHI: Pakistan’s Consumer Price Index (CPI) surged by 4.4 per cent on year-on-year basis in January 2018 as compared to an increase of 4.6...
Market Daily: KSE 100 index loses 259.85pts, settles at 46071.86
LAHORE: Off to a rocky start the 100 Index saw reduced market participation in the early hours as market participants opted to stick to...
Pakistan needs to get out of the comfort zone, end cycle of borrowing
Pakistan is stuck in a repeated cycle of borrowing to pay back money it already owes to other countries. The scary part - it seems like it has become too comfortable with it.
