Mega Conglomerate to launch Rs10 bond, expects its value to reach Rs1mn in five years

LAHORE: Mega Conglomerate Private Limited (MCPL) Chairman Habibullah Khan, in an interview with Profit recently, announced his plans to launch a Mega bond. The...

Is Bitcoin creator a Pakistani?

A British-Pakistani entrepreneur named Bilal Khalid, now known as James Caan, has recently claimed that he was in fact Satoshi Nakamoto, the...

NBP’s half-year profit surges 36.8pc to Rs15.2bn

ISLAMABAD: The National Bank of Pakistan's Board of Directors on Wednesday approved the condensed interim financial statements of the bank for the...

SBP governor Tariq Bajwa, FBR chief Jahanzeb Khan shown the door

In a late night move, the federal government on Friday removed State Bank of Pakistan (SBP) Governor Tariq Bajwa and Federal Board...

Sale of refrigerators, deep freezers up by 15 to 20pc  

KARACHI: The sale of Refrigerators and Deep Freezers have gone up by approximately 15-20 per cent on the eve of this Eidul...

Abraaj Group’s chief in dire straits due to mishandling of funds

LAHORE: The Abraaj Group considered one of the largest and most influential investors in the developing world has ended up in hot...

Grow your company size by 3 to 6 times in just months. At least two Pakistani companies have done this & you can too....

Just follow the steps relevant to your company type, exponentially grow the balance sheet size of your business, earn ‘risk free returns’, and in the process also help your country. Read the complete guide with FAQs.

Date for filing returns not extended, says FBR

ISLAMABAD: No decision has been taken so far to extend the date for filing income tax returns, an official from the Federal Board...

Unity Foods announces new edible oil under brand name ‘Dastak’

LAHORE: Unity Foods Limited on Monday informed all stakeholders regarding the launch of its new edible oil under the brand name “Dastak”....

ACCA wins bid to develop public sector finance professionals in Pakistan

ISLAMABAD: The Association of Chartered Certified Accountants (ACCA) on Friday announced that it has been awarded a high-level project to develop a Professional Accreditation Programme...

Govt set to impose Rs100bn taxes in mini-budget

ISLAMABAD: The federal government is all set to impose over Rs100 billion in taxes by increasing 5 to 10 per cent regulatory...

Forex update: Pakistan’s forex reserves stand at $16,722.8mn

LAHORE: According to a notification issued by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country...

Revision in foreign currency account law could rein in demand of dollar in kerb market

KARACHI: The promulgation of a revised Protection of Economic Reforms Act (PERA) 1992 earlier this week has been appreciated by experts, which...

NetSol closes UK subsidiary amid ‘unfeasible’ operating, net margins

LAHORE: NetSol Technologies Limited, which is one of the biggest software/IT outsourcing companies in the country, in a letter issued today to...

How tech brands are digitally hammering global FMCG giants

According to a Foreign Policy report, the cash that Apple has on-hand exceeds the GDPs of two-thirds of the world’s countries