Export of raw cotton decreases 72.4pc in eight months

ISLAMABAD: The export of raw cotton from the country during the first eight months of the current financial year (FY19) decreased by 72.49pc as compared...

Trump ‘firm’ on China structural demands, tariffs part of enforcement: Pence

WASHINGTON: US Vice President Mike Pence said on Friday that President Donald Trump would “stand firm” on his demands for structural changes to China’s...

Rayomond Kotwal takes helm as acting CEO, Habib Bank Limited

KARACHI: Habib Bank has notified Rayomond Kotwal as acting chief executive in place of current CEO Nauman Dar who is set for retirement on...

Tarbela 4th extension project to be commissioned in Feb: WAPDA Chairman

LAHORE: The long-awaited Tarbela 4th Extension Hydropower Project will be commissioned in February 2018 with its first unit going into operation, while the second...

Gas crisis ends as PLL secures additional LNG cargos at low rates

ISLAMABAD: The country's gas crisis is almost over as Pakistan LNG Limited (PLL) has made arrangements for the import of additional cargos of Liquefied Natural...

Dropbox’ valuation driven up by strong demand on IPO

SAN FRANCISCO: Dropbox Inc’s initial public offering, the largest tech stock debut in more than a year, was priced at $21 per share, the...

Car sales down by 3.4pc

    Car sales witness strong growth in last seven months of the current fiscal year to 104,156 units (excluding last year Taxi Scheme). Volumes of...

US to help Pakistani citrus exports become competitive

Citrus sector were among the earliest achievements of Pak-US partnership, says Hale   The Ambassador of United States David Hale has said that the US...

Weekly inflation increases by 0.46 percent

    The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on October 19 for the combined income groups decreased by 0.46 per...

Q-Mobile dents national exchequer to the tune of billions

ISLAMABAD: Q-Mobile in a bid save a hefty amount of taxes has allegedly caused billions of rupees to the national exchequer by assuming the status...

PSX turns bullish, gains 545 points 

KARACHI: Bulls emerged as winners at the Pakistan Stock Exchange on Monday. The indices swung in both directions until they finally picked the upper path....

PSEs borrowed a startling Rs52 billion in July-August of FY19

PIA’s debt stood at Rs146 billion in FY18 against Rs122.4 billion in FY17 and debt of Wapda grew to Rs131.2 billion in FY18 from Rs81.4 billion in FY17

Exporters not following packaging standards for mango exports

ISLAMABAD: With the commencement of mango exports from May 12, registered exporters have complained that mangoes are largely being exported without following the packaging standards...

Confiz Pakistan wins Microsoft ‘Country Partner of the Year’ award

LAHORE Confiz - the technology enabler based in Pakistan - has won the 2017 Microsoft Country Partner of the Year Award for Pakistan. The company...

Govt issues Rs200bn ‘Pakistan Energy Sukuk’

In order to resolve the country’s circular debt, the federal government has issued the first Pakistan Energy Sukuk of Rs200 billion. The Sukuk was issued...

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FBR issues notices to 3,950 non-filers in Lahore

LAHORE: The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their assets despite...

PIA hikes UAE fares

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FBR seeks Pakistanis’ Iqama details from UAE

Tax authorities have sought details from the United Arab Emirates (UAE) of Pakistanis who have obtained Iqama (work permit) from the Arab country in...