Cigarettes prices could rise, as govt mulls raising taxes
ISLAMABAD: The government is contemplating to increase the tax on cigarettes in the upcoming budget for the financial year 2018-19 set to...
Annual Plan 2018-19 projects 6.2 percent economic growth rate & 6 percent inflation
ISLAMABAD: The Annual Plan 2018-19 approved by the National Economic Council (NEC) headed by the Prime Minister Shahid Khaqan Abbasi projected a...
Pakistan now viewed as hub of regional connectivity: Mushahid
KARACHI: Senator Mushahid Hussain has said that CPEC has already yielded dividends, with 22 Early Harvest Projects on track in energy, infrastructure,...
Senate panel approves amnesty scheme with amendments
Members belonging to Pakistan Tehreek-e-Insaf, Pakistan Peoples Party and others joined hands to introduce amendments to the bill.
Finance Ministry, NICL express inability for reinsurance of Punjab’s 2460MW power plants
ISLAMABAD: The Ministry of Finance and the National Insurance Company Limited (NICL) have so far expressed their inability to offer reinsurance for $1 billion...
Who is to blame for Careem’s criminal data breach?
Over the past one year, Pakistani security researchers warned the ride-hailing giant about the security flaws that could result in a cyber-attack.
Increased economic cooperation between Pak, Russia urged
KARACHI: Sindh Board of Investment’s Chairperson, Naheed Memon on Tuesday emphasized the need for increased economic and regional cooperation and bilateral trade...
ICI Pakistan announces financial results with 16pc growth
KARACHI: The Board of Directors of ICI Pakistan Ltd Wednesday announced unconsolidated Profit after Tax (PAT) for the quarter at Rs1,002 million is 16...
Bank Alfalah denies reports of it being sold
Senior journalist, Syed Talat Hussain had claimed that "Russia" is buying Bank Alfalah.
Apple hires Samsung’s executive for South Korea
LAHORE: Apple has appointed Brandon Yoon, a veteran Microsoft executive and most recently a vice president at Samsung Electronics as the new...
Shell Pakistan appoints new chief executive
LAHORE: Shell Pakistan Limited, in a notification to the Pakistan Stock Exchange (PSX) on Tuesday, announced the appointment of its new chief executive...
Earnings season at PSX fails to spark investor interest
LAHORE: Earnings season at the Pakistan Stock Exchange (PSX) has somewhat failed to spark investor interest mainly on the back of political...
Govt fails to get tax amnesty bill passed by NA committee
ISLAMABAD: The federal government has failed to get two bills passed from the National Assembly Standing Committee on Finance seeking the parliament’s...
One in five financial institutions consider cryptocurrency trading, survey says
LONDON: One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by an international news agency...
FTAs tilting balance of trade towards China: Younus Dagha
KARACHI:Â Free Trade Agreements (FTAs) are tilting the balance of trade in favour of China and are causing a surge in Pakistan's trade...