Sugar industry asks government for early disbursement of outstanding subsidies

Industry asks for sugarcane price to be set in line with prices of sugar and demands the tax regulator to collect general sales tax (GST) on the actual selling price of sugar instead of Rs60 per kg fixed by it

K-Electric & SSGC given 24-hour ultimatum to resolve dispute

ISLAMABAD: Ministry of Energy efforts to resolve the raging dispute between K-Electric and Sui Southern Gas Company (SSGC) over outstanding payments and...

Tax holiday for businessmen under CPEC projects to help establish industrial zones: Afzal

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal on Thursday said that tax holiday given to businessmen and companies under China...

Wind power has 1.23pc share of energy mix in Pakistan

ISLAMABAD: Wind power now constitutes 1.23pc share of Pakistan’s energy mix and increased 0.46 percentage points by September 2017. Alternative Energy Development Board...

Mishal, WEF to conduct executive opinion survey in Pakistan

ISLAMABAD: The World Economic Forum in partnership with Mishal Pakistan is set to conduct the Executive Opinion Survey 2018 in Pakistan in the...

Audi sees record half-year sales in China

CHANGCHUN: The Sino-German auto joint venture FAW-Volkswagen said a record 311,871 Audi vehicles were sold in China in the first half of...

Borrowing from private sector surges by 126pc: SBP report

Karachi: A recently released report from State Bank of Pakistan (SBP) has revealed that borrowing from the private sector has surged by...

JUMO to expand in Asia with Goldman Sachs backing

-- The South African fintech helps individuals and small businesses access savings and credit products through their mobile devices JOHANNESBURG: South Africa-based financial...

Banks asset base grew by 8.3pc during April-June says: SBP

Karachi: A quarterly performance review report (April-June) for the banking sector was released by State Bank of Pakistan on Friday which revealed...

Circular debt is at Rs 2.31 trillion. What does it mean?

Figure represents an increase from the end of FY 2022, but a contraction from April 2023

Fit in Punjab, unfit in Sindh?

In a first, the Supreme Court of Pakistan’s Karachi registry banned selling and distribution of four brands of packaged milk including Nurpur...

Sindh textile millers seek govt’s intervention as virus shakes industry

KARACHI: Textile millers on Thursday demanded the government to take drastic steps to save the export-led textile industry from the negative economic...

JS Global’s Pakistan Investment conference ends in US

KARACHI: JS Global Capital (JSGCL), Pakistan’s leading brokerage and investment banking firm, organised the third of its kind Pakistan Investment Conference 2018...

In Ads We Trust

The global ad market is reeling with notable boost each year and it appears the trend is even better in Pakistan, with...

Sindh CM demands representation on board of K-Electric, SSGC

KARACHI: In wake of the power crisis afflicting Karachi, the Sindh government on Friday said it was looking to get representation on...