Punjab government wants GST abolished on agricultural inputs in upcoming budget
Punjab government has sent a letter to the Ministry of Finance for abolishing general sales tax (GST) on agricultural inputs in the...
Real estate investment trust’s unable to seek funds from PSX due to high taxation regime
Pakistan Stock Exchange (PSX) has seen a dearth of listings from the real estate sector despite construction booming in the country. This...
CPEC to help hotel industry revival: Sindh Governor
Sindh governor Muhammad Zubair said on Tuesday that the China Pakistan Economic Corridor (CPEC) project is set to pave way for fresh avenues...
Trade deficit forecast to reach $26.9b in next FY 2017-18
For the upcoming financial year (FY) 2017-18, the economic growth rate has been forecast to reach 6pc on the basis of growth...
MCB, CSD sign MoU for Ramzan campaign
MCB Bank, “Pakistan’s Best Bank” (Euromoney and Finance Asia Awards, 2016), has entered into an alliance with Canteen Stores Department (CSD) for...
Jazz cements leadership position in telecommunications in Pakistan
VEON, Global Telecom Holding (GTH) and Jazz, Pakistan’s number one digital company announced today the successful acquisition of the 4G license in...
UBL inaugurates state-of-the art ‘Branch of the Future’ in Karachi
Pakistan’s Best Bank 2016; inaugurated its first ‘Branch of the Future’in Karachi on 21 May 2017. Consistent with the bank’s progressive and...
SalamAir launches direct services between Pakistan, Oman
SalamAir, Oman’s first budget airline, has welcomed Sialkot and Multan to its fast-growing network of destinations. With one-way tickets starting at just...
Faysal Bank announces new CEO, board members
The chairman and board members of Faysal Bank Limited (FBL) are pleased to announce the appointment of Yousaf Hussain as Acting Chief...
Commerce ministry wants traders to reap potential FTA benefits
Faced with the dwindling exports for the fourth consecutive year in office, the Commerce Minister Khurram Dastgir has directed the commerce officials...
LCCI reacts to unending raids on business premises, demands immediate end
The Lahore Chamber of Commerce and Industry has strongly reacted against continued raids on business premises by the staff of the Federal...
Augere launches LTE services for corporate sector in 11 cities
Augere Pakistan becomes the first Pakistani company to deploy corporate LTE in 11 cities of Pakistan. Currently, LTE service is available to...
Passco procures 860,000MT of wheat
Pakistan Agriculture Storage and Services Corporation (Passco) has procured around 860,000 metric tons of wheat during the current campaign across the grain-producing...
Hydropower Training Institute construction starts in Mangla
Construction work on the Hydropower Training Institute (HPTI) has been initiated in Mangla on Monday by the Water and Power Development Authority...
SBP reduces refinancing rates for loans to 2pc for entrepreneurs
Lending rates for small medium enterprises (SMEs) have been revised by the State Bank of Pakistan to 4pc. This move would encourage...