Is Ernst & Young about to exit Pakistan?

Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...

Budget 2019-20: Salaried class to pay more taxes under PTI govt

Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.

Market Daily: KSE-100 plunges 758 points pre-election

KSE-100 index continued to slide, as was the case on Friday. The bears dragged down the market by 758 points to 40,464 level (down 1.84 per cent) as pre-election jitters engulfed the market.

PSX plummets 785 points as geopolitical tensions escalate

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed bloodshed on Tuesday, as the geopolitical tensions between India and Pakistan kept the market...

Money launderers deserve no concession, maintains PM

–PM reviews steps to counter money laundering, financial corruption –Six banks fined Rs 247m over fake bank accounts: SBP –Foreign remittances up by 12.5pc after govt...

FBR for AEO programme to boost trade

In order to remove the hurdles in cross-border trade, Federal Board of Revenue (FBR) has decided to make rules regarding the Authorised Economic Operator (AEO) programme.

Ali Jahangir Siddiqui in hot waters once again as NAB expands investigation

Azgard Nine Limited, JS Global, Swiss Bank Julius Baer and Securities and Exchange Commission all alleged in illegal remittances worth €23.75 million.

14 banks to remain open this weekend to facilitate Hajj applicants

In order to facilitate the aspiring pilgrims in depositing Hajj applications, the State Bank of Pakistan (SBP) has directed 14 designated banks...

A strong comeback: KIA launches Frontier K2700 pickup truck in Pakistan

In a short time, more KIA dealerships will be opening up across Pakistan, says KIA CEO

Oil and gas reserves to end after 10 years, reveals petroleum division

ISLAMABAD: Senate Standing Committee on Petroleum was informed on Thursday that the country’s existing oil reserves will see an end only after 10 years...

How to fix the Pakistani economy

Profit speaks to five of the nation’s top experts on what the government should do in order to get the economy humming again

The rupee is falling. Let it crash

Why letting the currency exchange rate fall may help fix some (but not all) of the structural flaws in the economy

Why Pakistan’s cotton value-chain has begun to atrophy

The industry blames a lack of government support, but capital appears to be shifting away from manufacturing, and the economics of growing other crops is better than that of cotton

Two startups willing to bet that more Pakistanis will buy their groceries online

Hum Mart and Mandi Express have both set up online stores that serve the Karachi market, but both are going about their business in a very different way

Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are selling on it anyway

The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles