Mercantile Pacific appointed as Apple’s authorised distributor for Pakistan
Apple has appointed Mercantile Pacific, Singapore, one of the leading global mobile phone distribution companies, as a regional distributor for Pakistan and...
FBR extends deadline to file income tax returns
The Federal Board of Revenue (FBR) on Thursday extended the deadline for filing of income tax returns for the tax year 2019...
Zaidi content with October tax figures
The Federal Board of Revenue (FBR) collected Rs320 billion in taxes during the month of October, a 16 per cent increase in...
KSE-100 gains 442 points as traders end protest
KARACHI:Â The Pakistan Stock Exchange (PSX) marched north on Thursday, a day after traders called off their protest against the government's taxation measures.
On...
Banking sector profits surge 48pc in 9M2019
Banking sector profitability rose to Rs45.5 billion in the third quarter of 2019, up 48pc when compared with the same period last...
Samsung Electronics third-quarter net profit slumps 52pc
Samsung Electronics, the world's largest smartphone and memory chip maker, saw net profits slump by more than half in the third quarter,...
China rolls out 5G services in race to narrow tech gap
BEIJING: China's three major state telecom operators rolled out 5G wireless technology Thursday, as the country races to narrow its technology gap...
Pakistanis lost millions of dollars in OneCoin scam
Pakistanis have been a victim to the world's biggest crypto-scam that jolted the digital scene this year.
According to a private media outlet,...
SECP warns public against investing in FS Links
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) on Wednesday warned the public against investing in "FS Links (SMC-Private) Limited", which had...
Govt lifts ban on new CNG connections
ISLAMABAD:Â In a decision that could give a new life to the Compressed Natural Gas (CNG) sector, the government has lifted the ban...
World Bank president to arrive in Islamabad tomorrow
World Bank President David Malpass is scheduled to arrive in Pakistan on a two-day visit tomorrow (Thursday).
As per media reports, David Malpass...
Conspiracies being hatched to shelve North-South Gas Pipeline Project
ISLAMABAD: Influential people saddled in the Ministry of Petroleum and its subsidiaries have started hatching conspiracies to shelve the North-South Gas Pipeline...
ECC approves release of 650,000 tonnes wheat to KP, Sindh and Balochistan
ISLAMABAD: The Economic Coordination Committee (ECC) has given a go-ahead for the release of 650,000 tonnes of wheat from PASSCO stocks to...
Amazon pumps in more than $600m into India units
BENGALURU: Amazon.com Inc has invested around Rs45 billion ($634.20 million) into its Indian subsidiaries as the Seattle-based e-commerce giant ramps up operations...
Lucky Cement posts Rs1.27bn net profit for Q1FY20
On a consolidated basis, Lucky Cement Limited reported a net profit after tax of Rs1.27 billion after taking out Rs0.25 billion attributable...