Company registrations with SECP surge 41pc in July
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) had registered 1,525 new companies in the month of July 2019.
As compared to the...
Pakistan becomes world’s 4th fastest-growing freelance market
ISLAMABAD: Pakistan has been ranked as the 4th fastest growing freelance market with 47pc growth in freelance earnings during the second quarter...
India Inc grows impatient as economy dips and Modi is distracted
When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-time highs as investors...
FBR seeks Pakistanis’ Iqama details from UAE
Tax authorities have sought details from the United Arab Emirates (UAE) of Pakistanis who have obtained Iqama (work permit) from the Arab...
NAB not to pursue income, sales tax cases against business community
National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal has announced that the bureau will not pursue cases pertaining to income tax...
China to levy new tariffs on $75bn worth of US imports
BEIJING: China announced Friday it will hit US imports worth $75 billion with new tariffs as retaliation for Washington's planned tariff hikes, further...
BoP sees 13pc growth in pre-tax profit
LAHORE: A meeting of The Bank of Punjab (BoP) Board of Directors was held on Friday to consider and approve the unaudited...
Export of raw cotton increases 99.6pc in July
ISLAMABAD: The export of raw cotton from the country in the first month of the current financial year (July FY20) witnessed an...
KSE-100 drops 534 points amid FATF confusions
KARACHI: The Pakistan Stock Exchange (PSX) was surrounded by dark clouds on the last trading session of the week, as investor sentiments...
India proposes ban on e-cigarettes, with jail terms for offenders
NEW DELHI: India’s health ministry has proposed a ban on the production and import of electronic cigarettes, documents seen by Reuters showed,...
PIA hikes UAE fares
Pakistan International Airline (PIA) has increased fares up to Rs6,000 for two sectors of Middle East – Dubai and Abu Dhabi, a...
SBP reserves fall $26m to 8.23bn
ISLAMABAD: The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $26 million to $8.238 billion, the data released...
Auto industry plunges into deep crisis
'An increase in advance customs duty on all raw materials and imposition of up to 7.5pc FED proving deadly for the...
Textile exports increase 3.12pc in July
ISLAMABAD: The textile exports from the country witnessed an increase of 3.12pc during the first month of the current financial year (July-FY20) as...
SMEDA to set up 1,000 stitching units
SIALKOT: The Small and Medium Enterprises Development Authority (SMEDA) has decided to establish 1,000 stitching units in industrial cities of the country,...