No plan to pursue tax-related cases, NAB chief tells businessmen
KARACHI: National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal said on Thursday that there is a difference between tax evasion and money...
BankIslami posts Rs973m profit for 9M2019
The Board of Directors of BankIslami Pakistan Limited recently approved the bank’s unaudited financial results for the nine months ended September 30,...
‘Govt committed to reducing regulatory burden on businesses’
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razzak Dawood has said that the government was taking concrete measures to facilitate and address...
Coca-Cola appoints Fahad Ashraf as GM for Pakistan, Afghanistan
The Coca-Cola Export Corporation (Pakistan) has announced a new leadership appointment with Fahad Ashraf taking over as the new General Manager for...
US company mulls investing $100m in Gilgit-Baltistan
ISLAMABAD: A delegation of True North, a US-based investment company, has expressed its keen interest to invest in the tourism sector of Gilgit-Baltistan.
A...
Govt likely to lay off more than 30,000 employees before June 2020
ISLAMABAD: The government has been mulling to lay off more than 30,000 employees of some 20 state institutions before June 2020, apparently...
PSX lists Rs200bn energy Sukuk
ISLAMABAD: Pakistan Energy Sukuk-I (PES-I) issue of Rs200 billion got listed at the Pakistan Stock Exchange (PSX) on Thursday. PES-I is the largest...
India’s biggest airline reports $150m loss as costs surge
BENGALURU: India's biggest airline IndiGo reported a bigger loss in the September quarter, hurt by higher expenses and as the aviation industry grapples...
Bullish momentum prevails as index closes 322 points higher
KARACHI: Extending the rally from the previous session, the Pakistan Stock Exchange (PSX) closed on Thursday with decent gains.
Foreign investors turned once again...
Cement exports drop 14pc in first quarter FY20
ISLAMABAD: The export of cement during the first quarter of the current financial year (FY20) witnessed a decline of 13.94pc as compared...
Pakistan jumps 28 places in WB’s Ease of Doing Business Index
ISLAMABAD: Pakistan has jumped up 28 places on the World Bank's (WB) Ease of Doing Business Index, besides securing a place among the...
Zuckerberg open to scaling back Libra plan
WASHINGTON DC: Facebook chief executive Mark Zuckerberg opened the door on Wednesday to scaling back plans for its digital coin Libra if it...
‘Risk of contagion in India’s financial sector rising’
MUMBAI: There is a rising risk of contagion in India’s banking sector with many finance companies having lost more than half of...
German companies invited to invest in Pakistan
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday invited the German investors to invest in the export-oriented industries so...
Pakistan committed to achieving all FATF targets by next year: minister
ISLAMABAD: Economic Affairs Minister Hammad Azhar said on Wednesday that Pakistan was committed to completing all the points in the action plan...