Pharma exports up 4.5pc in seven months

ISLAMABAD: The export of pharmaceutical goods from the country witnessed an increase of 4.49pc during the first seven months of the current...

1Q2020: Engro Fertilizers posts 86pc decline in profit

LAHORE: The Board of Directors of Engro Fertilizers Limited (EFERT) met on Monday to review the company's performance and announce its financial...

Lira sell-off poses no risk to Turkey’s banks, Finance Minister Albayrak says

The lira’s 42 percent drop this year has driven up the cost of servicing that debt and investors fear banks could be hit by a wave of rising bad loans.

No decision to approach the IMF yet, says Asad Umar

ISLAMABAD: While speaking on the floor of the Senate on Tuesday, Finance Minister Asad Umar said the government has not made a decision...

Dar directs FBR to incorporate tax proposals on urgent basis

The Finance Minister Ishaq Dar on Thursday asked the Federal Board of Revenue to incorporate tax proposals on urgent basis for the...

Stocks close lower as investors book profits

KARACHI: Pakistan Stock Exchange (PSX) endured a volatile session on Thursday, with the indices swaying both ways in search of a clear...

Telecom operators introduce new services to promote work from home

ISLAMABAD: All four telecom operators in the country have come forward with services facilitating work-from-home in the current circumstances owing to coronavirus...

Oil steady as virus fears counter positive factory data

LONDON: Oil prices steadied on Monday as rising COVID-19 cases around the globe and oversupply worries fuelled by the prospect of OPEC...

Stocks stay in green amid volatility

KARACHI: The Pakistan Stock Exchange (PSX) managed to close a volatile session on Tuesday in the green zone. The indices, which opened...

Market Daily: KSE-100 drops 201 points amid uncertain economic conditions

LAHORE: It was another dull day with low market participation. Indices swayed in both directions in the morning, but late selling forced...

Tobacco growers stand divided on implementation of advance tax

'Farmers that are influenced by illegal manufacturers are only making the advance tax issue a political game' ISLAMABAD: While a group of tobacco...

Business community demands withdrawal of withholding tax

LAHORE: Lahore Chamber of Commerce & Industry has demanded of the Federal Board of Revenue (FBR) to withdraw withholding tax on banking...

US, UK, China remain Pakistan’s top export destinations

The United States (US) has maintained its position as the top export destination for Pakistani products during the first five months of...

BOP rights share issue: Parliamentary panel drops investigation

Islamabad: The Parliamentary panel responsible for investigating into allegations of malpractice by the Bank of Punjab (BOP) in its right shares issue...

Premature to speculate on FATF decision, says minister

Economic Affairs Minister Hammad Azhar, who led the Pakistani delegation during the three-day talks with the Financial Action Task Force (FATF) in...