PBC asks PM to offer tax amnesty scheme to help bolster declining forex reserves
Islamabad: Pakistan Business Council (PBC) has requested the government to offer tax amnesty scheme for resident and non-resident Pakistani’s which could be...
Asian stocks stay stable after rally
Tokyo: Asian stocks steadied on Wednesday, taking a breather after the previous day's surge, lacking the momentum to keep up with a...
Commodities sizzle as global stocks touch five-week low
London: World stocks struggled at a 5-1/2-week low on Monday, though metals dazzled with zinc at its highest in a decade, copper...
FBR failed to take action against 330 individuals reported for money laundering
Islamabad: The State Bank of Pakistan’s Financial Monitoring Unit (FMU) last year had accused 330 people of having laundered money abroad, but...
Engro Corporation reports drop of 3pc in net earnings for April-June 2017
Karachi: In a notification sent to the bourse on Friday, Engro Corporation reported its earnings for the April-June 2017 quarter which ended...
SBP set to submit report next week on rupee’s depreciation
Karachi: A spokesman for State Bank of Pakistan (SBP), Abid Qamar on Friday disclosed that the committee setup to investigate the sudden...
Stockbrokers upset by seizure of bank accounts by FBR
Karachi: The Pakistan Stock Exchange Brokers Association has written separate letters to the Federal Board of Revenue and Security and Exchange Commission...
Govt dismisses plan of privatizing state-owned power distribution companies
Islamabad: According to sources, the federal government has dismissed plans for privatization of many govt-owned entities as the elections loom next year.
Earlier...
More than 50pc registered companies said not to have filed their income tax returns
Karachi: According to sources in the Federal Board of Revenue (FBR), more than 50pc of the companies registered with the tax authorities...
Oil prices claw up slightly amidst reported fall in US crude stocks
Singapore: Oil prices edged up on Thursday, clawing back some ground after losses in the previous session.
Traders said the market was range-bound...
Asian shares rise after overnight gains on Wall Street
Tokyo: Asian shares were mostly higher Thursday in narrow trading, tracking gains overnight on Wall Street. Japan's Nikkei 225 index slipped as...
Shell posts profits of Rs942.28m for April-June 2017
Karachi: In a notification sent to the bourse on Wednesday, Shell Pakistan announced its earnings for the quarter ended April-June 2017.
Shell Pakistan...
EFU life insurance reports profit of Rs773.8m for Jan-June 2017
Karachi: In a notification sent to the bourse on Wednesday, EFU Life Insurance Limited reported its earnings for the half-year ended on...
GSK Pakistan reports profits of Rs307.5m for Jan-June 2017
Karachi: In a notification sent to the bourse on Tuesday, GlaxoSmithKline Consumer Healthcare Pakistan Limited (GSKCH) reported its earnings for the half...
Fauji Foods keen on doubling its market share to 8pc in dairy sector says: Bloomberg
Lahore: A report compiled by Bloomberg says that Fauji Foods, a subsidiary of army-owned Fauji Foundation has shown a keen interest in...