A bank sold for just Rs1,000. Does it make any sense?
Profit demystifies the controversy over the sale of KASB Bank
Engro poised to set up first Pak merchant LNG terminal
The $500 million joint venture with Shell, Gunvor, and Fatima Group will allow Engro to import, regasify and sell liquified natural gas without the need for government contracts.
Why should Suzuki improve models, if people continue to patronise?
Hirofumi Nagao, former Pak Suzuki CEO having served the last of his third stint in Pakistan, fires a shot across the bow for new entrants: ‘Talk is cheap, in practice competing is difficult’.
Affluent businesses enjoyed tax exemptions worth Rs540bn
The federal government has given Rs540 billion worth tax exemptions to affluent businesses during the current fiscal year, economic survey documents reveal.
Govt to increase duties on 7,000 imported items, gradual elimination of super tax
Finance bill documents indicate that Federal Board of Revenue (FBR) has suggested decreasing the advance tax on banking transaction for non-filers by 0.4 per cent permanently.
Budget FY 2018-19: Govt slashes customs duty to 25 percent on import of electric cars
Imported electric vehicles also to be exempted from 15 percent regulatory duty
Budget 2018-19: An unsurprising Rs5.9tr populist budget
ISLAMABAD:Â Despite strong objection by opposition parties in the National Assembly (NA), the federal government on Friday presented the record 6th budget for...
Budget 2018-19: Govt to bag Rs1,118 billion as external loans, grants
In the 2018-2019 budget, the government of Pakistan with its aim and objective to ‘promote economic and social development’ eyes to bag Rs1,118 billion from various lending agencies and countries.
Budget 2018-19: Govt allocates Rs 802 million for Climate Change Division
According to budgetary documents, total Rs802.69 million is earmarked for Climate Change Division. Out of the total amount, Rs766.69 million is for ongoing schemes and projects, meanwhile, Rs36 million has been allocated for new schemes during FY 2018-19.
Budget 2018-19: Pakistan Nuclear Regulatory Authority to receive Rs300mn
The government has earmarked Rs300 million for two ongoing and one new project of Pakistan Nuclear Regulatory Authority (PNRA) for the fiscal year 2018-19 under the Public Sector Development Programme (PSDP).
Budget 2018-19: Govt earmarks Rs72,255mn for power division projects
According to the budgetary documents, an amount of Rs65,099.054 million has been earmarked for 47 ongoing hydel projects while Rs7,156 million have been assigned for 18 new schemes under the PSDP 2018-19.
Budget 2018-19: Government presents Rs2043 billion total PSDP for FY 2018-19
The PSDP size including PPP mode financing has increased from Rs1,001 billion in 2017-18 to Rs1030 billion in year 2018-19 which shows an increase of 3 percent
Economic Survey 2017-18: Foreign investors divested securities worth $123.9 million
Capital market exhibited signs of volatility during the period of July-March of FY 2017-18
Federal government likely to present estimated budget of Rs5.5 trillion
According to reliable sources, the total outlay of the budget of next financial is likely to be Rs5.5 trillion as against Rs4.75 trillion for the outgoing year.
Economic Survey 2017-18: Net debt increased 61.4pc
Adviser to the Prime Minister on Finance Miftah Ismail, Thursday, said that Pakistan’s net debt has increased from 60.2 per cent to 61.4 per cent while liquid forex reserves have declined by $4.5 billion.