Tencent-backed Kuaishou Tech coming to Pakistan
KARACHI: With Sensor Tower ranking SnackVideo in the top ten Google Play Store apps in the “Video Players & Editors” for Pakistan...
Cement despatches up 15.6pc in H1FY21
Total despatches during July-Dec period clocked in at 28.6m tonnes as compared to 24.7m tonnes in 1HFY20
NAB chief orders closure of all under-invoicing, customs, income tax cases
National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal has issued "instant orders" to close all cases of under invoicing, income/sales tax,...
Hyundai Pakistan vows to boost production by 100pc in Q1CY21
LAHORE: Hyundai Pakistan is likely to boost its production by 100 per cent in the first quarter of the calendar year 2021 (Q1C21).
According...
Tax reforms in tobacco sector imperative for revenue growth: SDPI
ISLAMABAD: Pakistan has relatively low taxes on cigarettes, which not only sabotages authorities' efforts of curbing the habit of smoking, but also...
Hafeez Shaikh directs PC to present all privatisation plans within one week
ISLAMABAD: Finance and Revenue Minister Dr Abdul Hafeez Shaikh has directed the Privatization Commission to present the privatization/management contracts plan of all...
FBR appoints focal person to resolve cases worth Rs647bn in Sindh
ISLAMABAD: The Federal Board of Revenue (FBR) has appointed a focal person for early resolution of 5,160 cases worth Rs647 billion lying...
Cabinet likely to assign additional charge of AEDB CEO tomorrow
ISLAMABAD: The federal cabinet is likely to assign the additional responsibility of chief executive officer of Alternative Energy Development Board (AEDB) to an...
PTCL awarded Rs3bn contracts to provide connectivity to interior Sindh
ISLAMABAD: The Universal Service Fund (USF) has awarded contracts for two Optic Fiber Cable (OFC) projects, worth approximately Rs3 billion, to Pakistan Telecommunication...
Bank of Punjab, NCMCL join hands for EWR project to support farmers against storage of agri commodities
KARACHI: The Bank of Punjab (BoP) and Naymat Collateral Management Limited (NCMCL) have signed a memorandum of understanding (MoU) for the development...
It’s official: IKEA is not coming to Pakistan
ISLAMABAD: Refuting what the Pakistan's ambassador in Germany claimed about IKEA "entering the Pakistani market", the company on Monday officially confirmed to Profit...
Google employees form workers’ union in United States
More than 200 Google employees in the United States have formed a workers’ union, the elected leaders of the union wrote in...
Provinces directed to check hoarding, black marketing of essential commodities
ISLAMABAD: Finance and Revenue Minister Dr Abdul Hafeez Shaikh, while chairing a meeting of the National Price Monitoring Committee (NPMC) on Monday,...
HBL joins forces with NCMCL for development of Electronic Warehouse Receipt Ecosystems
KARACHI: Naymat Collateral Management Company Ltd (NCMCL), Pakistan’s first collateral management company, has joined forces with HBL for the development of Electronic Warehouse...
Stocks extend rally with 251-point gain
KARACHI: The Pakistan Stock Exchange (PSX) continued to head north on Monday, with the indices accumulating gains all day long amid improved...