Profit E-magazine Issue 82



Additional Rs209 billion collected in first 5 months: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) says it collected additional Rs209 billion during the first five months of this fiscal year...

Malaysian minister assures full cooperation to promote bilateral trade

KARACHI: Malaysian Minister for Primary Industries Teresa Kok Suh Sim has assured the Pakistani business community of all possible cooperation for the...

Two-thirds of Americans support wealth tax on very rich

WASHINGTON: The idea of imposing a wealth tax on the richest Americans has got sharply divergent views across a spectrum of politicians, with...

Tight monetary policy will reduce inflation: SBP governor  

KARACHI: State Bank of Pakistan (SBP) Governor Reza Baqir has said that the current tight monetary policy stance is appropriate to help...

Six-month remittances hit $11.394bn in July-December

KARACHI: The State Bank of Pakistan has reported that remittances from overseas Pakistani workers jacked up 3.31 percent to $11.394 billion in...

Dettol advocates hygiene, cleanliness to masses

Dettol, world’s number 1 antibacterial brand, has launched a catchy ‘Safai Anthem’ which spreads the much-needed awareness about basic hygiene and cleanliness in the...

PM, traders to discuss tax matters on 20th

ISLAMABAD: Prime Minister Imran Khan will hold an important meeting with the All Pakistan Traders Association (APTA) at the Prime Minister House on...

‘No friction between FBR chief and PM, finance adviser’

ISLAMABAD: A spokesperson of the Federal Board of Revenue (FBR) on Saturday rejected reports that the tax watchdog’s chief, Shabbar Zaidi, was not...

SBP may revise policy rate downwards by end-Jan, claims govt’s finance team

ISLAMABAD:The government's economic team has informed the federal cabinet that the policy rate, which is currently at 13.25pc, may witness a downward...

Pakistan misses cotton bales target by 7m in 2019

LAHORE: Pakistan, once the proud home to world's best cotton, has missed its 2019 target of producing 15 million cotton bales by...

India’s slowing economy leads to record drop in car sales

NEW DELHI: Car sales in India fell by a record 19pc last year as a slowing economy made consumers reluctant to spend on...

K-Electric’s online fuel cost adjustment calculator goes live

K-Electric (KE) has launched a Fuel Cost Adjustment (FCA) calculator on its website, which will allow consumers to calculate the impact on...

With ML-I signed, CPEC investment portfolio touches $50bn

ISLAMABAD: With the approval of Mainline-I (ML-I) Railway Project, the total cost of projects under the China-Pakistan Economic Corridor (CPEC) has surged...

FPCCI demands cut in mark-up rate

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday urged the government to reduce mark-up rate in the country...