KSE-100 gains 883 points in week, reaches 17-month high
The Pakistan Stock Exchange (PSX) witnessed an overall spike in its gains as local and foreign investors rampaged across the market to...
Remittances up 3.3pc to $11.4bn in first half of FY20
KARACHI: Overseas Pakistani workers remitted $11,394.91 million in the first half (July to December) of the fiscal year 2019-20 (FY20), an increase of...
Textile exporters perturbed as cargo transporters strike enters sixth day
FAISALABAD: Textile exporters are perturbed as cargo transporters strike entered 6th day on Saturday.
Textile exporters said that their business and exports orders...
Punjab Green Development Programme ‘moderately unsatisfactory’: WB
ISLAMABAD: The World Bank has downgraded the $200-million Punjab Green Development Programme to "moderately unsatisfactory" as Punjab Chief Minister Usman Buzdar-led government...
Transporters’ strike to end soon as talks underway: Dawood
KARACHI: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Saturday that talks were underway with the protesting goods' transporters and...
FBR finds about 10,000 people involved in tax evasion, money laundering
ISLAMABAD: The Federal Board of Revenue (FBR) has found about 10,000 people allegedly involved in tax evasion and money laundering.
The bureau is...
SECP launches one-stop-shop in Balochistan, Khyber Pakhtunkhwa
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will extend its one-stop Shop (OSS) facility for company registration to Balochistan and...
10 banks sign deal to create Pakistan Corporate Restructuring Company
KARACHI: In a bid to revive sick industrial units,10 banks of the country signed an agreement to establish Pakistan Corporate Restructuring Company...
ICI Pakistan starts commercial production of Morinaga infant
KARACHI: The ICI Pakistan Limited has announced that its subsidiary NutriCo Morinaga Private Limited has commenced commercial production of infant formula products...
Govt to accelerate work on CPEC projects in 2020
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar has said that the pace of projects under the China Pakistan...
Bank Alfalah clinches Best Bank Award for 2019
KARACHI: Bank Alfalah clinched the Best Bank Award for 2019 at the 4th Pakistan Banking Awards ceremony held in Karachi the other...
Horticulture exporters fear huge losses as transporters’ strike continues
ISLAMABAD: As the transporters’ strike continues, horticulture exporters fear that they may face huge losses as perishable items in containers stuck at various...
As US election heats up, investors brace for volatility
NEW YORK: A US stock market that has weathered trade wars, weak corporate earnings, and now a US-Iran conflict to continually hit...
Tobacco industry caused Rs153bn loss in three years
ISLAMABAD: The country's tobacco industry caused a whopping Rs153 billion loss to the national exchequer from 2016 to 2019.
This was informed by Campaign...
Oil pares losses on fresh Mideast tensions
HOUSTON: Brent crude prices steadied on Friday, paring earlier losses as Middle East tensions erupted again after the United States added new...