Business

08/07/2017

KARACHI: State Bank of Pakistan (SBP) on Friday updated the formation of Directors on the board of the central bank....

NA committee on industries to oppose closure of EDB

08/07/2017

ISLAMABAD: National Assembly Standing Committee on Industries will oppose the decision of abolishing Engineering Development Board (EDB). “Closing down any...

Financial sector remains in a sound, stable state: SBP

KARACHI: The financial sector remains in a sound and stable state, says the State Bank of Pakistan (SBP) Financial Stability...

FIA arrests 3 human-trafficker

SIALKOT: Federal Investigation Agency (FIA) has arrested three alleged human-traffickers—Ansar Iqbal, Israel Ahmed and Muhammad Shabir. According to FIA Deputy...

SBP selects 11 banks as primary dealers for government securities during 2017/2018

KARACHI: State Bank of Pakistan (SBP) on Thursday nominated 11 banks as primary dealers of government securities i.e. Pakistan Investment...

Company registration with SECP grows by 34pc in 2016-2017

ISLAMABAD: The number of companies registered with Securities and Exchange Commission of Pakistan (SECP) during the fiscal year 2016-2017 was...

Dar vows to bring down Price of US dollar

ISLAMABAD: Finance Minister Mohammad Ishaq Dar on Thursday said that dollar price hike was a unique incident or accident of...

Tariq Bajwa appointed as new SBP governor

ISLAMABAD: The government has appointed Tariq Bajwa, a former civil servant, as the governor of State Bank of Pakistan (SBP)...

BOI to hold road show for expanding Pakistan’s FDI: Spokesman BOI

ISLAMABAD: The Board of Investment (BOI) has said the government would hold road-shows in Germany,China and United Arab Emirates (UAE)...

Traders meet CTO demand to end encroachments to ensure traffic flow

RAWALPINDI: City traders have expressed concern on ever increasing encroachments on roads and demanded of the City Traffic Police to...

President stresses consultation to strengthen tax collection

KARACHI: President Mamnoon Hussain has stressed the need for cooperation and consultation with the business community to strengthen tax collection...

Potential of furniture industry in Pakistan is enormous

KARACHI: The potential of furniture industry is stated to be quite enormous and the frequent holding of 'Interiors Pakistan' exhibition...

Human smuggler arrested

FAISALABAD: The FIA team has arrested an alleged human smuggler Shehzad Ahmad. According to the FIA officials, the accused had...

CPEC to increase employment, business activities

ISLAMABAD: Senior leader of Pakistan Muslim League Nawaz (PML-N), Mian Margoob Ahmed on Thursday said China Pakistan Economic Corridor (CPEC),...

Bangladesh frozen food exporters seek tax cut in upcoming budget

Govt’s decision of tax exemption on IT exports to promote industry

ISLAMABAD: The government’s decision of tax exemption on Information Technology exports will promote the industry. IT is an emerging sector...

Country witnesses 1.67% increase in petroleum production

ISLAMABAD: The petroleum production grew by 1.67 percent during 10 months of last fiscal year from July to April as...

Cotton yarn worth $1.134b exported in 11 months

ISLAMABAD: Cotton yarn worth US$ 1.134 billion exported during 11 months of last financial year (2016-17) as compared the exports...

President stresses liaison with business community to promote tax culture

ISLAMABAD: President Mamnoon Hussainhas stressed cooperation and consultation with business community in order to strengthen tax collection regime. Talking to...

Dar takes notice of hike in dollar rates