Business
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Overseas Pakistanis in UAE, KSA send all-time record remittances of $19.9b
ISLAMABAD: Overseas Pakistanis living in the UAE and Saudi Arabia sent all-time record remittances to home topping $19.9 billion that...
Petroleum group imports decrease by 35.51% in 2015-16
ISLAMABAD: Petroleum group import into the country witnessed 35.51 percent decline during financial year 2015-16 as compared to the import...
ADB, Punjab govt agree to promote public-private ventures in social sectors
LAHORE: Asian Development Bank (ADB) and Punjab government have agreed to enhance public private partnership opportunities in infrastructure and social...
Ahsan says Gwadar Airport, Expressway groundbreaking this year
ISLAMABAD: Federal Minister for Planning Development and Reform Ahsan Iqbal has said that the groundbreaking of Gwadar International Airport and...
SECP imposes supervisory fee on listed firms
ISLAMABAD: The SECP has imposed supervisory fee on all the companies listed on Pakistan Stock Exchange (PSX). It is applicable...
Anusha nominated as Broadband Commissioner
ISLAMABAD: Minister of State for Information and Technology Anusha Rehman has been nominated by International Telecommunication Union (ITU) as Commissioner...
Life insurance companies’ profit increased by 28.5% in Q1
KARACHI: Life insurance companies operating in the private sector earned a net profit of Rs798.6 million in the first quarter...
Dar review macroeconomic situation of Pakistan
ISLAMABAD: Federal Finance Minister Senator Mohammad Ishaq Dar Saturday reviewed the macroeconomic situation of the country with special reference to...
Brexit won’t impact on Pak-UK trade ties: Dy High Commissioner
LAHORE: Deputy High Commissioner of UK Belinda Lewis Saturday said that political changes after Brexit poll would never impact on...
FY2015-16: Govt took $9.3 billion foreign loans
ISLAMABAD: The government took huge loans of $9.3 billion in fiscal year 2015-16 from the international financial institutions and countries....
ANF lauded for ‘eliminating’ menace of narcotics
KARACHI: Sindh Governor Ishratul Ebad has lauded the Anti-Narcotics Force (ANF) for its efforts to eliminate the menace of narcotics...
Cement exports declined by 18% to 5.8m tonnes in FY15-16
KARACHI: Cement export from the country decreased by 18 per cent to 5.8 million tonnes in fiscal year 2015-16 against...
PIA to launch premier service on Independence Day
ISLAMABAD: In a bid to improve its services, the Pakistan International Airlines (PIA) has decided to launch premier service on...
Weekly inflation up by 0.25%
ISLAMABAD: The weekly inflation witnessed an increase of 0.25 per cent for the week ended on July 21, for the...
Minister informs Senate about tax collection from telecom sector
ISLAMABAD: Federal Minister for Law and Justice Zahid Hamid Friday informed Senate that different taxes were collected from the subscribers...
Textile millers laud govt for imposing duty on yarn imports
KARACHI: Textile millers have lauded the government’s decision of imposing regulatory duty on cotton yarn imports to protect the local...
Current account deficit narrows to $2.525 billion in 2015-16
KARACHI: The country’s current account deficit slightly narrowed 6.79 percent to $2.525 billion in the last fiscal year of 2015-16,...
Balochistan to give 3,000 acre land for expansion of Gwadar Industrial Zone
QUETTA: The Balochistan government would provide 3,000 acre of land for expansion of Gwadar Industrial Zone in order to make...
Banking deposits of retailers, wholesalers fall by 7% to Rs 99.15b in 2015-16
KARACHI: Bank deposits by retailers and wholesalers decreased by seven percent in the last fiscal year as the withholding tax...
FY 2015-16: Import of used cars increases by 67% to 53,600 units
KARACHI: The import of used cars into the country increased by 67 per cent to 53,600 units worth around Rs75...
