Business

ISLAMABAD: Terming Pakistan's tax to GDP ratio of 9.8 percent as lowest in the region, the speakers here at a...

Scholar: Prevailing banking system unjust, lacks social responsibility

ISLAMABAD: Prevailing conventional banking was unjust and exploitative due to lack of social responsibility and it has become a tool...

Call for Pak-China collaboration in fruit sector

LAHORE: Pakistan and China can collaborate to initiate fruit quality enhancement centers, fruit processing units, dehydration plants and cold storage...

Chief Minister Shahbaz orders crackdown against sale of ‘haram meat’

LAHORE: Punjab Chief Minister Shahbaz Sharif Tuesday ordered a vigorous crackdown to check the sale of hazardous and ‘Haram’ meat...

Malaysia can grab Pakistan’s palm oil market again by lowering price

KARACHI: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Atif Ikram Sheikh has asked the Malaysian palm oil exporters to regain the...

Pakistan earns $4.637 billion by exporting coarse rice

ISLAMABAD: Pakistan has earned $4.637 billion approximately by exporting good quality of coarse rice during the year from 2010-11 to...

Govt to protect rights of DISCOs’ employees: Khawaja Asif

ISLAMABAD: Federal Minister for Water and Power, Khawaja Muhammad Asif on Tuesday assured the All Pakistan WAPDA Hydro Electric Workers...

Balochistan asks centre to enhance its share in PSDP

ISLAMABAD: Balochistan has asked the centre to increase its share in Public Sector Development Programme (PSDP) in the upcoming budget...

Rural areas facing 11-hour loadshedding as shortfall reaches 4700MW

ISLAMABAD: National Transmission And Dispatch Company Limited (NTDC) has said that the country’s total power shortfall has reached 4700MW. According...

Import of used cars hampering local industry

LAHORE: The continuous import of used cars is hindering the growth in sale of locally manufactured vehicles as the local...

$60m revenue expected: Mango export target up by 10% to 0.1m tonne

KARACHI: The government has increased mango export target by 10 per cent to 0.1 million tonne and announced to start...

NIT receives Rs3.9b subscription to Islamic Equity Fund in pre-IPO period

KARACHI: The National Investment Trust (NIT), the country’s largest Asset Management Company (AMC) with Rs96 billion under management, has received...

Dar highlights economic developments in 6th EAC meeting

ISLAMABAD: Federal Finance Minister Ishaq Dar, presiding over the 6th meeting of the Economic Advisory Council (EAC), presented a brief...

FDI falls 8% to $824m in July-April

KARACHI: The country witnessed decline in foreign direct investment (FDI), which fell by eight per cent to $824 million during...

Govt to allocate Rs250b for CPEC in upcoming budget

LAHORE: Federal Minister for Planning and Development Ahrsan Iqbal has said that the government will allocate Rs250 billion for fast...

SECP says mutual funds can invest in REITs

ISLAMABAD: The Securities and Exchange Commission of Pakistan, through a circular, has clarified to the Asset Management Companies (AMCs) that equity...

No change in CPEC route, to pass through all provinces: Ahsan Iqbal

ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal has reiterated that there is no change in the route...

Floods economic impact estimated between $1.2b and $1.8b

18/05/2015

ISLAMABAD: A World Bank report, prepared with the help of National Disaster Management Authority, Finance Ministry, Securities and Exchange Commission...

ADB gives Pakistan $65m for power project