Govt urged to ban import of non-essential items KARACHI: President of United Business Group (UBG) Zubair F Tufail has said that after the government lifted the ban... Published 26 Apr, 2023 06:15am
Business & Finance Pak Suzuki Motor Company records highest ever quarterly loss of Rs12.9bn Experts attribute loss to plunge in sales and currency depreciation Published 18 Apr, 2023 03:39pm
Print Import of spare-parts: Hubco concerned at forex ‘unavailability’ The power company faces severe challenges in importing spare parts due to which it is restrained from undertaking timely maintenance to ensure capacity Updated 18 Apr, 2023 09:05am
Business & Finance PRGMEA opposes govt’s decision of too many holidays on Eid LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Central Chairman Mubashar... Published 15 Apr, 2023 06:19am
Business & Finance Realisation of export proceeds: Towel manufacturers criticise SBP circular KARACHI: Syed Usman Ali, Senior Vice Chairman of Towel Manufacturers Association of Pakistan has expressed deep... Published 13 Apr, 2023 06:37am
Business & Finance Economic indicators have set off alarm bells: HCCI HYDERABAD: President Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Ahmed Siddiqui has said economic... Published 12 Apr, 2023 06:11am
Business & Finance Inflation to remain high despite policy rate hike: analyst KARACHI: The State Bank of Pakistan’s (SBP) decision to increase key policy rate by 100 basis points to a record... Published 10 Apr, 2023 06:45am
Print IPPs’ plea to govt: ‘Either resolve LC issues or declare force majeure’ Power Division requested to take up immediate measures to resolve this matter Updated 08 Apr, 2023 09:15pm
Editorials Import curbs exacting terrible toll on businesses EDITORIAL: The economic growth outlook is getting bleaker. Both the World Bank and the Asian Development Bank have... Published 07 Apr, 2023 06:06am
Print Textile industry to be backed for achieving export-led growth: Dar ISLAMABAD: Finance Minister Ishaq Dar Tuesday said the government is committed to providing maximum support to the... Updated 05 Apr, 2023 08:55am
Business & Finance Policy rate hike won’t help tame inflation: expert KARACHI: Historic jump by State Bank of Pakistan (SBP), jacking up key policy rate by 100 basis points to a record... Published 05 Apr, 2023 06:16am
Print Solarisation of PM House, MPO: 10pc of bid price: one-time adjustment approved by AEDB ISLAMABAD: The Board of Alternative Energy Development Board (AEDB) has accorded ex-post facto approval to a ... Updated 05 Apr, 2023 08:54am
Business & Finance Documented steel sector: PM urged to ‘rationalise’ turnover tax rate ISLAMABAD: The documented steel sector has strongly recommended Prime Minister Shehbaz Sharif to rationalise ... Published 05 Apr, 2023 06:16am
Print Budget proposals presented: Steel melting sector highlights challenges LAHORE: The country’s steel melting industry is in a state of extreme distress as the banking sector remains... Updated 03 Apr, 2023 08:41am
Business & Finance PHMA urges FBR to expedite disbursement of sales tax refunds LAHORE: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Saturday asked the Federal Board of... Published 02 Apr, 2023 03:02am
Business & Finance Textile exports may fall by $3bn this year, warns APTMA Says additional capacity remains nonoperational due to forex issues and the unavailability of energy Updated 01 Apr, 2023 05:47pm
Business & Finance Honda Atlas extends plant shutdown till 15th KARACHI: Honda Atlas Cars (Pakistan) Limited has announced the extension in the shutdown of its production plant for... Published 01 Apr, 2023 06:21am
Business & Finance Feb: 2.35m mobile phones manufactured locally; 0.19m imported ISLAMABAD: Local manufacturing plants have manufactured/assembled 2.35 million mobile handsets during February 2023... Published 31 Mar, 2023 06:45am
Print IMF’s ingenious approach the only hurdle to bailout Minister of State for Finance Dr Aisha Ghaus-Pasha says the fund wants to independently verify commitments from friendly countries Updated 30 Mar, 2023 09:27am
Technology USF/ R&D contributions: CMOs demand two-year moratorium ISLAMABAD: The Cellular Mobile Operators (CMOs) have demanded moratorium on Universal Service Fund (USF)/ R&D... Published 30 Mar, 2023 06:35am
Print Remittances: APL says can invoke force majeure ISLAMABAD: M/s Atlas Power Limited (APL) has warned the government that it would announce force majeure under the... Updated 29 Mar, 2023 09:03am
Opinion The economic malaise Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term ... Updated 28 Mar, 2023 06:52am
Business & Finance PSMA calls for changes in tax rates for scrap dealers LAHORE: The Pakistan Steel Melters Association (PSMA) on Sunday said that withholding tax on supply of scrap should... Published 27 Mar, 2023 06:38am
Print Ogra discusses exchange rate adjustment mechanism with OMCs ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) convened a meeting with the oil marketing companies (OMCs) on... Published 25 Mar, 2023 06:25am
Business & Finance 50pc information & telecom sector exports undocumented: Ministry ISLAMABAD: The Ministry of Information Technology and Telecommunication, on Friday, revealed that of the total $5... Published 25 Mar, 2023 06:25am
Business & Finance Industry intimated: No non-budgeted subsidy on sugar export: MoF ISLAMABAD: The Ministry of Finance (MoF) has conveyed to the country’s sugar industry that no non-budgeted subsidy... Published 23 Mar, 2023 05:47am
Business & Finance LCCI calls for raw materials import policy LAHORE: Lahore Chamber of Commerce and Industry on Tuesday urged the government to issue policy on import of raw... Published 22 Mar, 2023 06:24am
Business & Finance Steel industry: FBR asked to introduce interim tax relief measures ISLAMABAD: The steel industry has asked the Federal Board of Revenue (FBR) to urgently introduce interim tax relief... Published 21 Mar, 2023 07:29am
Opinion Falling exports and imports The February figures of exports, imports and balance of trade have just been released. They tell a story of extreme... Updated 21 Mar, 2023 07:01am
Print PPIB gives TCB-1 three more months for financial close ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has granted three months (till December 31, 2023)... Updated 21 Mar, 2023 08:57am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?