Business
Business
Pakistan shelves plan to introduce single-stage sales tax
Islamabad: Pakistan has deferred a proposal to introduce a new single-stage sales tax regime, which would have lowered the standard sales…
Auto industry expects up to $5 billion investment
Karachi: Pakistan can attract investments of $4-5 billion over the next three to four years in the automobile industry, says Pakistan…
‘Fiat looking at Pakistan as next possible destination’
Islamabad: Italian Ambassador to Pakistan Stefano Pontecorvo has given some hope to Pakistan consumers, saying Fiat is viewing Pakistan as…
UAE refinery to pump $500m into Pakistan
Islamabad: Al-Motahaden Petroleum Refineries of the United Arab Emirates will invest $500 million in setting up an oil refinery in Pakistan…
July-November: Exports have another fall, trade deficit widens to $9.94b
Islamabad: Pakistan’s reliance on external borrowings is expected to grow further, as exports continued to disappoint in November, while pace of…
India, Iran discuss undersea gas pipeline bypassing Pakistan
A senior Iranian official said on Monday that negotiations are being held to build a $4.5 billion undersea gas pipeline…
Arif Habib Corp acquires 28% shares in Silkbank
The Arif Habib Corporation has acquired 28.23% shareholding in Silkbank, as par sotck exchange reports earlier yesterday. The conglomerate with…
IBA dean to step down by mid-2016
Karachi: Dr Ishrat Husain is going to step down as dean and director of the Institute of Business Administration (IBA), Karachi,…
Govt brokered deal through PM Nawaz’s close relative to sell PIA to Dubai rulers claims PPP senator
The government has brokered a deal through a close relative of Prime Minister Nawaz Sharif to sell Pakistan International Airlines…