Business

Business

Gwadar’s free trade zone: Pakistan to hand over almost 3000 acres to China

The Pakistani authorities will formally hand over 2,281 acres of Gwadar Port’s free trade zone to the Chinese Oversees Ports…

3 Min Read

Pakistan’s lower 40% to be badly affected by 2030

The effect of prolonged climate change is more severe than anticipated. In fact the latest World Bank report says that…

5 Min Read

Moody’s report: International bonds weaken Pakistan’s debt affordability

Islamabad: Pakistan’s debt affordability has weakened after it shifted to non-conventional loans by issuing $3.5 billion worth of international bonds, increasing…

5 Min Read

500 strong: Meezan Bank takes over HSBC’s operations

Meezan Bank has acquired HSBC Bank Oman operations in Pakistan, a stock filing report stated earlier yesterday. Owned 51% by…

3 Min Read

Brokerage house sold for for Rs. 213.4m

The lnvest & Finance Securities (IFS) brokerage house has been sold for Rs. 213,4m. One of the few listed brokerage…

4 Min Read

$6.2b package: IMF sets deadline for applying new taxes

"Pakistan will have to make around Rs40 billion in additional tax measures in the next two weeks," the chief of…

6 Min Read

Pakistan agrees to raise billions in new taxes

 In order to secure the next $502 million loan tranche from the International Monetary Fund (IMF), Pakistan has agreed in…

5 Min Read

“Pakistan’s GSP + status under threat, says EU

Islamabad: The suspension of the GSP Plus status of Pakistan cannot be ruled out if the South Asian nation fails…

4 Min Read

Fauji Fertilizer Company all set to launch in Tanzania

Fauji Fertilizer Company (FFC) announced that it is going to invest in a joint venture operation to set up a…

3 Min Read