Business
Business
Ending stagnation: PIA looking to steer itself
The Pakistan International Airlines (PIA) appears to be coming out of years of stagnation, as it recorded an operational loss of…
Trade deficit shrinks by 8.4% to $3.8 billion
Raising fears of a gradually slowing economy, the latest figures reveal that the trade deficit has contracted 8.4%, with exports…
Pakistan set to sign 40-year lease for Gwadar port with Chinese company: officials
Karachi: Pakistan is set to sign a 40-year-lease with a Chinese company to develop a massive special economic zone in the…
Corruption charges: NAB arrests CEO of CSIBL, MDCL
The National Accountability Bureau (NAB) has arrested chief executive officer of Magrib Development Corporation and Crescent Standard Investment for misuse…
Telecom: Pakistan to have 40 million smartphones by year end next year
There might be as many as 40 million smartphones in Pakistan by December 2016, according to market estimates, based on…
APAT also calls for strike against 0.6% withholding tax
All Pakistan Anjuman-i-Tajiran (APAT) also called for countrywide strike against imposition of 0.6 per cent withholding tax on banking transactions of…
Withholding tax: Traders/businessmen observe strike today
Traders and business community are observing a nation wide complete shutter down strike, halting business activities today (Wednesday) against the…
Government refuses approval of spot LNG purchase
The federal government has refused to give its stamp of approval to spot purchase of liquefied natural gas (LNG) from…
Severe milk shortage in Karachi
A severe milk shortage has emerged in Pakistan’s financial hub as dairy shops in the city have closed over disagreements…