Business
Business
Public sector companies: Masses demand transparency in national assets
Tales of poor service delivery, weak governance and financial mismanagement in public sector companies (PSCs) are doing the rounds in…
Volvo all set to re-enter Pakistan market
The latest development on the transport scene is the decision of Europe’s leading bus manufacturing company Volvo to re-enter the Pakistani market.…
Orix Leasing buys majority shares of Standard Chartered Leasing
Orix Leasing Pakistan is set to acquire majority shareholding in Standard Chartered Leasing by paying its major stakeholder Rs7.88 per…
“Currency swap deal not benefitting Pakistan”: PCJCCI president
The Pak-China Joint Chamber of Commerce and Industry (PCJCCI) President Shah Faisal Afridi emphasized the benefits of the currency swap…
HBL Asset Management gobbles up PICIC Asset Management
The asset management subsidiary of Habib Bank (HBL) has acquired 100% shares in PICIC Asset Management, a stock filing stated…
More loans: Tax evasion increases foreign loan burden, claims PM’s aide
"A 100% penalty would be imposed on the non-filers of tax returns who fail to avail themselves of the tax…
‘IT park to improve trade between Pakistan, S. Korea’: Korean Ambassador
"South Korea wants to improve trade ties with Pakistan and the establishment of an IT park in Islamabad is a…
Govt tries its level best to defend its policy on PIA, petroleum prices
The federal government earlier yesterday did not entertain any proposal of the opposition and defended the controversial process of privatisation…
Summit Bank issues 700.6m new shares for Suroor Investments:
Summit Bank has issued 700.6 million new shares at the rate of Rs10 each to its major sponsor ‘by way…