Business
Business
China’s Alibaba Q1 revenue leaps 59%, best since IPO
Chinese e-commerce giant Alibaba saw revenues leap 59 percent year-on-year for the quarter ended in June, it said Thursday, its…
MCB announces half year financial performance
The Board of Directors of MCB Bank Limited on August 10, 2016 to review the performance of the Bank and…
FBR’s tax collection soars to over Rs 3130b this year
Federal Board of Revenue (FBR) collected more than Rs 3,130 billion in the financial year 2015-16 as per figures consolidated…
Walmart to buy US online retailer Jet.com for $3.3 bln
Walmart Stores announced Monday that it will acquire e-commerce company Jet.com for $3.3 billion as it beefs up its online…
Pakistan’s trade share in Global market likely to surge
Pakistan’s trade share in global market is expected to increase due to economic activities under China-Pakistan Economic Corridor, regional trade…
Key changes being made in sales tax system: Chairman FRB
Chairman of the Federal Board of Revenue (FBR) Nisar Muhammad has divulged that key changes were being made in the system of sales…
PM approves construction of Hyderabad-Sukkur motorway
Prime Minister Nawaz Sharif has approved the construction of Hyderabad-Sukkur motorway. The decision about the mega-project was made at a…
No more loans: PM Nawaz says “goodbye” to IMF
The International Monetary Fund (IMF) has announced it will release the last instalment of a $6.6 billion economic bailout package…
PTA bans Xiaomi cellphones sales in Pakistan
Pakistan Telecommunication Authority (PTA) has banned sale and marketing China’s Xiaomi smartphones in Pakistan. According to a customer message shared by XiaomiPk,…