Business
Business
HBL enters microfinance banking segment
Karachi: Habib Bank (HBL) has entered the microfinance banking segment by acquiring a majority shareholding in Pakistan’s third largest microfinance bank…
Up to $100bn kept by Pakistanis in offshore companies, moot told
Karachi: When the Panama leaks hit the headlines in Pakistan suddenly everybody said what was happening and became very emotional,…
After Italy, Pakistan interested in talking with France for LNG supply
Pakistan and France are engaged in mutual negotiations for a government-to-government contract worth billions of dollars for the supply of…
Punjab making hectic efforts to attract investment
The Punjab government is making all out efforts to provide a congenial atmosphere for local and foreign investors, said Punjab Board…
Dollar surges Rs106 in open market after 3 months
The US dollar surged to Rs106 in the open market earlier yesterday after a gap of almost three months creating doubt…
Pakistan approves huge tax exemptions for Gwadar port operators
Pakistan earlier yesterday approved sweeping tax concessions for Chinese operators at the deep-sea Gwadar port and businesses that will operate…
Sindh Govt formally approves Rs1.83 billion for Karachi Development Package
The Sindh government has approved a budget of Rs1.83 billion for the Karachi Development Package, announced local minister Jam Khan Shoro.…
Govt may increase tax on dividend income to 20%
Islamabad: In yet another anti-business budget proposal, the government is likely to increase the tax on dividend income and force companies…
Multilateral fund approves $5.68m for Pakistan
The successful conversion of five foam manufacturing industries to more cleaner technologies has led the Multilateral Fund of the Montreal…