Business

Business

Reserves at $17.49bn

Karachi: The country’s total liquid foreign exchange reserves stood at $17.494 billion during the week ending May 22 compared to…

1 Min Read

Exim Bank to push up US exports

Karachi: Pakistan is becoming more attractive for the United States as a trade partner and an investment destination, said Raymond…

2 Min Read

Stocks stage 332-point rally

Karachi: Stocks staged a robust rally on Wednesday with the KSE-100 index closing with gain of 332.24 points (1.02 per…

2 Min Read

Govt relying on LNG, CPEC for higher growth

Islamabad: The government is banking on smooth imports of liquefied natural gas (LNG) and completion of some ‘early harvest projects’…

4 Min Read

Flattened by erratic rain, Pakistani farmers ditch crop farming

Islamabad: In late April, after 28 hours of heavy rain, Noor Hussain and his two brothers surveyed his three-hectare wheat…

5 Min Read

Rs180bn tax exemptions to be withdrawn next year

Islamabad: A high-powered committee has decided to withdraw tax exemptions worth Rs180 billion, or 0.5 per cent of gross domestic…

3 Min Read

Zero-rating status for key exportables proposed

Islamabad: The commerce ministry has proposed zero-rating for major exportable products in the next budget. The major exportable items are…

4 Min Read

Govt. mulls over War Tax option for high income individuals

In an effort to raise funds for the war against terror, the government is likely to levy an income tax…

4 Min Read

Govt plans to spend Rs1.4tr on development

Islamabad: The Annual Plan Coordination Committee (APCC) meets today to finalise around Rs1.4 trillion development programme, aimed at achieving 5.5…

3 Min Read