Business
Business
Mango exports fetch $1.1m in five days
Karachi: Pakistan has exported around 2,200 tonnes of mangoes, fetching $1.1 million, since the start of export season on May…
KSE Market Watch: Market in the Black
The monetary policy announcement over the weekend provided some much-needed relief, where the government reduced the discount rate to a…
Rise in value-added textile exports
The export of textile goods grew by a marginal 2pc to $1.08bn in April, according to data released by the…
HSBC to impose charges on bank deposits in some currencies
HSBC has become one of the biggest global banks to say that it will begin charging clients on deposits in…
Bank assets dip
The government raised Rs61.683bn from the auction of Pakistan Investment Bonds of various tenors last Wednesday. Of the total, three-year…
Allied Bank creating room for expansion
With its core business sailing smoothly, Allied Bank appears to be now gearing to invest in technological and infrastructure upgrades…
Proposal to tax remittances from abroad turned down
Islamabad: Finance Minister Ishaq Dar turned down on Friday a proposal by the country’s top taxman to tax remittances. “There…
114 firms not paying dividend despite earning profit
Karachi: Out of 562 listed companies, 246 paid dividends to their shareholders while as many as 114 did not despite…
Car imports surge 35pc to $218.4m
Karachi: The import of cars (over 90 per cent of them used) jumped by 35pc to $218.4 million during the…