Business

Business

High tax on warehouses a hurdle to growth

High taxes on warehouses rent is retarding growth of one of the most important links in the supply chain of…

1 Min Read

SBP reserves up by $7bn by year end

At the end of the calendar year 2014, Pakistan’s foreign exchange reserves witnessed a sharp increase of over $7 billion…

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Indonesia resumes search for missing AirAsia plane

Indonesia resumed at dawn today, the search for an AirAsia plane that went missing in the Java Sea with 162…

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ADB to launch 3 year business plan here

The Asian Development Bank (ADB) will launch its three-year Country Operations Business Plan (COBP) for Pakistan in January 2015. The…

2 Min Read

2015: Privatisations galore

With 21 major transactions lined up and proceeds targeted at over $3bn, 2015 seems to be a year of divestiture…

3 Min Read

Business community supports govt in anti terror war

The business community has fully supported the efforts of Prime Minister Nawaz Sharif and Army Chief Gen Raheel Shareef for…

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LPG consumers being overcharged

The marketing companies continue to fleece the consumers by selling the liquefied petroleum gas (LPG) at record high Rs220 a…

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Lower dollar and Yen prices provide no relief to car buyers

The Japanese yen has fallen by 30 per cent against the US dollar in almost one year, but the local…

6 Min Read

Pakistan still spends $6.7bn on oil import

While the world is projected to save over $1.3 trillion from oil price fall, Pakistan has yet to reap the…

2 Min Read