Business
Business
Arif Habib Corp acquires 28% shares in Silkbank
The Arif Habib Corporation has acquired 28.23% shareholding in Silkbank, as per stock exchange reports earlier yesterday. The conglomerate with…
IBA dean to step down by mid-2016
Karachi: Dr Ishrat Husain is going to step down as dean and director of the Institute of Business Administration (IBA), Karachi,…
Govt brokered deal through PM Nawaz’s close relative to sell PIA to Dubai rulers claims PPP senator
The government has brokered a deal through a close relative of Prime Minister Nawaz Sharif to sell Pakistan International Airlines…
Swedes interested in Pakistani market
Swedish residents are particularly interested in the long-term stability of Pakistan and its economy. They want Pakistan to witness economic…
Govt to impose Rs.40 billion more taxes on ‘luxury goods’
An unrealistic tax target, coupled with a highly inefficient tax machinery, has led to a situation where a shortfall of…
Business confidence in Pakistan on the rise
"Overall business confidence in the country has improved relative to March 2015," stated a survey result that is part of…
As deadline looms, govt to bypass parliament again for PIA privatization
With the International Monetary Fund (IMF) deadline approaching fast, the government is all set to promulgate a presidential ordinance. Instead…
Used car sales to fall as govt jacks up duties
"A 10% increase in import duty on used cars will only slow down sales and ultimately hit government revenues that…
CNG industry gets go ahead for direct LNG import
The government has allowed compressed natural gas (CNG) station operators that they could directly import liquefied natural gas (LNG) without…