Business
Business
Govt to decrease borrowing to boost private sector
The government’s plan to curb borrowing will create fiscal space for the private sector to access more bank lending. Moreover,…
Bosnia, Pak Business’s gateway to Europe
Bosnian ambassador to Pakistan Dr Nedim Makarevic said in Islamabad that Bosnia could become a gateway to Pakistani textile, sports…
SBP’s reserves down 0.57%, at $10,305m
Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased 0.57% on a weekly basis on December 26,…
EOBI restructuring: Ishaq Dar to sets up committee
The government has set up a committee to restructure the Employees Old-Age Benefit Institution (EOBI) after having realised that merely…
Unclaimed dividends to move to govt fund: SECP proposal
Share dividends not claimed for five years will be transferred to a government fund according to a proposal to deal…
Good Augury: KSE starts new year with a Bull rampage
The stock market closed the first day of the new year with substantial gains, rallying on a lower-than-expected inflation reading…
PSO skips Jan 2015 fuel oil imports for first time ever
Pakistan State Oil (PSO) is skipping January imports of high sulphur fuel oil for the first time and is reducing…
Karachi Stock Exchange ends year on a high note
For the third year in a row, Pakistan equity markets provided healthy returns to the investors. The KSE-100 index added…
5% increase of GST on POL products challenged in LHC
The Federal government’s decision to impose an additional five percent general sales tax (GST) on prices of petroleum products (POL)…