Business

Business

Tough anti money laundering bill on the cards

In an attempt to bring improvements in existing laws and fix loopholes in the Anti-Money Laundering Act 2010, the government…

1 Min Read

President declines to continue the provision of 650MW to K-Electric

President Mamnoon Hussain has declined to support the continuation of 650MW of power supply to the K-Electric company from the…

2 Min Read

GST on POL products increased to 22%

The federal government earlier yesterday increased sales tax on petroleum products by five per cent, effectively depriving consumers of an…

1 Min Read

PM wants generation of low-cost electricity

Prime Minister Nawaz Sharif earlier today  called for gearing up efforts to generate low-cost energy in order to make it…

1 Min Read

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…

1 Min Read

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…

1 Min Read

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