Business

Business

Orix Leasing all set to tap into lucrative Islamic finance market

Orix Leasing Pakistan Limited (OLPL) plans to tap the high growth Islamic finance market. The company has chosen an innovative…

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Internal debt servicing nearly doubles in July

Interest payments on domestic debt grew by 80.5 per cent to Rs188 billion in July 2014 from Rs104bn in the…

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Pakistan Steel production capacity increased by 22% in past few months

The production capacity of Pakistan Steel Mills (PSM) has risen to 25 per cent from 3pc in May 2014 owing…

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MoU with Russia on fruit exports may be signed soon

Russia has sought a list of Pakistani companies meeting quarantine standards of Moscow in a bid to enhance import of…

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Cotton prices under pressure on low demand

The cotton market on Saturday remained easy where selling from ginners put more pressure on lint prices amid limited off-take…

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Hyundai directors kept in dark on $10bn land bid

Hyundai Motor and two listed affiliates did not seek clearance from the Board of Directors for the size of their…

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Tax facilitation centres set up by FBR

The Federal Board of Revenue has established 200 tax facilitation kiosks for filing of income tax returns. The centres have…

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Textile, clothing exports fall in July-August of current fiscal year

Pakistan’s export of textile and clothing fell by over five per cent in the first two months of the current…

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Current account deficit gap widens to $1.4bn

The current account deficit in the first two months of this fiscal year has widened to almost half of the…

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