Business
Business
Used hybrid cars rates going up despite tax relief
LAHORE: The business of used cars import is thriving as 9,569 used vehicles were imported in the first three months…
State Bank of Pakistan’s profit nocks at Rs311.8b
The profit of the State Bank of Pakistan (SBP) for 2013-14 was loged at Rs311.8 billion. The report released on…
OMCs lead 172-point rally after ECC’s move
KARACHI: Stocks extended the rally on Friday as the KSE-100 index added 172.44 points (0.57 per cent) to close at…
PIA has cut losses of Rs13.5bn this year: aviation adviser
ISLAMABAD: Adviser to Prime Minister on Aviation Affairs Shujaat Azeem said on Friday that the annual loss of Pakistan International…
Govt approves 20pc duty on wheat import
ISLAMABAD: In a surprising development which could have political ramifications, the government on Thursday decided to block reduction in wheat…
$1.2bn loss in six months due to energy shortage: Aptma
LAHORE: Pakistan’s official international trade figures for the six months from April to September show that the country has lost…
ECC approves incentives for LNG users, 570,000 tonnes urea import
ISLAMABAD: The government on Wednesday approved incentives for use of imported liquefied natural gas (LNG) and allowed 570,000 tonnes of…
Audit gives clean chit to Rs342bn payment to IPPs
ISLAMABAD: An audit has given a clean chit to circular debt payments of Rs342 billion to independent power producers (IPPs),…
Cement being exported at Rs300 a bag
KARACHI: Manufacturers have been exporting cement at an average price of Rs300 (excluding local taxes and duties) per 50 kg…