Business
Business
“Uniform tax on rental income demanded”: FPCCI
The government could earn more revenue from income tax on rental income by adopting a uniform rate of 10%, suggested…
“Seize opportunity for joint ventures”, advises Turkey
Turkey, which is the second fastest growing economy in the world after China, has a lot to offer to Pakistani…
Pakistan Business council angry at FBR’s ‘arbitrary inquiries’
The Pakistan Business Council (PBC) has registered a complaint with Finance Minister Ishaq Dar regarding Federal Board of Revenue’s (FBR)…
Nestle Pakistan records a an exceptionaly high 43% rise in net profit
Nestle Pakistan boosted its net earnings by a staggering 43% on a year-on-year basis in the nine months ended September…
Engro Foods’ posts net loss for 3rd straight quarter
Engro Foods reported a net loss in the third quarter of 2014, according to the company’s latest financial results, revealed…
Market watch: Bears reappear at KSE
The index felt the political turmoil prevalent in the city with investors exercising caution. At close, the Karachi Stock Exchange’s…
Apex court unlocks OGDCL selloff
In an interim order issued yesterday, the Supreme Court gave the government the green-light to carry out the privatisation of…
Meezan Bank acquires HSBC
Pakistani branch operations of HSBC Bank Middle East have now merged with and into Meezan Bank, according to a notice…
SBP data: Current account deficit at a high $1.33b
Pakistan’s current account deficit in the first three months of 2014-15 remained $1.33 billion, according to data released by the…