Business

Business

Pak-German business platform launched in Berlin

A joint Pakistan-Germany business platform called Pakistan GATE (German Association Trade and Economy) for the development of trade and investment…

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Bears running riot as KSE nose dives 432 points

Stocks fell for the third consecutive day on Wednesday with the KSE-100 index taking a deep plunge of 432.24 points…

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FBR to publish active taxpayers list every 2 weeks

The Federal Board of Revenue (FBR) anno­unced yesterday that it will publish active taxpayer list (ATL) on a fortnightly bas­is…

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Swiss bank releases result for first time in centuries

Swiss private banks yesterday,  begin lifting the veil on their books after a radical shift in their business model, amid…

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Indian Price regulatting body fines carmakers $420m

India’s pricing regulator has fined more than a dozen global and local carmakers 25.5 billion rupees ($420 million) after a…

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Rs1bn sovereign guarantee for PIA approved by federal cabinet

The Economic Coordination Committee (ECC) of the Cabinet on yesterday approved a sovereign guarantee for Pakistan International Airlines (PIA) to…

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$588m accord with WB for financing of Dasu project

Prime Minister Nawaz Sharif witnessed the signing ceremony of a financing agreement of $588.4 million with the World Bank relating…

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New drawback rates on textile export

The Federal Board of Revenue (FBR) has notified new rates of duty drawback on export of textile and allied products.…

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SECP says it can work with two commissioners

The Securities and Exchange Commission of Pakistan (SECP) has clarified a news item, saying it would not become a non-performing…

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