Business

Business

Dollar rises against other major currencies due to solid economic growth

The dollar rose slightly against the euro and other major currencies yesterday  after a May US jobs report pointed to…

0 Min Read

200k + fresh jobs in the US market in May

US employers created more than 200k jobs for the fourth month in a row in May,. The US economy added…

0 Min Read

SECP registers 482 new limited liability companies

The Securities and Exchange Commission of Pakistan (SECP) registered 482 new limited liability companies in May, a rise of 29…

1 Min Read

$2bn rice export sector completely ignored in budget: REAP

Badly hit by rupee appreciation, the rice sector, which fetches over $2 billion in foreign exchange, has completely been ignored…

1 Min Read

Local Smartphone makers to be provided incentives

Finance Minister Ishaq Dar said today that the government would provide incentives to local manufactures of smartphones and IT-related solutions…

1 Min Read

Oil found near Jhelum

A major oil reserve has been discovered near Jhelum in Punjab, opening up a new area for exploitation of natural…

1 Min Read

Capital gains tax imposed on debt instruments

The government has imposed Capital Gains Tax (CGT) on debt instruments like Pakistan Investment Bonds, Treasury Bills, Foreign Currency Bonds…

1 Min Read

Finance bill irks FPCCI

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), which had praised the budget 2014-15 initialy, pointed out some…

1 Min Read

Pakistan’s RailCop and Chinese firm sign MoU

The Railway Construction Company, known as RailCop, a subsidiary company of Ministry of Railways signed a memorandum of understanding with…

1 Min Read