Business

Business

NEPRA’s power tariff hike withdrawn by Fed. Govt.

The government has decided not to burden consumers with the new tariff determined by the National Electric Power Regulatory Authority…

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Nepra makes amendments of licenses of govt-owned power companies

The National Electric Power Regulatory Authority (NEPRA) has made amendments in the licenses of government-owned power sector companies (DISCOs), imposing…

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SBP issues fresh guidelines to Banks, MFBs

The State Bank of Pakistan (SBP) has issued guidelines to banks and micro-finance banks for strengthening internal controls in payment…

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MoUs regarding solar technology with Chinese company cancelled

Hope of using solar technology as alternative energy resource ended for the Punjab government as ZTE, a Chinese vendor, has…

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“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…

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“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…

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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)…

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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…

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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…

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