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NEPRA’s power tariff hike withdrawn by Fed.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…
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…
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…
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…
“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…