Business

Business

Foreign remittances inflows up to $15bn

Pakistan was the ninth largest recipient of workers remittances in 2013, with net inflows of about $15bn. In the first…

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Tyre smugglers causing Rs15bn loss annualy

The government is losing around Rs15 billion every year due to the smuggling of more than 2.5 million new and…

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FAO happy with bumper wheat crop

With the country anticipating record production of 25.4 million tonnes of wheat this year, the UN’s Food and Agriculture Organisation…

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Pakistan Investment Bonds: A profitable avenue for the banking sector

The banking sector, which has been facing tough regulations in a declining interest rate environment, has found a new avenue…

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PTCL and Dailymotion in joint venture in Pakistan

Pakistan Telecommunications Company Limited (PTCL), the largest ICT services provider in the country, has joined hands with the French online…

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ECC approves Rs18.5bn restructuring plan for PSM

The Economic Coordination Committee of the Cabinet (ECC) here on Thursday approved Rs18.5 billion restructuring plan for the Pakistan Steel…

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UK to provide £200m for enterprise, asset growth

The United Kingdom’s Department for International Development (DFID) will provide up to 200 million pounds for enterprise and asset growth…

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ADB approves $400m for energy

The Asian Development Bank (ADB) on Thursday approved a $400 million loan to Pakistan in support of reforms to tackle…

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Sindh’s revenue grows by a brisk 14pc

The Sindh Revenue Board (SRB) during the first nine months of current fiscal year recorded a growth of 14 percent…

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