Business
Business
KSE ups 288 points on Eurobond launching outcome
Market rallied after Pakistan government raised highest ever amount of $2b in one attempt through Eurobonds, as a result of…
Punjab industry incurs Rs80b additional costdue to Power and gas loadshedding
Compared with the industry in other provinces, the industry in Punjab incurs Rs80 billion in additional costs related to energy…
Sindh CM expects huge foreign investment in the province
Sindh Chief Minister Syed Qaim Ali Shah has said that his province is expected to receive multibillion dollar foreign investments…
$2 billion 5-, 10-year Eurobonds sold
Pakistan on Wednesday sold $2 billion worth of five- and 10-year bonds in its first international sale since 2007, the…
Toyota to recall 6.4 million vehicles
Toyota is recalling 6.4 million vehicles globally, including 35,124 in the UK, over five separate issues. Some 3.5 million vehicles…
Smuggled Iranian LPG threatens local sector
The LPG Marketing Association termed smuggling or under-invoiced imports from Iran a threat to the organised liquefied petroleum gas (LPG)…
LCCI rejects Punjab’s new tax rules
The Lahore Chamber of Commerce and Industry (LCCI) unanimously rejected Sales Tax on Services enforcement rules of the Punjab Revenue…
UBL Fund Managers launches Al Ameen Funds
UBL Fund Managers, one of the largest asset management companies in Pakistan, has brought together Islamic investment solutions under the…
Pakistan returns to international bond market
Pakistan has issued its first US dollar bonds in seven years. The sovereign, rated Caa1/B- by Moody's/S&P, has launched a…