Business
Sri Lanka’s inflation rate drops to minus 1.7pc in November
December 24, 2024
Sri Lanka’s inflation rate drops to minus 1.7pc in November
COLOMBO: Sri Lanka’s consumer price inflation dropped to minus 1.7% year-on-year in November after easing to minus 0.7% in October,…
IFC backs Pakistani firm to set up tyre manufacturing unit in Sindh
December 24, 2024
IFC backs Pakistani firm to set up tyre manufacturing unit in Sindh
ISLAMABAD: The International Finance Corporation (IFC) and a consortium of Pakistani banks will provide up to $50.2 million-equivalent in financing…
Kuwaiti oil corporation seeks to exit Pakistan, sells key assets
December 24, 2024
Kuwaiti oil corporation seeks to exit Pakistan, sells key assets
ISLAMABAD: Kuwait Foreign Petroleum Exploration Company (KUFPEC) has started the process of leaving Pakistan’s oil and gas sector by selling…
Abolishing non-filer category could impact revenue generation
December 24, 2024
Abolishing non-filer category could impact revenue generation
ISLAMABAD: Finance Minister Mohammad Aurangzeb has recently introduced the Tax Laws Amendment Bill 2024 in Parliament, proposing the elimination of…
Starbucks strike to expand to over 300 US stores on Christmas Eve, union says
December 24, 2024
Starbucks strike to expand to over 300 US stores on Christmas Eve, union says
NEW YORK: A strike at Starbucks will expand to over 300 US stores on Tuesday, with more than 5,000 workers…
Higher tax rates won’t achieve desired revenue targets, says FBR chief
December 23, 2024
Higher tax rates won’t achieve desired revenue targets, says FBR chief
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Langrial has said that the government has no plans to increase tax…
PIA aims to expand fleet to improve flight operations
December 23, 2024
PIA aims to expand fleet to improve flight operations
KARACHI: The Pakistan International Airlines (PIA) is aiming to expand its fleet to improve flight operations, the national flag carrier…
PSX registers second largest single-day increase to close over 113,900 points
December 23, 2024
PSX registers second largest single-day increase to close over 113,900 points
KARACHI: The Pakistan Stock Exchange (PSX) began the week on a strong note, surging over 4,400 points as political calm…
‘Pakistan’s inflation rate at lowest level in six years’
December 23, 2024
‘Pakistan’s inflation rate at lowest level in six years’
LAHORE: Convener Parliamentary Task Force SDGs Bilal Azhar Kayani has said the country is moving towards improvement at the economic…
Pakistan’s non-textile exports surge 17.6%
December 23, 2024
Pakistan’s non-textile exports surge 17.6%
ISLAMABAD: Pakistan’s non-textile exports have recorded a notable increase of 17.6% during the first four months of the current fiscal…