Business

Shipping companies impose up to $3,500 ‘war risk charges’ on containers

Shipping companies impose up to $3,500 ‘war risk charges’ on containers

Shipping companies on Friday announced the imposition of “War Risk Charges” due to Strait of Hormuz disruptions. According to details,…
Salaried class pays 352% more tax than other sectors: study

Salaried class pays 352% more tax than other sectors: study

ISLAMABAD: As the International Monetary Fund (IMF) conducts the third review of Pakistan’s $7 billion Extended Fund Facility (EFF), a…
China’s top-rated conglomerate considers billion-dollar investment in Pakistan

China’s top-rated conglomerate considers billion-dollar investment in Pakistan

ISLAMABAD: A Chinese conglomerate with an AAA credit rating is reportedly looking to invest between $5 billion and $10 billion…
SECP registers 3,444 new companies in Feb, total surpasses 287,000

SECP registers 3,444 new companies in Feb, total surpasses 287,000

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has reported a continued rise in company registrations across Pakistan, indicating growing…
Pakistan’s federal debt soars to Rs79,322 billion

Pakistan’s federal debt soars to Rs79,322 billion

LAHORE: The federal government’s debt burden has surged further, with total borrowings increasing by Rs7,000 billion on an annual basis.…
PSX sheds over 2,900 points as bears return to stock market

PSX sheds over 2,900 points as bears return to stock market

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish trend on Friday amid selling pressure on last day of the…
104 flights from Pakistan to Middle East cancelled amid Iran-US-Israel conflict

104 flights from Pakistan to Middle East cancelled amid Iran-US-Israel conflict

KARACHI: Ongoing tensions in the Middle East involving Iran, United States and Israel continued to disrupt air travel, with 104…
Ogra warns of strict action against illegal hoarding of petroleum products

Ogra warns of strict action against illegal hoarding of petroleum products

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Thursday warned of strict action against any individual or entity found…
Pakistan says LNG imports from Qatar intact but mulling alternate fuel options

Pakistan says LNG imports from Qatar intact but mulling alternate fuel options

Pakistan’s Federal Minister for Commerce Jam Kamal Khan has said that liquefied natural gas (LNG) imports from Qatar will continue…
Aurangzeb announces energy measures, assures fuel stocks for March

Aurangzeb announces energy measures, assures fuel stocks for March

Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, on Wednesday announced new measures to conserve fuel in response to global supply disruptions…
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