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The Newspapers Staff ReporterDawn Business |
KARACHI: Exports of meat and its products hit a record high of $512 million in FY24, marking a 20 per cent increase from $426m in the preceding year....
LAHORE: The Gallup Pakistan latest survey reveals a stark decline in business confidence among the country’s business owners, who now view Prime...
KARACHI: Pakistan Tanners’ Association (PTA) Chairman Muhammad Mehr Ali has said that the additional burden of taxes and duties in the budget has...
KARACHI: Trade and industry people have asked the government to seriously look into the matter of high electricity tariffs for all categories of...
KARACHI: The country’s power generation fell by 2 per cent to 127,259GWh (14,504MW) year-on-year during FY24 owing to a slowdown in overall economic...
KARACHI: The Banking Mohtasib has granted monetary relief of Rs681 million to the customers by disposing of 12,568 complaints during the first half of...
KARACHI: Trade and industry leaders frustrated by the high capacity payments to independent power producers (IPPs) have asked the government to review...
KARACHI: As per the directive of Prime Minister Shahbaz Sharif, the shipping companies/agents have started opening their offices from July 20 2024 and...
ISLAMABAD: The Oil Marketing Association of Pakistan (Omap) has written to the prime minister requesting the release of Rs26 billion to compensate for...
KARACHI: Foreign Direct Investment (FDI) increased by 17 per cent in FY24 compared to the preceding year, though the amount remained lowest in the...
LAHORE: Eminent businesspersons who gathered under the banner of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI) continues to rise due to an increase in petroleum prices, official data...
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by a meagre $19 million to $9.423 billion during the week ended July...
ISLAMABAD: Prime Minister Shehbaz Sharif directed authorities on Thursday to increase the number of Appellate Tribunals from 50 to 100, to expedite...
ISLAMABAD: The National Assembly’s Standing Committee on Energy (Petroleum Division) was informed on Thursday that no company was interested in...
ISLAMABAD: Textile and clothing exports posted a modest growth of 0.93 per cent in FY24, indicating that the sector may not be able to compete with...
KARACHI: Businessmen were up in arms against the independent power producers (IPPs), urging the government to revisit the agreement in the larger...
KARACHI: Sapphire Fibres Ltd (SFL) has entered into an agreement with UPLHC I Ltd and UPLHC II Ltd, both companies incorporated in the UAE, to acquire...
KARACHI: To facilitate the business community, all shipping companies will remain operational every Saturday from July 20 for one month to issue...
KARACHI: As Pakistan has reached a Staff-Level Agreement (SLA) for $7 billion Extended Fund Facility with the IMF, the Pakistan Business Council (PBC)...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Indicator (SPI), remained above 23 per cent for the second week, driven primarily by...
KARACHI: Indus Motor Company (IMC) has announced its third plant closure this year, from July 15 to 22, due to a parts shortage. In a stock filing,...
KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) increased by $16 million to $9.405 billion during the week ended on July 5....
LAHORE: Rice exporters warn of a drastic drop in exports if the government sticks to its decision to shift the sector from the Final Tax Regime (FTR)...
LAHORE: Chief Minister Punjab Kissan cards will be available in the branches of the Bank of Punjab from August 10 as the printing of 250,000 cards is...
ISLAMABAD: Proctor & Gamble is set to sell off its soap manufacturing unit, however, the brand Safeguard will remain with P&G. The Competition...
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has raised serious concerns over the country’s deteriorating security...
KARACHI: The country’s auto sales — cars, jeeps, sport utility vehicles and pickups — touched an 18-month high to 13,284 units during June 2024,...
KARACHI: The Karachi Port Trust (KPT) recorded a notable rise of 23.43 per cent in cargo handling operations in FY24. The entire freight closed at...
KARACHI: The country’s leading industrial chambers and associations have called for the urgent implementation of the Competitive Trading Bilateral...
ISLAMABAD: Commerce Minister Jam Kamal said on Tuesday that the post-budget issues faced by local part manufacturers would be resolved to promote...
KARACHI: Oil and Gas Development Company Ltd (OGDCL) has revitalised production from the Kunnar-11 well in Sindh and now produces 960 barrels of oil...
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved a Scheme of Arrangement for the merger of Shamim and Company (Pvt) Ltd (SCL) with...
KARACHI: Jazz has divided the company into four segments and aims to double its revenue in four years. In a statement, the company announced that its...
ISLAMABAD: The Federal Board of Revenue (FBR) announced on Friday that dealers and retail outlets of petrol pumps are exempt from the Advance Income...
ISLAMABAD: The Competition Commission of Pakistan (CCP) has green-lighted a merger within the cross-border remittances and currency exchange business....
ISLAMABAD: The Federal Board of Revenue (FBR) has notified new returns forms for salaried persons, association of persons (AoPs) companies, and...
ISLAMABAD: Ministry of Federal Housing and Works on Wednesday said the Turkish government had been showing keen interest in investing in Green Enclave...
ISLAMABAD: In a significant move, the Senate Standing Committee on Finance and Revenue on Wednesday unanimously approved amendments to the State-Owned...
KARACHI: Citi Pharma, a Pakistani pharmaceutical company, has partnered with an Indian company, Murli Krishna Pharma Pvt Ltd (MKPL). Citi Pharma on...
KARACHI: Association of Builders and Developers of Pakistan (ABAD) chairman Asif Sumsum has announced to move the court against “heavy and...
KARACHI: Domestic cement sales fell 4.6 per cent to 38.18 million tonnes in outgoing FY24, from 40.01m tonnes in FY23, due to a slowdown in...
ISLAMABAD: Finance Minister Muhammad Aurangzeb has reiterated his commitment to strengthen the Federal Board of Revenue (FBR) and its supporting...
LAHORE: The Punjab cane commissioner has allocated sugar export quotas as per cane crushed by each mill in the province. Cane Commissioner Abdul Rauf,...
RAWALPINDI: The Pakistan International Airlines has announced a reduction in Umrah fares to facilitate pilgrims. A PIA spokesman said on Sunday that...
ISLAMABAD: The PML-N-led coalition government began the new fiscal year (2024-25) with an increase in petrol and high-speed diesel prices by Rs7.45...
KARACHI: The Pakistan Business Council (PBC) has said that the federal budget 2024-25, approved on Friday, remained almost as regressive as the bill...
ISLAMABAD: The government has appointed two prominent figures from the corporate sector as ambassadors-at-large to bolster economic diplomacy. The...
ISLAMABAD: The Federal Board of Revenue collected Rs9.285 trillion in 2023-24, slightly exceeding the downward revised target of Rs9.252tr. The...
ISLAMABAD: Faced with an extensive glut amid an economic slump, Pakistan is considering reducing its long-term liquefied natural gas (LNG) imports...
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