Disappointed: IT sector expresses mixed feelings over budget
KARACHI: While the continuation of the 0.25% income tax facility for the Information Technology (IT) sector – as it is…
Deal inked to lift microfinance sector
KARACHI: British International Investment (BII) has signed an unfunded risk participation agreement with a foreign bank operating in Pakistan to…
Yellen urges US-China cooperation on economy
BEIJING: US Treasury Secretary Janet Yellen urged closer communication between China and the United States on Saturday to improve economic…
US for greater scrutiny of hedge funds
Gary Gensler, the chair of the US Securities and Exchange Commission (SEC), said hedge funds and other parts of the…
New grid station to meet SEZs’ energy needs
LAHORE: Federal Minister for Energy Khurram Dastgir Khan has laid the foundation stone of a 500/ 132-kilovolt (kV) grid station…
Meetings with parties: Is the IMF actually interfering in Pakistan’s politics?
ISLAMABAD: The recent meetings of the International Monetary Fund (IMF) officials with leaders of major political parties have sparked a…
Current account in surplus for 3rd straight month
KARACHI: Pakistan managed to achieve a current account surplus for the third consecutive month in May, which stood at $255…
SECP green lights Symmetry Group IPO
The Securities and Exchange Commission of Pakistan (SECP) has given approval to Symmetry Group Limited, a renowned digital technology and experiences company…
Rupee plumbs new low at 287.29 vs dollar
KARACHI: Pakistani rupee on Tuesday slumped to a new all-time low close at Rs287.29 against the US dollar following persistent…
Hashoo Group to add 28 properties by 2027
LAHORE: Pakistan’s largest hospitality group, Hashoo Group, has unveiled an ambitious plan to expand its portfolio by adding twenty-eight properties…