Dar’s appointment as FM a breath of fresh air for economy: NBGP Chief
ISLAMABAD: Chairman of National Business Group Pakistan (NBGP) Zahid Hussain welcoming return of Senator Ishaq Dar to Pakistan said it gave hope to business community and rupee to strengthen while stock market also to increase. Business community is...
Coca-Cola, foodpanda join hands for meals, drinks
Karachi: foodpanda, Coca-Cola Icecek Pakistan and Coca-Cola Export Corporation are creating ‘Real Magic’ by entering long-term partnership to bring exclusive deals and discounts for foodpanda customers. Muntaqa Peracha CEO foodpanda said...
Miftah officially steps down, hands over resignation to PM
ISLAMABAD: PML-N leader Miftah Ismail officially stepped down as finance minister by handing over his resignation letter to Prime Minister Shehbaz Sharif. He had verbally tendered his resignation to PML-N supremo Nawaz Sharif in London following part...
Khurram invites Japanese govt, companies to explore RE investment
ISLAMABAD: Minister for Energy Khurram Dastgir invited Japanese government and companies to explore renewable energy (RE) investment opportunities in Pakistan. Minister extended offer during his meeting with State Minister Nakatani at Japanese Minis...
Petroleum dealers, banks remain at odds over merchant charges
KARACHI: A number of fuelling stations in country are not accepting credit, debit, or privilege cards as petroleum dealers and banks remain at odds over merchant charges, it was reported. A source informed that profit margin of pump owners is lower...
Sterling plunges to all-time low in scathing appraisal of fiscal plan
TOKYO: Sterling tumbled nearly 5 percent to an all-time low as investors ran for exits after new government’s fiscal plan threatened to stretch Britain’s finances to their limits. Currency dived as much as 4.85 percent to an unprecedente...
KCCI for extension in last date for IT returns to Dec 31, 2022
KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Idrees has requested Finance Minister to issue directives to Federal Board of Revenue (FBR) for extension in last date for filing income tax returns from September 30, 2022 t...
Ishaq Dar sets out to save Pakistan’s faltering economy
LONDON: PML-N senior leader Ishaq Dar has said he has his eyes set on putting Pakistan’s weakening economy back on track. Before leaving for Pakistan with Prime Minister Shehbaz Sharif, Dar said he looked forward to taking oath as Pakistan&rsqu...
KATI President welcomes decrease in current account deficit
KARACHI: President, Korangi Association of Trade and Industry, Salman Aslam has appreciated the government for bringing the current account deficit to 700 million Dollars during the month of August 2022. The current account deficit decreased by 19 pe...
Floods losses reach $30bn, external debt needs restructuring: FPCCI Chief
Karachi: Irfan Iqbal Sheikh President FPCCI apprised that all bilateral and multilateral external debts of Pakistan need immediate restructuring on soft terms as total economic cost of unprecedented floods in Pakistan has surpassed $ 30 billion. He...
