Business

APTTA urges govt to abolish import duty and other taxes on...

Federal Board of Revenue is receiving 32-34 per cent Customs Duty, Sales Tax and Withholding Tax and up to ware house is 42 per...

Dollar slides 92 paisa to close at below Rs 150

KARACHI: The rate of dollar went down on Wednesday against the Pakistani currency as it has reached below Rs 150 in the interbank market....

Pak-rupee recovers against US dollar in Open Market

KARACHI: The Pakistani rupee continued its slow but steady recovery against the US dollar on Monday as the greenback fell by Rs1.16 at interbank...

PIA, Askari Bank to launch Co-Branded Credit Card

KARACHI: Pakistan International Airlines (PIA) and Askari Bank Limited has signed a Memorandum of Understanding (MoU) for launch of Co-Branded Credit Card where both...

Pak-rupee gains 50 paisas to close at Rs 152.50 against US...

KARACHI: The Pakistani rupee slightly gained against the greenback in the open market for a second consecutive day on Thursday, recovering after hitting record...

Saudi Arab to start giving oil of $3.2bn for three years...

Pakistan’s petroleum group imports including crude and Liquefied Natural Gas LNG stood at $13.26 billion during the last fiscal year FY18 while the country...

Greenback touches Rs 154 in Kerb market

KARACHI: The US dollar continued its steep incline in Pakistan, reaching a new all-time high in the interbank and open market on Tuesday. In the...

Google blocks Huawei’s android use after trump blacklist

It may just have killed Huawei's bid to become the world's top smartphone brand HONG KONG: Google is restricting Huawei's access to its Android operating...

US carmaker ‘Ford’ announces 7,000 job cuts

US car giant Ford has announced it will cut 7,000 jobs globally by the end of August in an effort to save costs, BBC...

SBP raises discount rate by 150bps through monetary policy

KARACHI: The State Bank of Pakistan (SBP) on Monday enhanced the policy rate/discount rates by 150 basis points to 12.25 per cent with effective...
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