Business

‘Pakistan’s name to be removed from FATF’s grey list in next...

ISLAMABAD: Pakistan’s name would hopefully be removed from the Financial Action Task Force (FATF) grey list in coming September as the government is trying...

China passes new foreign investment law to ease global concerns

China has passed a new foreign investment law in a move widely seen as an effort to facilitate US trade talks. According to BBC, delegates...

Country’s FDI dips by 22.6% to $1.619bn in July-Feb 2018

Total foreign investment declines by 72.5% to $1.216bn KARACHI:  Despite all efforts of the Pakistan Tehreek-e-Insaaf (PTI) government, the foreign investment has declined 22.6 per...

Jazz Super 4G upgrades technology with L900 to become an even...

KARACHI: Jazz, Pakistan’s leading digital communications company, has recently introduced a new LTE carrier, L900, in Islamabad to help with the growing customer demand...

Interloop Limited raises Rs 5.025bn through IPO

KARACHI: Interloop Limited successfully raised Rs 5.025 billion through the largest private sector Initial Public Offering (IPO), placing it amongst the top 50 companies...

PTCL & Ufone, edotco collaborate to enhance Pakistan’s connectivity capabilities

KARACHI: Pakistan Telecommunication Company Limited (PTCL) and its subsidiary, Pak Telecom Mobile Limited, Ufone, signed a Memorandum of Understanding (MoU) with edotco Group (edotco),...

Mian Mansha appears before NAB today in money laundering case

LAHORE: On third notice of the Anti-corruption watchdog, Chief Executive of Nishat Group, Mian Muhammad Mansha, on Thursday appeared before the National Accountability Bureau...

Facebook data deals under criminal investigation: Report

NEW YORK: Federal prosecutors are conducting a criminal investigation into Facebook’s data deals with major electronics manufacturers, reports The New York Times. The newspaper says...

Anti-money laundering law to be amended with stricter punishments

A high-level meeting chaired by Prime Minister Imran Khan on Wednesday decided to amend the Anti-Money Laundering (AML) Act, 2010, with stricter punishments to...

Benami Transaction Act implemented to stop illegal transactions, FBR official says

Federal Board of Revenue (FBR) officials on Wednesday said that the Benami Transaction (Prohibition) Act 2017 has been implemented to stop transactions being conducted...