Economy is growing in spite of trade deficit, however, exporters have to overcome their inherent weaknesses and deficiencies to face the future challenges and survive in the competitive international markets, said Central Board of Revenue (CBR) Chairman A
Speakers at the seminar on Wednesday held the high cost of production, deteriorating law and order situation and lack of effective government policy responsible for the decline in the textile particularly value-added sector's exports to European Union (EU
The City District Government Karachi (CDGK) has formed five teams to ensure the implementation of ban on polythene bags imposed by the City Nazim Syed Mustafa Kamal under Section 144 in the metropolis.
Investment of about Rs 50 billion has stuck up as licences issued for setting up 2000 compressed natural gas (CNG) stations have been cancelled across the country due to failure to construct the facilities within the given timeframe of two years.Sources t
Punjab Chief Minister Chaudhry Pervaiz Elahi addressing a lawyers convention held under the auspices of PML-Q here at Alhamara Hall Wednesday castigated the opposition political parties for giving wrong political interpretation to the Presidential referen
Meteorological Department has forecast fair/partly cloudy weather with hazy morning for the metropolis during next 24 hours with minimum temperature in the range of 17 centigrade to 19 centigrade. Sunrise will be at 06:39 and sunset at 18:41.
Chairman Central Board of Revenue (CBR) Abdullah Yusuf has underscored the significance of regular contacts between the tax authorities of Islamic countries to share experiences and benefit from each others' expertise in relevant matters.
The Rice Exporters Association of Pakistan (Reap) has started its efforts to re-capture the potential Saudi Arab market to export rice. In this regard, a Reap delegation met the Saudi Consul General in Karachi here on Wednesday.
Modest recovery was seen in the interbank market on Wednesday as the rupee picked up two paisa against the dollar for buying at Rs 60.69 and gaining one paisa for selling at Rs 60.71, respectively. Better supply of the US currency helped the rupee and it
The Securities and Exchange Commission of Pakistan (SECP) will set up 'Central Sharia Board' for Islamic type of insurance in next three months. This was stated by SECP Chairman Raziur Rehman while talking to Business Recorder after a seminar on Ta
Modest recovery was seen in the interbank market on Wednesday as the rupee picked up two paisa against the dollar for buying at Rs 60.69 and gaining one paisa for selling at Rs 60.71, respectively. Better supply of the US currency helped the rupee and it
The World Bank and the Employees' Old-Age Benefits Institutions (EOBI) to discuss key challenges in pension policy in Pakistan. In this regard the WB and EOBI to jointly organise a seminar in Islamabad as a part of the continuous efforts of the capacity b
The venture capital companies play very important role by assisting in the development of new products and services through purchasing equity securities, adding value to a company through active participation, taking higher risks with the expectation of h
Pakistan Horticulture Development and Export Board (PHDEB) is arranging a weeklong promotional campaign in Czech Republic as part of its efforts to explore new markets for kinnow. During this campaign, the Board will display kinnow at seven branches of tw
The venture capital companies play very important role by assisting in the development of new products and services through purchasing equity securities, adding value to a company through active participation, taking higher risks with the expectation of h
Russia will ban rice imports from Pakistan from March 19 after finding a shipment infected with a dangerous pest, the animal and plant health watchdog Rosselkhoznadzor said on Wednesday. "We have discovered a shipment of Pakistani rice containing Khapra b
Russia will ban rice imports from Pakistan from March 19 after finding a shipment infected with a dangerous pest, the animal and plant health watchdog Rosselkhoznadzor said on Wednesday. "We have discovered a shipment of Pakistani rice containing Khapra b
Russia will ban rice imports from Pakistan from March 19 after finding a shipment infected with a dangerous pest, the animal and plant health watchdog Rosselkhoznadzor said on Wednesday. "We have discovered a shipment of Pakistani rice containing Khapra b
Pakistan has struck a deal to import 20,000 tonnes of soybean oil, believed to be the first purchases of the soft oil by private traders in two years, Rasheed Janmohammed, vice-chairman of the Pakistan Edible Oil Refiners Association said on Wednesday.
The Central Board of Revenue (CBR) has conducted a thorough survey of Federally Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (Pata) to identify routes/techniques adopted by organised gangs of smugglers at Pak-Afghan border.
The Central Board of Revenue (CBR) has conducted a thorough survey of Federally Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (Pata) to identify routes/techniques adopted by organised gangs of smugglers at Pak-Afghan border.
The Central Board of Revenue (CBR) has conducted a thorough survey of Federally Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (Pata) to identify routes/techniques adopted by organised gangs of smugglers at Pak-Afghan border.
Lehman Brothers Holdings Inc on Wednesday posted slightly stronger-than expected results, but its shares fell 2.6 percent as investors fretted about the investment bank's subprime mortgage exposure.
Lehman Brothers Holdings Inc on Wednesday posted slightly stronger-than expected results, but its shares fell 2.6 percent as investors fretted about the investment bank's subprime mortgage exposure.
Bears strengthened their positions at the Islamabad Stock Exchange (ISE) where selling-pressure intensified in hot favourite amid decrease in index. ISE Ten Index was down by 41.47 points, as index moved from 2,675.28 to 2,633.81 points.
Bears strengthened their positions at the Islamabad Stock Exchange (ISE) where selling-pressure intensified in hot favourite amid decrease in index. ISE Ten Index was down by 41.47 points, as index moved from 2,675.28 to 2,633.81 points.
Fears of political uncertainty following the situation arising out of the presidential reference against the non-functional Chief Justice (CJ) of Pakistan kept the Lahore share market under pressure on Wednesday and the LSE-25 index lost 75.14 points, or
Fears of political uncertainty following the situation arising out of the presidential reference against the non-functional Chief Justice (CJ) of Pakistan kept the Lahore share market under pressure on Wednesday and the LSE-25 index lost 75.14 points, or
The government is planning to sell a stake, worth up to $300 million, in United Bank Ltd (UBL) through a global share sale, and it has invited six investment banks to pitch for the deal, people familiar with the matter said on Wednesday.
The government is planning to sell a stake, worth up to $300 million, in United Bank Ltd (UBL) through a global share sale, and it has invited six investment banks to pitch for the deal, people familiar with the matter said on Wednesday.
The government is planning to sell a stake, worth up to $300 million, in United Bank Ltd (UBL) through a global share sale, and it has invited six investment banks to pitch for the deal, people familiar with the matter said on Wednesday.
The government is planning to sell a stake, worth up to $300 million, in United Bank Ltd (UBL) through a global share sale, and it has invited six investment banks to pitch for the deal, people familiar with the matter said on Wednesday.
Pakistan and Uzbekistan on Wednesday agreed on taking concrete measures to further strengthen their economic relations with increased focus on trade, transport and energy, besides collaboration on security matters.
Pakistan and Uzbekistan on Wednesday agreed on taking concrete measures to further strengthen their economic relations with increased focus on trade, transport and energy, besides collaboration on security matters.
Pakistan and Uzbekistan on Wednesday agreed on taking concrete measures to further strengthen their economic relations with increased focus on trade, transport and energy, besides collaboration on security matters.
The Ministry of Commerce has allowed import of Indian origin goods by Indian exhibitors for display and sale at Karachi Chamber of Commerce and Industry (KCCI) ''My Karachi 2007 Oasis of Harmony'' exhibition to be held in the first week of June this year.
The Ministry of Commerce has allowed import of Indian origin goods by Indian exhibitors for display and sale at Karachi Chamber of Commerce and Industry (KCCI) 'My Karachi 2007 Oasis of Harmony' exhibition to be held in the first week of June this year.
The Ministry of Commerce has allowed import of Indian origin goods by Indian exhibitors for display and sale at Karachi Chamber of Commerce and Industry (KCCI) 'My Karachi 2007 Oasis of Harmony' exhibition to be held in the first week of June this year.
On Wednesday, the BRIndex30 opened at 12,421.57, in the red zone, and closed at 12,232.21 points level, registering a net negative change of -189.36 points and percentage change of -1.52, with the intra-day high of 12,421.57 and low of 12,211.61.
On Wednesday, the BRIndex30 opened at 12,421.57, in the red zone, and closed at 12,232.21 points level, registering a net negative change of -189.36 points and percentage change of -1.52, with the intra-day high of 12,421.57 and low of 12,211.61.
Bearish trend continued at the Karachi share market on Wednesday and KSE-100 index lost another 128.29 points to close at 11,276.66 points level on the back of political uncertainty in the country. The KSE-30 index also shed 211.99 points, closing at 14,2
Bearish trend continued at the Karachi share market on Wednesday and KSE-100 index lost another 128.29 points to close at 11,276.66 points level on the back of political uncertainty in the country. The KSE-30 index also shed 211.99 points, closing at 14,2
Bearish trend continued at the Karachi share market on Wednesday and KSE-100 index lost another 128.29 points to close at 11,276.66 points level on the back of political uncertainty in the country. The KSE-30 index also shed 211.99 points, closing at 14,2
Wheat procurement price in Sindh has been raised by Rs 120 to Rs 1,170 per 100 kg, as the growers believe that the government will continue its export policy next year as well, traders said. "This year, the new wheat crop trading price has crossed Rs 1,10
Central Board of Revenue (CBR) Chairman Abdullah Yusuf said here on Wednesday that a strategy was being evolved to enhance tax-to-GDP ratio from 10.5 percent to 15 percent which is currently lowest in the region, and added that introducing third-party inf
Central Board of Revenue (CBR) Chairman Abdullah Yusuf said here on Wednesday that a strategy was being evolved to enhance tax-to-GDP ratio from 10.5 percent to 15 percent which is currently lowest in the region, and added that introducing third-party inf
Central Board of Revenue (CBR) Chairman Abdullah Yusuf said here on Wednesday that a strategy was being evolved to enhance tax-to-GDP ratio from 10.5 percent to 15 percent which is currently lowest in the region, and added that introducing third-party inf
Lawyers boycotted courts for a third day on Wednesday in protest at the suspension of the country's top judge by President Pervez Musharraf, officials said. A complete strike was observed by lawyers throughout the country to condemn Friday's ouster of chi
Lawyers boycotted courts for a third day on Wednesday in protest at the suspension of the country's top judge by President Pervez Musharraf, officials said. A complete strike was observed by lawyers throughout the country to condemn Friday's ouster of chi
Two men were arrested in India on Wednesday on suspicion of links to last month's bombing of an India-Pakistan train which killed 68 people, a senior police official told AFP.
Former Foreign Secretary Shamshad Ahmad Khan, while terming the composite dialogue process a structural mechanism, has said that it is irreversible. It was a good process and could not be derailed on the pretext of incidents like Mumbai train blasts, Sham
Eye-catching US-style entertainment at Qatar Airways' stand during ITB Berlin attracted a large number of visitors as the award-winning Five-Star airline took part at the world's largest travel and tourism fair in the German capital.
Sindh Chief Minister, Dr Arbab Ghulam Rahim has said that some persons appeared to be associated with the lawyers' fraternity "attacked" the Sindh Assembly Building on Wednesday. Addressing a press conference here at Chief Minister House on Wednesday, he
Australia beat Scotland by 203 runs in a World Cup Group A game at the Warner Park Stadium here, on Wednesday. Kenya beat Canada by 7 wickets in a Group C match.