Category: Business

PTA initiates process for 3G/4G spectrum auction in AJK and GB

The Pakistan Telecommunication Authority (PTA) is all set to auction spectrum for 3G/4G services in Azad Jammu and Kashmir and Gilgit Baltistan (AJ&K and GB) by the...

UBL collaborates with IBM to launch digital design lab

 IBM announced that United Bank Limited (UBL) has selected IBM to support its digital transformation journey by establishing a Digital Design Lab The lab will provide...

Northern cement industry cuts price by Rs 25 per bag

The northern market of cement industry has reduced retail prices by Rs 25/bag. The reduction is largely adjustment in Maximum Retail Price (MRP) to the discounts that...

Cost of doing business in Pakistan remains very high

The government has sucked all working capital of exporters in shape of refunds of sales tax, duty drawback and income tax, executives of prime export-oriented sectors...

Pakistan suffers $2b current account deficit in first month of FY18

Rising import bill and disappointing export performance continue to bleed Pakistan financially at external front as the country’s current account deficit swelled...

Why workers need a corporate tax cut

Left-wing political groups are staging street protests and running television ads to defeat President Trump’s proposed corporate tax cut. If they succeed, the big...

Scapegoats, dupes and gulls

Identity politics has gone over the top, and the flood of intolerance is drenching everyone. What began as a campaign to re-right injustice has created injustice. What...

PSX witnesses bloodbath, index nosedives by 1,389 points

 Pakistan equities witnessed a bloodbath on Tuesday as the benchmark KSE-100 index nosedived by massive 1,389 points amid political developments couple with foreign...

Pakistan, China sign 38 agreements to promote trade

Pakistan and China on Thursday signed thirty-eight agreements worth $325 million to promote bilateral trade. These signed documents paved the way of enhancing sale of...

Bears stage comeback amid lackluster trading

Pakistan equities dropped again on Thursday after seeing volatile trading and dull volumes as domestic politics remained a dampener Besides global sell-off amid ongoing...