Banking spread in Q1 2009 higher than last year

KARACHI: The average banking spread for the first three months of 2009 stood at 7.69%, representing an increase of 62bps over the si ... Full Story
May 3, 2010, 05:20:06 AM

Economic slowdown hurts cement exports
KARACHI: The economic slowdown around the world has begun to hit Pakistan’s cement industry, as its exports in April were lower by 12 percent th ... Full Story
May 3, 2010, 05:21:04 AM

Non-life insurance firms post 45% decline in earnings
KARACHI: Major listed non-life insurance companies posted an average earnings decline of 45 percent during the first quarter of 2009 mainly on account ... Full Story
May 3, 2010, 05:22:09 AM

Cotton production falls by 2.8m bales in 2008-09: PCGA
KARACHI: Pakistan’s cotton production for 2008- 09 crop season witnessed a shortfall of 2.8 million bales, chairman Pakistan Cotton Ginners Asso ... Full Story
May 3, 2010, 05:23:13 AM

1,250 billion tax target seems an uphill task: Finance releases review of economic situation for July-March
ISLAMABAD (May 05 2009): The revenue target for the current fiscal seems to be an uphill task and could pose a downside risk to the ongoing economic s ... Full Story
May 3, 2010, 05:23:56 AM

FDI declines by eight percent
ISLAMABAD (May 05 2009): Foreign Direct Investment (FDI) has declined by eight per cent during the first eight months of current fiscal to $3.0421 bil ... Full Story
May 3, 2010, 05:24:36 AM

US senators present Pakistan aid bill
KARACHI (May 05 2009): The Kerry-Lugar bill, a legislation which would triple non-military aid to Pakistan for the next one decade, was presented in t ... Full Story
May 3, 2010, 05:25:51 AM

FBR needs to collect Rs 431bn in 2 months
ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs 898.64 billion during the first ten months of the current fiscal year, reflecting an increa ... Full Story
May 3, 2010, 05:26:20 AM

Less than five-marla residences in posh localities to be taxed
LAHORE: The Punjab government is likely to take exempted residential property in the tax net under the rational value formula in the next financial ye ... Full Story
May 3, 2010, 05:27:29 AM

Cabinet may okay Benazir Tractor Scheme today
ISLAMABAD (May 06 2009): The Cabinet is likely to approve Benazir Tractor Scheme on Wednesday, according to which farmers would be provided tractors a ... Full Story
May 3, 2010, 05:28:22 AM