CNG stations to remain closed for further 24 hours under gas load management

KARACHI: Sui Southern Gas Company (SSGC) on Friday said that CNG stations will remain close on Saturday under gas load management. Read more »

Pakistan has geographical importance for investment

KARACHI: Pakistan has geographical importance for investment in the region, Henry Ensher, Deputy Assistant Secretary Bureau of South and Central Asian Affairs said on Friday. Read more »

KSE-100 index ends down by 445 points on profit taking

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) fell by 445 points of Friday on weekend profit taking. Read more »

Rupee falls by 16 paisas to US dollar

KARACHI: The Pak Rupee depreciated by 16 paisas against US dollar on Friday owing to high demand from import and corporate buyers. Read more »

Karachi Chamber expresses serious concerns over gas shutdown to industries

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has expressed serious concerns over abrupt shutdown of gas supply to industries and said that such closure caused immense losses to the tune of... Read more »

KSE-100 index falls by 483 points in mid-day trading

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) has plunged by 483 points in mid-day trading on Friday mainly on profit taking. Read more »

Engro Foods’ after tax annual profit falls by 83pc

KARACHI: Engro Foods Limited has declared 83 percent decline in net profit for the year 2018, according to financial statement submitted to Pakistan Stock Exchange (PSX) on Friday. The profit after tax... Read more »

Rupee weakens against dollar in early trading

KARACHI: The Pak Rupee weakened by six paisas against the US dollar in early trading on Friday owing to demand for import and corporate payments. Read more »

Income Tax Ordinance 2001: payment of advance tax on quarterly basis

KARACHI: Taxpayers are liable to pay advance tax against their estimated annual income on quarterly basis under Income Tax Ordinance, 2001. Read more »

SBP estimates ICT exports worth $1.5bn remain undocumented

KARACHI: State Bank of Pakistan (SBP) has estimated that around $1.5 billion exports in Information and Communications Technologies (ICT) are remained undocumented due to absence of major world’s leading payment solution provider... Read more »