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Category: Business

Business

513,000 tons of palm oil was imported by Pakistan in Jan-Aug

By sundaytimesSeptember 19, 2016

ISLAMABAD: Pakistan has imported 513,000 tons of palm oil from Malaysia during January-August. Another Malaysia’s palm oil product the Minyak Cooking Oil made its way into the local […]

Business

Finance minister constitutes committee for Islamic banking

By sundaytimesSeptember 10, 2016

ISLAMABAD: Federal Minister for Finance Senator Ishaq Dar has constituted the Committee for the implementation of the recommendations of the Steering Committee for the promotion of Islamic Banking. […]

Business

Apple will not give first-weekend sales of iPhone 7

By sundaytimesSeptember 9, 2016

By Reuters SAN FRANCISCO: Apple Inc will not release first-weekend sales of its new iPhone 7, the company said on Thursday, making it harder for analysts to get a […]

Business

New gas finding in Sindh announced

By sundaytimesSeptember 8, 2016

KARACHI: An exploration firm has announced finding of new gas reserves in Sindh’s northern district of Ghotki. Mari Petroleum Company in stock exchange filing has said that the […]

Business

Apple unveils water-resistant iPhone 7

By sundaytimesSeptember 8, 2016

By Reuters SAN FRANCISCO: Apple Inc, the world’s most valuable publicly traded company launched its newest iPhone which features a new jet black finish, has a more responsive […]

Business

Bio-metric based payment system to be introduced by BISP in Sindh

By sundaytimesSeptember 8, 2016

KARACHI: Bio-metric based payment system is to be introduced by Benazir Income Support Program (BISP) for the upcoming BISP cash grant tranche. Director General of BISP Sindh, Mr Naeem Anwar, said […]

Business

Pakistan to offer two LNG tenders by October, working on government deal

By sundaytimesSeptember 7, 2016

By Reuters ISLAMABAD: Pakistan plans to issue two international tenders for 750,000 tonnes per year of liquefied natural gas (LNG) each in the coming month, the head of […]

Business

Pakistan grants tax neutrality for sukuk deals

By sundaytimesSeptember 5, 2016

By Reuters ISLAMABAD: Pakistan’s Federal Board of Revenue has granted sukuk transactions similar tax treatment to conventional bonds, the latest government incentive aimed at developing the country’s Islamic […]

Business

Old banknotes cease to be legal tender from Dec 1st

By sundaytimesSeptember 5, 2016

By APP ISLAMABAD:  The old design banknotes will cease to be legal tender with effect from December 1, 2016 as per Federal Government’s Gazette Notification. According to SBP […]

Business

Consumer giants court Muslims with halal face creams, shampoos

By sundaytimesSeptember 3, 2016

By Reuters Some of the world’s biggest consumer groups are making halal face creams and shampoos for Indonesia ahead of a new labeling law, part of a broader […]

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