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1-10 results from 1000 for query «growth»

December 4, 2018 12:00 AM SRB’s revenue surges 13pc in Jul-Nov

KARACHI: Sindh Revenue Board’s (SRB) on Monday reported a 13.3 percent year-on-year surge in revenue to Rs35.902 billion during the first five months of the current fiscal year of 2018/19. The SRB collected Rs31.694 billion during the July-November period of the last fiscal year, it said in a statement. In November, the provincial revenue authority collected 2

December 2, 2018 12:00 AM Microsoft’s market value overtakes Apple

SAN FRANCISCO: Microsoft Corp’s stock market value closed above Apple Inc’s for the first time in eight years, as the Windows maker benefited from growth in cloud computing, while Apple was hit by investor concern about iPhone demand, Reuters reported. Shares of Microsoft rose 0.6 percent to end the week at $110.89, putting its market capitalization

November 30, 2018 8:58 AM Japanese Emperor 85th birthday celebrated in Karachi

KARACHI: The 85th birthday of His Majesty Emperor Akihito was celebrated with immense zeal in a grand reception held by the Consul-General of Japan in Karachi, Toshikazu Isomura on Thursday. This year’s reception saw attendance of around 500 guests, including renowned parliamentarians, government officials, prominent diplomats, academics, business and corporate 12

November 29, 2018 12:00 AM ‘HRD top priority for govt’

KARACHI: Sayed Zulfiqar Abbas Bukhari, Special Assistant to Prime Minister has said that Prime Minister Imran Khan has directed to focus on development of human resource in the country as a priority. Bukhari, who is also Minister of State for Overseas Pakistanis and Human Resource Development, was Chief Guest at the Employers of the Year Award Ceremony 2

November 26, 2018 12:00 AM Pakistan to seek $42m loan from WB: Strategy to eradicate poverty okayed

ISLAMABAD: A meeting of the Economic Advisory Council (EAC) on Sunday gave approval to seek a loan of $42 million from the World Bank for the poverty eradication programme announced by Prime Minister Imran Khan. The meeting, held at Bani Gala, was chaired by the PM and attended by Finance Minister Asad Umar and other ministers and senior government officials

November 24, 2018 1:20 AM Defence, current expenditures skyrocket

ISLAMABAD: The country’s defence and current expenditures surged significantly while development spending dropped drastically in the first quarter of the current financial year as consolidated fiscal deficit widened to 1.4 per cent of gross domestic product (GDP). According to fiscal operations data released by the Ministry of Finance on Friday, the total 3

November 23, 2018 12:00 AM Meeting discusses aviation policy

KARACHI: Aviation industry stakeholders have held a meeting to discuss the National Aviation Policy and propose recommendations for revision of the policy. Spokesperson of the aviation industry said on Thursday that a meeting was held at the Aviation Division recently with secretary aviation in the chair. At the meeting, the chair also constituted a committee 5

November 20, 2018 1:56 PM Pakistan, IMF extend bailout talks after failing to reach agreement

ISLAMABAD: Pakistan has extended talks with the International Monetary Fund (IMF) after the two sides failed to agree on the terms of a bailout package, a finance ministry official said on Tuesday, with a final deal now expected by mid-January. Pakistan is negotiating its second IMF bailout since 2013 and talks were expected to conclude this month during 3

November 20, 2018 12:00 AM Online sales of fashion products growing

LAHORE: The rise of e-commerce in the past few years enabled through the internet and smartphone penetration especially in urban areas of Pakistan has considerably facilitated the online sale of certain categories, a statement said. The categories include fashion, travel, and IT, which account for the largest proportion of online transactions – 40, 31 and 29 percent 3

November 18, 2018 12:00 AM Emirates Group revenue up 10pc

KARACHI: The Emirates Group’s revenue went up 10 percent to AED 54.4 billion ($14.8 billion) for the first six months of financial year 2018/19, a statement said. The group saw steady revenue growth as compared to the same period of the last year; however, profit was impacted by the significant rise in oil prices, and unfavourable currency movements 3