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1-10 results from 1000 for query «growth»

February 17, 2018 12:00 AM NSS gross receipts hit 3-year high

ISLAMABAD: National Savings Schemes (NSS) on Friday said it has raised Rs622 billion gross receipts in the last six months of the current fiscal year 2017/18, which is the highest in last three years. “The National Savings has been meeting all its targets set by the finance division without fail,” the Central Directorate of National Savings (CDNS), said in a statement 1

February 16, 2018 1:57 AM Pakistan concerned over FATF watchlist move

ISLAMABAD: Pakistan has expressed serious concern over a motion submitted to the Financial Action Task Force (FATF) for placing it on a watchlist. Foreign Office spokesman Dr Muhammad Faisal said at a weekly briefing on Thursday that the FATF was an international body responsible for setting standards for combating money laundering and terrorist financing 1

February 16, 2018 12:00 AM Google’s app network quietly becomes huge growth engine

SAN FRANCISCO: Google makes ads show up in more smartphone apps than any other technology company. That is the core of a resurgent business for parent Alphabet Inc . Google´s ad network unit has posted three straight quarters of year-over-year double-digit sales increases. The business is nearing $20 billion in annual revenue, making it as important 1

February 15, 2018 12:55 AM PTCL consolidated profit surges 168pc

Correction: An earlier version of this newspaper report published online incorrectly stated that the consolidated profit had plunged, not soared. The mistake occurred while drafting the print report online. The error is regretted. KARACHI: Pakistan Telecommunication Company Ltd (PTCL) on Wednesday announced that its unconsolidated profit for the year ended

February 15, 2018 12:00 AM PSQCA seeks industry's help

KARACHI: The business community should help improve the standardisation of local products to ensure safety, cost efficiency, consistent delivery, and compliance, an official said on Wednesday. “About 50 more experts have been taken onboard to improve the performance of the Pakistan Standards & Quality Authority (PSQCA),” Muhammad Khalid Siddiq, director 1

February 15, 2018 12:00 AM Pakistan seeks UK investment in PIA, PSM

ISLAMABAD: Pakistan on Wednesday sought investment from UK in loss-making Pakistan International Airlines (PIA) and Pakistan Steel Mills (PSM) listed in the government early privatisation program. Minister Privatisation Daniyal Aziz, in a meeting with UK Prime Minister’s Trade Envoy to Pakistan Rehman Chishti, acknowledged UK’s interest for investment

February 15, 2018 12:00 AM SBP allows Islamic banks to offer long-term financing facility

KARACHI: The central bank on Wednesday allowed Islamic banks to offer long-term financing for plants and machinery to help improve their market share in the banking sector and give borrowers shariah-compliant alternatives. The State Bank of Pakistan (SBP) issued Islamic long-term financing facility (ILTFF) based on Mudarabah to provide shariah-compliant

February 15, 2018 12:00 AM Government eyes $61 billion export revenue in next five years

ISLAMABAD: Pakistan eyes more than $60 billion in exports revenue in the next five years, betting on a double-digit growth in outbound shipments so far in the current fiscal year, but industry officials linked the target with ease of doing business. Ministry of Commerce on Wednesday arranged consultative meeting with relevant stakeholders, including

February 14, 2018 12:00 AM PTDC plans to construct motels along CPEC route

Islamabad: Pakistan Tourism Development Corporation (PTDC) would plan to construct motels at China Pakistan Economic Corridor (CPEC) silk route to facilitate tourists in a better environment. Managing Director PTDC Abdul Ghafoor Tuesday said, "PTDC wanted to acquire land at CPEC silk route for the construction of motels to accommodate tourists both domestic 1

February 14, 2018 12:00 AM Pak-Canada joint working group meetings next month

ISLAMABAD: Pakistan and Canada have agreed to hold joint working group meetings in Islamabad during March to remove hurdles in enhancing bilateral trade and to develop partnership in trade, agriculture and investment sectors. The decision was taken during a meeting between Pakistan’s Commerce Minister Pervaiz Malik and Canada’s International Trade Minister