Thursday , August 17 2017

Business

Five Pakistani Companies emerges among Asia’s 200 Best Under A Billion on 2017 Forbes list

Islamabad: Five Pakistani companies Agriauto Industries, Cherat Packaging, Ferozsons Laboratories, Ghandhara Industries and Searle Company have made it to Forbes annual Asia’s best Under A Billion list for last seven years. “This year’s candidates come from 13 countries and averaged 55pc growth in sales, a 24pc profit margin, and 113pc …

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Aqsa Majeed becomes world’s youngest Chartered Accountant

Islamabad: Aqsa Majeed Memon, belonging from Sakrand town of Sindh Province has become the world’s youngest Chartered Accountant. Aqsa, a daughter of shopkeeper Majeed Ahmed Memon, born in 1999, got her early education from her hometown and passed took FIA course in September 2014 and completed it in August 2015. …

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Pakistan’s GDP growth rate is even higher than China: Harvard Study

Islamabad: Pakistan’s predicted annual growth rate over the next 10 years is nearly 6 per cent, according to the revised growth projections presented by researchers at the Centre for International Development (CID) at the Harvard University. This is a one-point GDP increase as in the CID’s earlier projections, Pakistan GDP …

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ADB, AFD approve $400m to accelerate energy reforms

Islamabad: The Asian Development Bank (ADB) and the Agence Francaise de Development (AFD) Friday approved over $400 million in loans to support Pakistan’s efforts to provide a more reliable and secure energy sector. The $300 million in ADB assistance, the third such loan under the Sustainable Energy Sector Reform program, …

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Sanctions on Iran still hampering IP gas pipeline project

Islamabad: Official sources in the Ministry of Petroleum and Natural Resources on Friday has said that a few international sanctions on Iran including ‘dollar transaction’ are causing delay in execution of the much awaited Iran-Pakistan (IP) gas pipeline project between the two countries. “As soon as the sanctions are completely …

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