Pakistan News

    Premier Refrigeration Enterprises Hyderabad India

  • Interest-free loans for small enterprises planned

    PESHAWAR: The business community and officials of Small and Medium Enterprise Development Authority (Smeda) have agreed on several points, including a proposal to establish a revolving fund for provision of interest-free loans to the small and medium enterprises in the provincial metropolis, in order to boost the local economy...

  • FBR issues notices to alleged owners of offshore enterprises

    ISLAMABAD: The Federal Board of Revenue (FBR) on Saturday issued notices to persons, who have been alleged of possessing offshore enterprises by the International Consortium of Investigative Journalists (ICIJ), said a statement issued by FBR...

    Mariam Nawaz is described as “the owner of British Virgin Islands-based firms Nielsen Enterprises Limited and Nescoll Limited, incorporated in 1994 and 1993”...

  • SBP redefines small, medium enterprises

    KARACHI: In a major move, the State Bank on Friday changed the definition of small and medium enterprises, while general reserve requirement against non-fund based small enterprises portfolio has been abolished...

    The SBP issued a detailed circular to all banks and development financial Institutions (DFIs) with amendments in prudential regulations for small enterprises (SEs) and medium enterprises (MEs)...

  • Credit to loss-making state-run enterprises up 45pc

    KARACHI: The loss-making public sector enterprises (PSEs) borrowed Rs115 billion during the first seven months of this fiscal year, reflecting the government’s utter failure to make them profitable...

    Recently, the International Monetary Fund has said that annual losses of ailing public sector enterprises swelled to 3...

  • Public enterprises eat up 3.5pc of GDP in debts

    KARACHI: The public sector enterprises’ (PSEs) debt has almost soared to Rs1 trillion at the end of third quarter of FY18, State Bank of Pakistan (SBP) reported in its latest issue of Statistical Bulletin for June...

    The debts of these enterprises reached 2...

  • Small and medium enterprises are in trouble

    Small and medium enterprises (SMEs) are borrowing more from banks despite a big rise in interest rates...

    The core purpose of that policy should be to enable our SMEs to compete with those of China, India and Bangladesh so that they can contribute more to our export growth...

  • AJK premier seeks India’s economic blockade by OIC

    MUZAFFARABAD: Azad Jammu and Kashmir (AJK) Prime Minister Raja Farooq Haider on Sunday called upon the government of Pakistan to convince the Organisation of Islamic Cooperation (OIC) to carry out economic blockade of India because of rising atrocities in held Kashmir...

    At a press conference, he said India had been applying the same tactics that Israeli forces used against Palestinians to suppress the liberation struggle in the...

  • India has lost control over IoK after repealing special status, says AJK premier

    Azad Jammu and Kashmir (AJK) Prime Minister Raja Farooq Haider on Monday said that by repealing the special status granted to Indian-occupied Kashmir (IoK), India has lost its control over the territory in its entirety...

    Earlier today, India's ruling Bharatiya Janata Party (BJP) stripped Kashmiris of the special autonomy they had for seven decades through a rushed presidential order on Monday...

  • Apple opens map development office in India's Hyderabad

    NEW DELHI: Apple said Thursday it will open a development office in Hyderabad, as its chief executive Tim Cook continued his India charm offensive with an investment boon to one of the country's top technology hubs...

    It pits Apple against Google, which has made maps a key focus of its attempt to forge inroads in India, a vast but largely untapped Internet market where almost a billion people are still not online...

  • 'India-backed' terrorist group busted in Hyderabad, police claim

    Hyderabad police on Friday claimed to have busted a gang which was reportedly getting funding from India to sabotage China-Pakistan Economic Corridor (CPEC) and target security personnel in Sindh...

    Hyderabad DIG Javed Alam Odho and SSP Pir Mohammad Shah held a joint press conference to share the details of the suspected terrorist group with the media...

  • TV cash scramble pushes Premier League spending past £1bn

    LONDON: Fear of missing out on the English Premier League's huge television money bonanza in 2016 has propelled transfer spending beyond £1 billion ($1...

    “We've seen Premier League clubs again use the January window to invest significantly in playing talent,” said Dan Jones from Deloitte's Sports Business Group...

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