Sunday, January 11, 2026

PM’s aide urges UK companies to invest in Pakistan

ISLAMABAD: The United Kingdom can promote trade and investment opportunities in Pakistan by investing in competitive sectors, said adviser to Prime Minister on Commerce Abdul...

UK retailer Wilko collapses, putting 12,000 jobs at risk

British discount retailer Wilko said it has fallen into administration on Thursday, a form of creditor protection that puts its 12,000 jobs in danger. The...

FrieslandCampina Engro posts Rs177m profit for 2020

FrieslandCampina Engro Pakistan Limited (FCEPL) on Tuesday announced its financial results for the year ending 31st Dec 2020. "The business continued its strong growth trajectory...

Top rice exporter India bans most shipments as monsoon hits crops

India has prohibited the export of non-basmati white rice with immediate effect, according to a government notice on Thursday, after a late start to...

Samsung likely to post 35pc surge in third-quarter profit as smartphone sales recover

SEOUL: Samsung Electronics Co Ltd's September-quarter profit likely surged more than a third, fuelled by strong smartphone sales and a rush order of memory...

Veon to buy remaining shares in Jazz for 100pc ownership

Veon, a leading global provider of connectivity and internet services, has announced that its partner in Pakistan, the Dhabi Group, has exercised its put...

IBM to break up 109-year old company to focus on cloud growth

International Business Machines Corp is splitting itself into two public companies, capping a years-long effort by the world's first big computing firm to diversify...

FPCCI expresses concern over decline in foreign investments

'Foreign investors are reluctant to invest in Pakistan due to economic uncertainty, infrastructural backwardness and other bureaucratic hurdles' Federation of Pakistan Chambers of Commerce...

PIAF-Founders Alliance clean sweeps first phase of LCCI polls 

LAHORE: The PIAF-Founders Alliance on Friday won all seven seats of LCCI Corporate Class for year 2020-21. Out of total 3,179 votes, 948 were polled...

Saudi Aramco building global gas business to cut carbon footprint

DUBAI: Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more crude oil into chemicals in a bid...

US ban has ‘no effect’ on Huawei’s aviation business: official

SEOUL: US moves against Chinese tech titan Huawei have had "no effect" on the firm's aviation business despite several countries taking steps to block its...

PTCL Group achieves impressive 26.8% revenue growth amidst challenging economic conditions

ISLAMABAD: On Wednesday, Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services provider in Pakistan, announced its financial results for the first...

Restaurants’ boycott against Foodpanda expands to major cities

KARACHI: Restaurant owners of major cities of the country have joined a boycott against Foodpanda as the food delivery company has allegedly failed to...

FBR informs World Bank about recent tax reforms

ISLAMABAD: A meeting was held between the representatives of the Federal Board of Revenue (FBR) and World Bank on the tax reforms introduced by FBR...

Pakistan to be represented by officials at World Bank-IMF spring meetings

The World Bank Group and International Monetary Fund (IMF) are starting their 2023 spring meetings in Washington DC on Monday to discuss the uncertainties...