Traders protest ban on food export
KARACHI: Employers Federation of Pakistan (EFP) President Ismail Suttar has protested the recently announced two-week ban on food edibles imposed by Prime Minister Imran...
Business community lauds Saudi investment in Pakistan
ISLAMABAD: Pakistan's business community on Tuesday lauded Saudi Arabia’s commitment to investing billions of dollars into the dwindling economy of Pakistan.
Federation of Pakistan Chambers...
Economic revival, trade facilitation among govt’s top priorities: president
KARACHI: President Dr Arif Alvi said on Tuesday that revival of the country’s economy was the topmost priority of the present government.
Talking to a business...
Two new venture capital funds target Pakistani startups. Is there enough deal flow?
If you are an entrepreneur or startup investor in Pakistan, the odds are very high that you have met Kalsoom Lakhani. She is the...
Uber chief tightens grip with top execs’ departures
Uber chief Dara Khosrowshahi has put out a word that he is tightening his grip on the wheel at the ride-share firm in the...
Auto manufacturers await EV Policy to get industrial boost
ISLAMABAD: Local car manufacturers are anxiously waiting for Electric Vehicle policy, drafted by the present government to encourage the production of battery-run automobiles which...
Zameen.com’s parent company now has $100 million more to invest
DUBAI: Emerging Markets Property Group (EMPG) has raised $100 million in a Series D funding led by KCK Group and eight other investors, including...
Rupee continues to tumble, down 3.1 per cent
It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.
China, India aggressively buying cheaper spot LNG
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports in March.
The...
PM’s economic team lauded for chalking out Pak-China FTA-II
KARACHI:Â Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Engr Daroo Khan Achakzai on Saturday appreciated the strenuous efforts made by the prime...
Bill to extend FPCCI office-bearers’ tenure withdrawn
KARACHI:Â Karachi Chamber of Commerce and Industry (KCCI) has strongly opposed a proposed bill to extend the tenure of the Federation of Pakistan Chambers of...
On eve of bankruptcy, US firms shower execs with bonuses
Nearly a third of more than 40 large companies seeking US bankruptcy protection during the coronavirus pandemic awarded bonuses to executives within a month...
Balochistan Glass acquires 50% ordinary shares of MMM Holding
LAHORE: According to a Pakistan Stock Exchange (PSX) notification, the Balochistan Glass Ltd (BGL) has received a Notice of Punjab Announcement of Intention (PAI)...
Railways to float int’l tender for Royal Palm Country Club
ISLAMABAD: The Ministry of Railways is planning to float
an international tender to run the Royal Palm Golf and Country Club on
commercial lines and lease...
U.S., China sketch outlines of deal to end trade war: sources
Lower-level officials held a round of talks in Washington on Tuesday and Wednesday. They will be joined on Thursday by the top level negotiators, led by U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.
