Nimir denies entering FMCG market

Nimir Industrial Chemical Limited (NICL) has issued a clarification in response to a media report claiming that ‘Nimir has entered the fast-moving...

Australian company keen to invest in Pakistan’s renewable energy sector

PM assures Fortescue Metals Group chairman of all possible facilitation in undertaking business ventures in Pakistan

Malls consider reducing rental waivers as Covid-19 cases decline

KARACHI: As the coronavirus cases decrease in the country, leading malls may be looking towards reducing waivers on rentals which poses a...

KCCI rejects hike in power tariff, demands immediate withdrawal

KARACHI: Karachi Chamber of Commerce & Industry (KCCI) President Agha Shahab Ahmed Khan has said that the announcement of up to Rs2.80 per...

Alibaba beats estimates as pandemic fuels online, cloud computing demand

China’s Alibaba Group Holding Ltd beat quarterly revenue and profit estimates on Thursday, as its core commerce and cloud computing businesses continued...

Punjab govt announces new working hours for businesses

LAHORE: The Punjab government has decided to change business hours in the province to prevent the resurgence of deadly coronavirus that has...

Zoom opens new data centre in Singapore

SINGAPORE: Zoom Video Communications has opened a new data centre in Singapore, its first in Southeast Asia, it said on Tuesday. Use of...

2Q2020: Jazz sees 41pc increase in active mobile account users 

ISLAMABAD: Telecom operator Jazz's overall subscriber base grew by 5.6pc year-over-year to 62.8 million during the second quarter of 2020, while it's 4G...

Businessmen Group sweeps KCCI polls as 15 members elected unopposed

KARACHI: All candidates of the Businessmen Group (BMG) have been elected unopposed for the Managing Committee of Karachi Chamber of Commerce &...

Covid waiver down to 25pc by Dolmen REIT

BoD decides to waive 25pc rent for tenants having retail outlets in 'Dolmen Mall Clifton' for the month of Aug 2020; minimum rent will not be charged to those who are closed or have limited operations 

Govt’s ‘smart lockdown strategy’ proved beneficial for businesses, traders say

ISLAMABAD: The business and traders' community has hailed the government’s smart lockdown strategy adopted during Covid-19, saying that it benefited the local...

KP traders demand round-the-clock opening of businesses

PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) President Engr Maqsood Anwar Pervaiz on Saturday complained that despite clear directions from the...

Worldcall reannounces takeover by ARY Digital Network

Share price of WTL increases 41pc within 24 hours after the announcement

Apple says it has no interest in buying TikTok

Apple Inc has no interest in acquiring TikTok, the company said on Tuesday, denying a report by news website Axios from earlier...

McDonald’s global sales suffer as Covid-19 lockdowns limit operations

McDonald’s Corp on Tuesday reported a broad drop in global same-store sales and missed profit expectations, as its restaurants were shut due...