Not running away, says KIA Pakistan’s CEO, despite serious challenges
KARACHI: KIA Lucky Motors (KLM) CEO Asif Rizvi admits Pakistan is facing ‘very difficult times’ but at the same time he cited...
Despite international pressure, Pakistan proceeds with the second phase of CPEC
With one risky decision after another, it seems like the govt is fighting a battle against default, but on the side of default!Â
Abraaj founder released from custody after $19 million bail payment
Arif Naqvi will have to surrender his Pakistani passport, wear an electronic tag and remain under 24-hour curfew
LONDON:Â Arif Naqvi, the Pakistani...
Gwadar free zone being modelled after China’s Shekou Industrial Zone
BEIJING:Â Gwadar Port free zone would be modelled after the Shekou Industrial Zone in Shenzhen, China, comprising a port, an industrial park, and...
Govt urged to withdraw CNIC requirement for sales to unregistered persons
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) on Monday urged the government to immediately waive the CNIC requirement for sales...
Another online cab service to be inaugurated next month
ISLAMABAD: A Chinese company is all set to launch its ‘Buraq’ taxi service on Saturday (August 10) in six big cities across the...
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.
Turkish giant Arçelik eyes further expansion in Pakistan
The chief technology officer of Arçelik, the largest Turkish enterprise, visited Pakistan on an official visit from 14th to 16th of May,...
Shell Pakistan, Hyundai Nishat embark on landmark partnership
LAHORE: Shell Pakistan Limited and Hyundai Nishat Motor Private Limited have signed an agreement to ensure value for their customers. Bringing this...
Twelve foreign recruitment firms blacklisted in Pakistan
ISLAMABAD:Â The Bureau of Emigration and Overseas Employment (BEOE) has barred 12 foreign recruiting firms from hiring Pakistani workforce due to non-compliance with...
Beauty startup Conatural raises $825,000 in Pre-Series A round to scale click-and-mortar operations
LAHORE: Pakistan’s natural and organic skin and hair care brand, Conatural, has raised $825,000 in a Pre-Series A round from experienced institutional and...
Turkey’s ADO Group to invest in Pakistan’s real estate, construction industry
LAHORE: Turkish business giant ADO Group will invest in Pakistan’s construction and real estate industry, said Shafiq Akbar, Chairman of the Imarat...
FBR warns business community against under-invoicing, misdeclaration
The Federal Board of Revenue (FBR) has warned the business community against under-invoicing or misdeclaration of imported goods.
“Otherwise, the FBR will take...
PSQCA issues notice to beauty cream manufacturers over health concerns
Faiza Beauty Cream causes skin cancer, other diseases
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...