Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
PM confident of future despite ‘plunder’ by previous govts
Khan says past govts not only overburdened the country with excessive debts but also spoiled the institutions
ISLAMABAD: The prime minister said on...
Govt committed to decreasing cost of doing business, improve ease of doing business: PM
The government is also working on developing a national tariff policy to address issues of the business community and to remove anomalies in the existing tariff structure
Govt establishes business council to create jobs and enhance exports
From a total of 20 private sector members, four are from the textile sector, two from the cement sector and others from sports goods, automobile, logistics, retail, petrochemical, engineering and computer businesses
Asad Umar presents amendments to budget for ongoing fiscal year
Finance Minister Asad Umar on Tuesday announced a “mini-budget” in the National Assembly and said that if the government continues in the present economic trajectory, the country will be doomed.
Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan
At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.
Asian shares tripped up by new U.S. tariff threat
U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday.
‘Eighteen’ all set to strengthen its foothold in Dubai
DUBAI: Eighteen, a world class lifestyle destination development, has expanded its presence in UAE as it participated in one of Pakistan’s most successful...
‘FTA between Pakistan, Turkey imperative for bilateral growth’
ISLAMABAD: Former ambassador Shahid Amin has said that Free Trade Agreement (FTA) between Pakistan and Turkey can potentially increase bilateral trade.
In an interview...
Iran accuses KSA, Russia for taking oil market as ‘hostage’
LONDON: Iran’s Organization of the Petroleum Exporting Countries (OPEC) governor said on Saturday that Saudi Arabia and Russia have taken the oil...
China says Russian involvement pivotal in Belt and Road Initiative
BEIJING: Russia is China’s major partner in the implementation of the Chinese government’s development strategy Belt and Road Initiative, Yu Jun, adviser at...
Govt urged to take stakeholders on board for EDI protocols
-- Council suggests comprehensive review of import valuations to stem misuse and under-invoicing
Pakistan Business Council (PBC) has urged the government that protocols...
Chinese trade mission to visit Pakistan on 26th
ISLAMABAD: Adviser to Prime Minister on Commerce and Textiles Abdul Razzaq Dawood has said a Chinese buying mission, consisting prominent businessmen and investors,...
Private sector asked to invest in railway infrastructure
-- Sheikh Rasheed singles out train stations across the country as a good investment option
LAHORE: Pakistan Railways Minister Sheikh Rasheed on Saturday invited...
PACRA withdraws PEL’s Debt Instrument Ratings
PACRA has withdrawn Debt Instrument Ratings of Pak Elektron Limited (PEL) on September 13, 2018 with immediate effect.