Petrol prices remain unchanged, at least for now

In its summary, OGRA had suggested Rs14.37 per litre increase in petrol prices, Rs4.89 per litre increase in diesel prices, Rs7.46 per litre in kerosene oil and Rs6.40 per litre hike in Light diesel prices.

Why are exporters crying foul against the SBP? 

The entire matter hinges around one thing: how long exporters take before converting the proceeds for their exported products into PKR and bringing them home.

Oman awards road infrastructure projects to NESPAK

LAHORE: NESPAK has been awarded mega road and infrastructure projects in the Sultanate of Oman, enabling a Pakistani engineering firm to generate...

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.

Taking Pakistan higher on the World Bank ladder

In the realm of creating an environment for ease of doing business, Ms Fareena Mazhar is hoping that BoI would find an ally in the coming PTI government

Business community urged to make transactions in rupees

'People must refrain from propaganda and speculations and adopt legal way of currency transaction' ISLAMABAD: Federation of Pakistan Chamber of Commerce and Industry...

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...

Telenor and Kistpay partner for smartphone financing 

The two aim to jointly provide Shariah-compliant instalments for lower and middle-income customers

FCCL expects double-digit growth in cement despatches this year

LAHORE: The management of Fauji Cement Company Limited (FCCL) is expecting a double-digit growth in cement despatches for the financial year 2019-20 (FY21),...

Foreign investors urge govt to address anomalies in 2023-24 Budget

Foreign investors have expressed their concerns to the government regarding certain flaws in the 2023-24 budget. They are urging the government to...

“Khao kasam,” says OLX to its sellers before finalising a deal 

OLX makes sellers take a religious undertaking to earn commission from the proceeds 

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...

Competition commission approves Coca-Cola Turkey’s acquisition of Coca Cola Pakistan 

ISLAMABAD: The Competition Commission of Pakistan (CCP) has given the green light to Coca-Cola İçecek (Turkey) for the acquisition of 49.67 %...

Footwear exports surge 13pc in 11 months

ISLAMABAD: The footwear exports from the country witnessed an increase of 13.02 per cent during the first eleven months of the fiscal...

Amazon buys 11 aircraft to make deliveries faster

Amazon.com Inc said on Tuesday it bought 11 Boeing 767-300 aircraft, as it looks to boost its delivery capabilities to cater to...