Chinese automaker plans to bring electric vehicles in Pakistan

HEFEI: JAC Motor, a Chinese state-owned automobile and commercial manufacturer based in Anhui province, is planning to introduce electric vehicles in the...

Pakistan not ready to reap full benefits of CPEC

LAHORE: The commander of Lahore corps Lieutenant General Aamer Riaz, stressed the need to remodel institutions in order to get the maximum benefits...

A perfectly legit bugbear

For long years, the local automobile tyre manufacturers had whined about 2.5 million pieces being smuggled every year. While the smuggling has...

FBR advocating for transfer of land on open market rate

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to establish the ‘directorate of immovable property’ in order to enable the transfer of...

Tax rates for banks should be reduced in 2018-19: PBA

KARACHI: Pakistan Banks’ Association (PBA) has demanded from the government to delete Section III (4) of the Income Tax Ordinance 2001 and the...

Malakand tunnel project to be allocated more funds

ISLAMABAD: National Highway Authority (NHA) is in process of arranging an additional $85 million for the Malakand tunnel project as now it...

Agreement signed with S. Korea for employment of Pak workers

ISLAMABAD: In a ceremony held at the Ministry of Overseas Pakistanis and HRD on Wednesday, the Minister for Overseas Pakistanis and HRD,...

Biggest international home textile exhibition to be held in Frankfurt

KARACHI: Heimtextil, the world biggest textile exhibition for home and contract textiles, will be held from 8 to 11 January 2019 in Frankfurt...

Business community can enable Pakistan to become an economic giant: Mayor Lahore

LAHORE: Mayor Lahore Col (R) Mubashir Javed said on Tuesday that the business community has the ability to turn Pakistan into an economic...

JS Bank partners with Engro Foods to empower dairy sector

KARACHI: Working to build sustainable livelihoods for the people of Pakistan through monetary support and knowledge transfers, JS Bank has collaborated with...

Chinese investors seek business in local ceramics sector

LAHORE: A Chinese delegation from the city of Zibo has expressed keen interest to have joint ventures in the ceramics sector of...

Pakistan has high production costs due to expensive energy: Ishrat Hussain

ISLAMABAD: Former Governor State Bank of Pakistan (SBP) Dr Ishrat Hussain said on Thursday that Pakistan has a very high cost of production particularly due...

USAID launches ‘Challenge Fund’ to support local SMEs, entrepreneurs

ISLAMABAD: The United States Agency for International Development (USAID) has launched the Challenge Fund in order to support the growth of small...

Sugarcane pricing unsettling farming community

ISLAMABAD: The Senate Standing Committee on Food Security and Research has been told that the full price of sugarcane is not being paid...

Daniyal Aziz: PSM privatisation to continue, liabilities to be settled

ISLAMABAD: Federal Minister for Privatisation Daniyal Aziz chaired a high-level meeting with the officials of Sui Southern Gas Company Limited (SSGCL), National...