Over 20 Pakistani textile companies participate in Paris exhibition

A four-day biannual international textile exhibition titled “Texworld” is underway in Paris, France. More than 20 Pakistani textile companies are participating in the exhibition. Pakistan's...

ExxonMobil, Pakistan’s UGDC ink LNG import deal

ISLAMABAD: ExxonMobil, the world's largest oil and gas company, has inked a deal with Universal Gas Distribution Company Pvt Ltd (UGDC) wherein the company...

Industrial development programme for Pakistan launched

ISLAMABAD: The United Nations Industrial Development Organisation (UNIDO) and the Ministry of Industries and Production (MoIP) have signed an accord to formally launch the organisation's...

Bourse turns bearish, sheds 353 points

KARACHI: The Pakistan Stock Exchange retraced its footsteps following a weak finish to the previous session and traded lower throughout Wednesday. The foreign investors...

Punjab mining officials booked over illegal extraction of gold from Indus River

LAHORE: The Punjab Anti-Corruption Department on Tuesday registered a case against Punjab Mines and Minerals Department officials and others for illegal extraction of gold worth...

‘Diversification of export products among top govt priorities’

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Tuesday that the government was focusing on the diversification of export products through...

IMF satisfied with Pakistan’s three-month performance

ISLAMABAD: The International Monetary Fund's (IMF) Middle East and Central Asia Director Jihad Azour has expressed satisfaction over the three-month performance of Pakistan. "Our team...

‘Pakistan to highlight energy-related opportunities in Japan conference’

ISLAMABAD: Pakistan would highlight the investment opportunities in its energy sector during the upcoming conference in Japan, scheduled to be held from Sept 24th to...

FBR sets up facilitative booth at Karachi Expo Centre

The Federal Board of Revenue (FBR) has set up an informative booth at the inaugural session of 'IT Minister's Forum for Youth, Innovation, Industry...

Chinese, Russian companies keen to revive Pakistan Steel Mills, PM told

ISLAMABAD: Prime Minister Imran Khan was informed on Tuesday that Chinese and Russian companies were taking a keen interest in the restoration of Pakistan Steel...

Stocks fall flat amid range-bound trading

KARACHI: The stock market ended flat in a range-bound session on Tuesday following the announcement of the monetary policy a day earlier. The indices remained...

Pakistan to export cigarettes worth $50m for the first time

ISLAMABAD: Although Pakistan has been exporting tobacco and tobacco products to various countries, now for the first time, the country is going to export...

Tax officials warned against abuse of power

ISLAMABAD: The Federal Board of Revenue (FBR) officials are defying their chairman's orders by continuing with raids on business premises. The tax department, through a...

Govt striving hard to rectify past economic blunders: Dawood

LAHORE: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Monday that 14pc rise in export and 18pc fall in imports in...

Won’t tolerate any negligence in tax collection, FBR chief says 

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has said the country's tax collection ratio has witnessed an increase, which would improve and strengthen...

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Bookings for Kia Picanto from next week

After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its customers. The company...

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Oil prices fall after Saudi pledge to restore lost output

NEW YORK: Oil prices retreated about 1pc on Wednesday, extending the previous day’s declines after Saudi Arabia said it would quickly restore full production following...