Swift industrial gas connections essential for industry revival: PIAF

LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the recommendation of the National Assembly Standing Committee on Petroleum and Natural Resources for...

Market Daily: PSX settles up amid SBP policy announcement 

LAHORE: The Pakistan Stock Exchange (PSX) carried forward its momentum from the second half of the last session and moved north. The market continued its...

Rs25.7bn allocated to textile sector under PM’s trade package

ISLAMABAD: The government has paid Rs25.7 billion to the textile sector under the first phase of Prime Minister’s Trade Enhancement Package which ended on...

SSGCL asked to ensure gas supply for towel manufacturers

ISLAMABAD: The Ministry of Commerce and Textile has asked the Sui Southern Gas Company Limited (SSGCL) to ensure the supply of gas to the towel...

‘Pakistan desirous of forging close trade ties with Africa’

ISLAMABAD: President Dr Arif Alvi said on Thursday Pakistan was desirous of forging close trade, commercial and investment ties with the African continent.Talking to Ambassador...

SBP welcomes entry of non-banks in payment systems

KARACHI: State Bank of Pakistan (SBP) Deputy Governor Riaz Riazuddin said on Thursday the central bank is facilitating the entry of non-banks in the area of...

Inflation touches 6.5% in November, decreases 0.3% MoM

On a month-on-month (MoM) basis, it decreased by 0.3 per cent in November 2018 as compared to an increase of 2.3 per cent in the previous month and an increase of 0.4% in November 2017

Asia’s LNG market experiencing shakeup as new countries start importing

LAHORE: Asia's LNG market that had long been dominated by Japan and South Korea is undergoing a transformation as Pakistan and Thailand have increased their...

Pak to enhance air & rail links with Kyrgyzstan

Water and Power Minister Khawaja Muhammad Asif in a meeting with Kyrgyzstan Parliament Speaker Chynybai A Tursunbekov has stressed upon the need for enhancing...

World Bank approves $300 million for modernizing agriculture in Punjab

WASHINGTON: World Bank on Friday gave approval for $300 million funding for modernizing agriculture in Punjab.Under the Strengthening Markets for Agriculture and Rural Transformation...

PQA earns approx $91mn through LNG operations

ISLAMABADThe Port Qasim Authority (PQA) has earned revenue of approximately $ 91 million from LNG operations since the inception of first LNG terminal in...

LCCI chief urges Greek businessmen to enhance trade

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) President Malik Tahir Javaid said on Monday that average trade around $70 million between Pakistan and...

3 Pakistani companies participate in Automechanika fair

KARACHIThree companies from Pakistan participated in the Automechanika fair in Johannesburg. The companies include Atlas Battery, Diamond Tyres, and Rastgar Engineering. The Trade Development...

PSX sheds 500+ points as international oil price falls below $50/barrel

At about 3 p.m. local time, international crude oil prices fell below $50, reaching a low of $49.24/barrel, the lowest since December 2016. As...

Participants remain absent from PSX on last day of trading week

LAHOREThe Pakistan Stock Exchange (PSX) settled the week after spending a dull and dry session. Investors preferred to stay on the sidelines as uncertainty...

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Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are...

The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles

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