Unilever to invest $120 million for expansion of manufacturing operations across Pakistan

KARACHI: Unilever Pakistan on Monday announced a foreign direct investment of $120 million for expanding its manufacturing operations across the country over...

Is the mini-budget a ruse?

Measures announced in the mini-budget, the confusing stance regarding approaching the IMF could weigh heavily on the government's ability to tackle the issues threatening the economy

Govt will arrange $20bn from external sources, IMF told

ISLAMABAD: The government will arrange $20 billion from external sources to bridge the financial gap and to build the reserves for 2019, Pakistan informed...

NIC mandatory for buying/selling above $500: SBP

Exchange companies have expressed fears with the latest restriction, illegal traders would engage most of the sellers, which may lead to tightening of dollar supply in the kerb market.

Govt finally announces Pakistan’s 1st national food security policy

The NFSP anticipates 4 percent yearly growth in food production which includes fisheries, livestock and crops

‘PM Imran to inaugurate Rashakai Economic Zone on 21st’

PESHAWAR: National Assembly Speaker Asad Qaiser has said that the Rashakai Economic Zone, which has been built under the China-Pakistan Economic Corridor...

SNGPL and SSGCL recover losses from stolen gas by charging extra from consumers

ISLAMABAD: Following an approval from the Oil and Gas Regulatory Authority (OGRA), two state-owned gas utilities, SNGPL and SSGCL, are annually charging...

Fahad Qadir makes it to Asia Pacific’s ’40 under 40′ list

Fahad Qadir, Coca-Cola Pakistan's Public Affairs and Communications Director, has been selected as one of 40 young professionals under the age of...

POL discovers oil in Khaur, North Punjab

KARACHI: Pakistan Oilfields Limited (POL) has successfully discovered hydrocarbons at Khaur North in their Khaur D&P Lease area in which the company...

Turkmenistan agrees to revisit TAPI gas price

ISLAMABAD: Turkmenistan has expressed its willingness to revisit the gas price of Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline Project and the Pakistani government has constituted...

Bulls return to bourse, lift KSE-100 by 1,368 points

KARACHI: The Pakistan Stock Exchange (PSX) staged a massive rally on Tuesday, which propelled the KSE-100 Index up almost 1,400 points intraday. "The...

Mobile phone imports rise 81pc to $1.37bn in FY20

Pakistan imported mobile phones worth $231m in June 2020, depicting a 300pc increase over June 2019

Water shortage threatens cotton sowing and production

Cotton plantation in Punjab wasn’t as severely impacted by water shortage but could only be sown at 4.39 million acres or 77 percent of the targeted area set at 5.70 million acres

Sindh govt invites bids for Dhabeji SEZ

The Sindh government has launched the well-connected Dhabeji Special Economic Zone in district Thatta near Port Qasim, according to a statement issued...

PSX closes fourth consecutive session in red

KARACHI: The Pakistan Stock Exchange (PSX) continued with its losing streak for the fourth consecutive session on Thursday, as the indices that opened...