Cargill commits to invest over $200mn in Pakistan

Cargill aims to partner on Pakistan's growth by bringing its global expertise and investment into the country PM says Pakistan is...

Current account deficit balloons 37% MoM to $1.7 billion in December

During the first half (July-December) of the current financial year 2018-19, the current account deficit declined by 4% year-on-year (YoY) to $8 billion compared to corresponding period of FY17-18 when it was recorded at $8.4 billion

APCTMA hopes mini-budget will facilitate tile manufacturers

'Domestic tile manufacturers continue to suffer owing to higher production costs and uneven competition from cheaper imported products' ISLAMABAD: All Pakistan Ceramic Tiles Manufacturers...

Indus Motor’s contributions to economy lauded

IMC chief urges govt to encourage local manufacturing of auto parts as it will generate employment and create a sustainable value...

‘Technological advancement imperative for Pakistan’s prosperous future’

CJCSC Zubair Mehmood Hayat urges chief operating officers to invest in education, as it will pave the way for a bright future KARACHI: The...

CPEC-funded Multan-Sukkur Motorway to be operational by August

Sukkur-Multan motorway has a design speed of 120km per hour, and it is a two-way six-lane road with a contractual value...

PSX down 28 points amid volatility

KARACHI: Volatility continued at the Pakistan Stock Exchange (PSX) for second consecutive session where the indices kept shedding gains to end the day...

Petroleum minister hints at establishing LNG storage facility

ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan has hinted at establishing a liquefied natural gas (LNG) storage facility to maintain the strategic stock of...

Govt working to increase renewable energy share to 30% by 2030: Power Minister

Mr Khan briefed the Ambassador regarding initiation of smart meter projects in various distribution companies and invited the Chinese investors for manufacturing the same in Pakistan

Divided and riven by crisis, UK searches for Brexit ‘plan B’

If May fails to forge consensus, the world’s fifth largest economy will drop out of the European Union on March 29 without a deal or will be forced to halt Brexit, possibly even holding a national election or even another referendum

Booming Qatar-Turkey trade to hit $2 billion for 2018 as Gulf rift drags on

Ankara has emerged as one of Qatar’s top partners since a Saudi Arabia-led bloc launched a trade and diplomatic boycott of the tiny Gulf state in 2017, sending additional troops and food to shore up Qatar’s needs just after it began

Pace of credit growth in Pakistan’s banking sector to slow, NPLs to rise: Fitch Solutions

Its projected loan growth at 13% in 2018, down from a forecast 15% in 2018, said the research agency

SECP, Sindh ink MoU for starting online business registration portal

Murad Ali Shah said the process of automation of all procedures for starting a business via Sindh Business Registration Portal was at its concluding stages

Auditors decline to certify PIA’s financial statements citing ‘missing record’: Report

The sources said the reason for the records went missing were pertaining to the transfer of its previous system into Oracle Enterprise Resource Planning (ERP), which kept a day-to-day record of business transactions

Russia willing to invest $2 billion in Pakistan’s water and power projects

The firm has expressed interest in investing in water and power projects which include 7,100MW Bulji, 2,200MW Tangus, 800MW Mohmand Dam, 52MW Nauseri and 2,800MW Yulbo projects