IMC decides to launch Toyota Vios in Pakistan, Corolla GLi to be discontinued

KARACHI: Indus Motor Company Ltd (IMC) has finally decided to launch Toyota Vios in Pakistan after discontinuing the Toyota Corolla GLi, a...

PM’s luxury car auction commences, first sold for Rs1.1mn

A total of 102 vehicles including bulletproof cars are to be auctioned under Prime Minister Imran Khan’s austerity policy.

Asian shares tripped up by new U.S. tariff threat

U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday.

Pakistan has 151 million mobile phone subscribers  

ISLAMABAD: The telecom sector is one of the fastest growing segments of Pakistan’s economy as the number of cellular subscribers in the country...

FPCCI rebuffs govt’s reservations on CPEC

--Chamber president says public statements by top govt officials blaming China for unfair agreements will be damaging for Pakistan ISLAMABAD: The Federation of Pakistan...

PCJCCI facilitates Pakistani, Chinese investors through B2B talks

LAHORE: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) conducted various business-to-business (B2B) meetings at the ‘6th Pakistan China Business Forum-Industrial...

Macau to replace Qatar as world’s richest place  

Qatar is on track to lose its status as the richest place in the world to the Chinese gambling enclave of Macau. The...

ECC likely to approve 10 to 143 pc hike in gas price

--Petroleum division’s summary will be tabled today ISLAMABAD: The Economic Coordination Committee (ECC) is likely to approve 10 to 143 per cent hike in...

Volvo seeks US tariff exemption for Chinese-made SUV

Volvo Cars has asked the Trump administration to exempt the company’s Chinese-made mid-size XC60 SUV from new 25 per cent tariffs, the...

‘FTA between Pakistan, Turkey imperative for bilateral growth’

ISLAMABAD: Former ambassador Shahid Amin has said that Free Trade Agreement (FTA) between Pakistan and Turkey can potentially increase bilateral trade. In an interview...

Iran accuses KSA, Russia for taking oil market as ‘hostage’

LONDON: Iran’s Organization of the Petroleum Exporting Countries (OPEC) governor said on Saturday that Saudi Arabia and Russia have taken the oil...

Govt urged to take stakeholders on board for EDI protocols

-- Council suggests comprehensive review of import valuations to stem misuse and under-invoicing Pakistan Business Council (PBC) has urged the government that protocols...

Pakistan and China agree on upgrading ML-1 railway track

BEIJING: The Ministry of Railways and the National Railway Administration of China (NRAC) have undertaken initial work on Pakistan Railways’ Mainline 1...

Chinese trade mission to visit Pakistan on 26th

ISLAMABAD: Adviser to Prime Minister on Commerce and Textiles Abdul Razzaq Dawood has said a Chinese buying mission, consisting prominent businessmen and investors,...

IMF’s $3bn tranche to Argentina on hold as talks go on

The local peso currency has lost more than half its value against the US dollar this year as concerns swirled over the government’s ability to pay its debt obligations next year.