Extension in Pak-China currency swap deal termed ‘pleasing’
LAHORE: The business community on Tuesday welcomed the extension in the currency swap agreement between Pakistan and China terming it beneficial for the local...
A strong comeback: KIA launches Frontier K2700 pickup truck in Pakistan
In a short time, more KIA dealerships will be opening up across Pakistan, says KIA CEO
Another fake company loots over Rs240mn from 700 people in GB
ISLAMABAD: Over Rs200 million investment in a suspected online company, Pay Diamond, by as many as 700 people in the Ghizer district...
Pakistan exported record 370,000 tons of Kinnow in 2017-18
ISLAMABAD: Despite the unfavourable circumstances and various obstacles, Pakistan has exported a record 370,000 metric tons of Kinnow this year making it...
NIC Lahore extends application deadline for 2nd batch of startups
LAHORE: The National Incubation Centre (NIC) Lahore is now accepting applications for its 2nd batch of entrepreneurs aiming to make it big...
Ban on Indian fruit/vegetable exports to Middle East could give advantage to Pakistan
The ban on imports of vegetables/fruits from India by Gulf countries could help Pakistan to double its exports to the region, said FPCCI senior vice president Waheed Ahmed
Pakistan LNG imports climb 30 percent YoY in May 2018
-Also, Pakistan’s LNG imports soared by nearly 80 percent on a year-on-year basis (YoY) in April 2018, the second-highest amount ever recorded for a single month
-Balloki power plant passed its combined-cycle run on Monday
Remittances could be dented due to investment restrictions
As per market players, this stipulation announced in the budget for FY19 and set to apply from the 1st of July has hampered the flow of billions of dollars in investments in the realty sector
Differences between CEO, board mar NRDMF operations
The disaster management fund had been setup with a $200 million loan contracted from the Asian Development Bank (ADB)
Promising eBanking growth witnessed due to rise in economic activity
LAHORE: Although it is riddled with debt and inflation, Pakistan's economy is growing in terms of financial and economic activity. Rapid advances...
Urea sales dipped 8 percent YoY in May 2018
Urea sales in the period under review touched 480,000 tons, dipping 8 percent year-on-year (YoY), taking five months sales of the commodity to 2.1 million tons, up by 28 percent
Ogra launches new tariff regime for SSGC, SNGPL
The new revised tariffs regime would see the fixed rate used to determine the rate of return on assets and profitability be changed with a weighted average cost of capital (WACC)
SAARC cannot progress In isolation: Iftikhar Ali Malik
ISLAMABAD: SAARC CCI Senior Vice President (SVP) Iftikhar Ali Malik said that the SAARC, a regional organisation cannot progress in isolation and...
With conditions improving, investment to grow at 17.2pc of GDP
ISLAMABAD: With an overall improvement in the economic environment of Pakistan, investment is expected to grow at 17.2 per cent of the...
Capacity utilisation in cement reaches all time high at 95pc
KARACHI: With fifteen days of fasting falling in the month of May, cement consumption has slightly been affected as domestic despatches have...