Dewan Motors recognised for its achievements
KARACHI:Â BMW Group Middle East recently celebrated the successful completion of 2017 at the BMW Presidents Circle in Japan, a company statement said...
ICCI to hold business conference in Istanbul on June 27
ISLAMABAD:Â The Islamabad Chamber of Commerce and Industry (ICCI) will organise a business opportunities conference and award ceremony in Istanbul Turkey on June...
OGDCL – Another tale of misplaced priorities Â
ISLAMABAD: It seems that all is not well at the Oil and Gas Development Company Limited (OGDCL) as blue-eyed officers/officials have been...
Market Daily: Indices make a comeback, gain 484 points
Foreign investors were net buyers, at last, and the market posted return of 1.15 per cent or 484 points in a single day, closing at 42,623 index level.
Biggest international home textile exhibition to be held in Frankfurt
KARACHI:Â Heimtextil, the world biggest textile exhibition for home and contract textiles, will be held from 8 to 11 January 2019 in Frankfurt...
Financing agreements worth $400mn signed with World Bank
ISLAMABAD: Economic Affairs Division here on Tuesday signed two financing agreements worth $400 million with the World Bank Group. These include Punjab Cities Programme ($200...
Pakistan diluted proposed tobacco health warnings after Philip Morris, BAT lobbying
Instead of 85 percent, the new rule, which comes into effect on June 1, requires warnings that cover 50 percent of the pack - up from 40 percent now - rising to 60 percent in a year’s time
LCCI strongly opposes increase in POL prices
The increase in petroleum prices would increase the input cost of agriculture production as high-speed diesel is being used in tractors, tube-wells, harvesters, thrashers and other agriculture machinery
Textile industry financial crunch worsens, as it awaits release of outstanding tax refunds
Exports nosedived by 12.36 percent during 2015-16, touching $21.97 billion and worldwide exports also posted a fall of meagre 1 percent
Fertilizer off-take posts 27 percent YoY increase touches 558,000 tons in April
Di-ammonium phosphate (DAP) sales recorded a 28 percent fall in April 2018, touching 60,000 tons compared to 96,000 tons in April 2017
China extended $4.4 billion loans to Pakistan during first ten months of FY18
Budget makers had determined loans in the range of $8.09 billion for the current financial year 2017-18 but it surpassed that target by touching $9.6 billion in the first 10 months (July-April) 2017-18
ExxonMobil purchases 25 percent shareholding in offshore drilling in Pakistan
Previously, Italian energy giant Eni, Pakistan Petroleum Limited (PPL) and Oil and Gas Development Company (OGDC) held 33 percent share each in offshore drilling in Pakistan
FBR permits resale of duty exempted plants
FBR made it clear, the number of input goods for domestic sale couldn’t cross 10 percent of total imports per annum
Water shortage compels Punjab to dissuade farmers from planting sugarcane crop
Water shortage during the early part of the Kharif season has risen to an alarming 45 percent from initial projections of 32 percent against average uses.
China’s loans to Pakistan aim to drive economic development
Pakistan expects to obtain $1 billion to $2 billion of fresh Chinese loans to help avoid a balance-of-payments crisis.