PASDEC, LCCI to develop mines and minerals

LAHORE The Lahore Chamber of Commerce & Industry and Pakistan Stone Development Company (PASDEC) on Monday, signed a Memorandum of Understanding, to ensure...
LUCKY

Lucky Cement officially cuts prices by 4.5pc in North to Rs 525 bag

KARACHI Lucky Cement (LUCK) has cut its prices by around Rs 25 per bag to Rs 525 in North, with effect from August...

Industries secretary lauds Indus Motor Company’s practices

KARACHI “Indus Motor Company (IMC) sharing its experiences within and outside the company is encouraging, and we can move on the path of...

APBF urges govt to adopt holistic approach toward agriculture, industry

KARACHI All Pakistan Business Forum President Ibrahim Qureshi has asked the new government to adopt a holistic approach aimed at developing both the...

PQA earns approx $91mn through LNG operations

ISLAMABAD The Port Qasim Authority (PQA) has earned revenue of approximately $ 91 million from LNG operations since the inception of first LNG...

PSX’s BoD move to hire Canadian national as MD

KARACHI The Board of Directors of the Pakistan Stock Exchange (PSX) has shortlisted the name of a Canadian equity expert for the post...

Dar chairs meeting to review country’s state of economy

ISLAMABAD Finance Minister, Senator Mohammad Ishaq Dar, chaired a meeting at the ministry of finance on Monday, to review the external account position,...

Cement prices in Northern region decrease by Rs 10-25 per bag

LAHORE The cement prices in the Northern region of the country have come off by Rs 10-25 per bag to an average of...

Market daily: bears drag PSX close to 42,000pts

LAHORE Bears held their grip over the Pakistan Stock Exchange (PSX) in the first trading session of the week. Having hit hard by...

Commodities sizzle as global stocks touch five-week low

London: World stocks struggled at a 5-1/2-week low on Monday, though metals dazzled with zinc at its highest in a decade, copper...

Telecom sector profit repatriation to headquarters reach $177m for FY 2016-17

Islamabad: According to data compiled by the State Bank of Pakistan (SBP), it has been reported that telecom companies repatriated dividends worth...

Govt releases Rs53.615 billion for development projects

Islamabad: The government has so far released Rs53.615 billion under its Public-Sector Development Programme (PSDP) for the fiscal year 2017-18 for various...

Oil tankers association strike called off amidst reassurances from Sindh Governor

Karachi: The All Pakistan Oil Tankers Association (APOTA) has called off its plan to hold a strike which was due to start...

Trafigura to acquire 51pc stake in Pakistani oil marketing company, Admore

Lahore: Geneva based Swiss oil trading company Trafigura has shown an interest in acquiring Pakistani oil marketing company Admore for $40m. Trafigura is...

Sinopec may be awarded oil and LNG supply contract

Islamabad: Sinopec, one of China’s largest energy conglomerate could be assigned multi-billion-dollar oil import and LNG supply contracts on a government-to-government approval...