Naveena Group announces establishment of steel production plant at Port Qasim

KARACHI: The Naveena Group has announced to enter into the business of steel production by establishing a 300,000 TPA (tonnes per annum)...

Daniyal proposes amendment in loans for Agriculture, Commercial and Industrial Purposes Act 1973

ISLAMABAD: Minister for Privatisation Daniyal Aziz stressed the need for revisiting the Loans for Agriculture, Commercial and Industrial Purposes Act 1973, which...

Pak businesses should get benefits from special economic zones under CPEC: Chinese Ambassador

ISLAMABAD: Ambassador of China to Pakistan, Yao Jing has said that the business community of Pakistan should get benefits from special economic...

Canadian dollar notches 1-week high as jobs rise

TORONTO: The Canadian dollar strengthened to a more than one-week high against its US counterpart on Friday, adding to gains after Canada...

FBR brings 1000 new traders under the tax net

SIALKOT: The Federal Board of Revenue (FBR) has issued notices to 1,000 new traders to bring them under the tax net in Sialkot...

NHA plans to build 216 km Gilgit-Shandoor road

ISLAMABAD: National Highway Authority (NHA) intending to build 216-kilometre Gilgit-Shandoor road has issued tenders for hiring services of a consultant/ engineering organisation/...

Govt exported 1.2 MMT sugar during 2016-17: Pervaiz Malik  

ISLAMABAD: Minister for Commerce and Textile Muhammad Pervaiz Malik on Friday said that since the start of the crushing year 2016-17 up...

SBP injects Rs1,141.7bn into money market

KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs1,141.7 billion into money market for seven days as reverse repo through its...

Federal govt to table budget on April 27: Miftah

ISLAMABAD: Advisor to Prime Minister on Finance, Miftah Ismail has said that the federal government would present the budget for the fiscal...

12,000 MW power added in system, 20,000 MW more in the offing: Miftah

ISLAMABAD: Advisor to Prime Minister on Finance Dr Miftah Ismail Friday said the present government of Pakistan Muslim League-N had added around...

Pumping out water for Thar coal mining not to affect drinking water sources: SECMC

ISLAMKOT (THARPARKAR): Revealing some of the unknown facts and breaking a commonly perceived myth, Sindh Engro Coal Mining Company (SECMC) has clarified...

Boat pilot strike at Karachi port suspends services

KARACHI: The in and out services of ships at the Karachi port have been suspended as boat pilots have gone on a strike...

TDAP endeavouring to facilitate exporters

LAHORE: The Trade Development Authority of Pakistan (TDAP) is endeavouring to help and facilitate exporters of all product sectors with an aim...

Overseas Pakistanis remit $12.8bn in first eight months of FY18: SBP

KARACHI: Overseas workers remitted $12.8 billion in first eight month of the current fiscal year (July-February), which is up by 3.4 per...

Govt to provide grant of Rs1 to 4 lac to SMEs which acquire certifications

ISLAMABAD: The Ministry of Science and Technology has launched a “Certification Incentive Program” (CIP) for SMEs under Productivity, Quality and Invention (PQI)...