Hayat Kimya set to invest $150 million in Pakistan’s consumer goods sector
LAHORE: Hayat Kimya, a subsidiary of Turkish entity Hayat Group will be investing $150 million in Pakistan’s consumer goods sector.
Hayat Kimya is...
Govt approves laying of gas distribution networks to woo voters
ISLAMABAD: To gather voter traction, the government in lieu of approval of over 100 gas supply schemes, lifted the ban on laying...
KP’s economic growth outpaces Punjab and Sindh, reveals Dr Pasha’s book
ISLAMABAD: Dr. Hafiz Pasha’s new book ‘Growth and Inequality in Pakistan’ has reported Khyber-Pakhtunkhwa registered the highest average growth rate of 5.1...
EDF rejects DEPO’s request for additional subsidy
ISLAMABAD: Defence Export Promotion Organization (DEPO) request to grant additional subsidy of Rs311 million has been rejected by Export Development Fund (EDF)...
Domestic debt surges by 71 percent during FY 2016-17
ISLAMABAD: Domestic debt of Pakistan rose 71 percent and external debt posted 29 percent increase during financial year 2016-17, according to Debt...
PPIB gives approval to Oracle Power for 700 MW coal power plant in Thar
KARACHI: Oracle Power has been given go-ahead by Private Power and Infrastructure Board (PPIB) for establishing a 700 MW coal-fired power plant...
Passenger car sales rise 22 percent rise during January
KARACHI: Passenger car sales posted a 22 percent increase in January 2018, touching 23,562 units against 20,884 units sold in January 2017.
Rupee’s...
CDWP approves 24 projects worth Rs284.8bn
ISLAMABAD: Central Development Working Party (CDWP) approved 24 projects worth Rs184.8 billion out of which 10 projects worth Rs169.6 billion were referred to...
Market Daily: PSX sheds 294 points, starts the week in red
LAHORE: Pakistan Stock Exchange (PSX) started yet another week in the red as indices kept shedding points from the very beginning. With...
Remittances grow 10pc to $1.6bn
KARACHI: Remittances increased 10.1 per cent year-on-year to $1.6 billion in January, according to data released by the State Bank of Pakistan (SBP)...
Foreign buyers express interest in Pakistani fruits and vegetables
ISLAMABAD: In the recently held exhibition in Berlin named “Fruit Logistica” more than 30 buyers who participated have shown interest in buying fruits...
Increase in petroleum prices due to hike in international market: Ministry of Petroleum
ISLAMABAD: Ministry of Petroleum on Monday informed the Islamabad High Court (IHC) that the government has increased the price of petroleum products due...
Industries minister stresses enhancing bilateral trade with Bosnia
ISLAMABAD: Industries and Production Federal Minister Ghulam Murtaza Khan Jatoi on Monday stressed the need for enhancing bilateral trade and investment relations between...
From rural Pakistan to Silicone Valley: A tale of fighting poverty
LAHORE: The story of Umaimah Mendhro, the founder and Chief Executive Officer (CEO) of VIDA, an e-commerce company that connects designers, producers, and...
Next 10 years will be golden era for Pakistan’s economy: Governor
KARACHI: Sindh Governor Muhammad Zubair has said that after the restoration of law and order and overcoming energy crisis, the next 10 years...