E-Commerce on ascend in Pakistan, Rs9.8b payments accepted through banks: SBP

ISLAMABAD: Business to consumer E-Commerce (e-B2C) is on the rise in Pakistan as 571 local e-commerce merchants were already accepting payments through...

PAC asks AGP to hold inquiry into purchase of expensive electricity

ISLAMABAD: Public Accounts Committee (PAC) Chairman Syed Khursheed Ahmed Shah, on Tuesday, directed the Auditor General of Pakistan (AGP) to hold an inquiry for fixing...

Pakistan sings bilateral FTA with China, Malaysia, Sri Lanka: Senate told

ISLAMABAD: Commerce and Textile Minister Muhammad Pervaiz Malik on Tuesday informed the Senate that Pakistan has signed bilateral Free Trade Agreements (FTA) with China, Malaysia and...

NA panel directs FBR to take revenue enhancing measures

ISLAMABAD: The National Assembly's Standing Committee on Finance and Revenue, on Tuesday, directed the Federal Board of Revenue (FBR) to take further measures to increase...

Pakistan demands relaxed tariffs from China under ASEAN

ISLAMABAD: As Pakistan and China are going to hold another round of talks on revising Free Trade Agreement (FTA) next month, Pakistan has...

Foreign airlines remit $ 1.5 billion from Pakistan in last two years

ISLAMABAD: During the last two years foreign airlines have taken out $ 1.5 billion in the form of remittances from Pakistan due to...

PTCL injects Rs 1 billion in U Bank

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has injected an additional equity of Rs 1 billion in U Microfinance Bank Limited (U Bank), which...

Govt import policies to put 0.7mn jobs at risk in the auto industry

KARACHI: Government’s policy of putting restrictions and eventually halting import of used cars will leave 0.6 to 0.7 million Pakistanis without employment,...

Government pursuing business friendly environment: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi, on Tuesday, reiterated the commitment of the government to undertake all possible measures aimed at creating an...

Iranian entrepreneurs keen to boost trade in agriculture products with Pakistan

ISLAMABAD: A delegation of Iranian entrepreneurs here on Tuesday expressed keen interest in developing strong agriculture-based trade relations with Pakistan. The delegation from West...

Honda’s quarterly revenue plunge 5pc, expenses surge 3 folds YoY

KARACHI: Honda Atlas Cars Limited (HCAR) saw a 5 per cent decline in its revenues for the quarter that began in October...

China considers Pakistan most important partner in foreign policy: Parliamentary body told

ISLAMABAD: Parliamentary Committee on China Pakistan Economic Corridor (CPEC) was informed here on Monday that China considers Pakistan the most important partner in its foreign...

PM emphasises enhancement of indigenous exploration, production

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi during a briefing by Pakistan Petroleum Exploration and Production Companies Association (PPEPCA) in Islamabad on Monday, said...

Reefland flagship store opens at Model Town Link Road

LAHORE: Reefland relaunched its flagship store at Model Town Link Road on January 19. The mega launch event started with a ribbon-cutting ceremony by...

Honda Pakistan achieves record breaking sales in 2017

LAHORE: Honda Atlas Cars Pakistan Limited (HACPL), an automobile subsidiary of Honda, announced its annual sales for the year 2017. The company has...