3 Pakistani companies participate in Automechanika fair

KARACHI Three companies from Pakistan participated in the Automechanika fair in Johannesburg. The companies include Atlas Battery, Diamond Tyres, and Rastgar Engineering. The...

Four outsourced trains generated Rs4.4b for Pakistan Railways in last four years

Islamabad: Four trains of Pakistan Railways (PR) are currently being operated by private companies under a public-private partnership programme. The trains have...

Thar coal project is providing women opportunities to break cultural restrictions

Islamkot: As Pakistan bets on cheap coal in the Thar desert to resolve its energy crisis, a select group of women is eyeing...

Exporters to EU advised to join REX before Dec 30th

Karachi: Pakistan is required to completely switch to the European Union's REX (Registration of Exporters) system for origin certification by December 30,...

Chinese firm to invest Rs4b for setting up soda ash plant in Punjab

Lahore: A Chinese company has decided to invest heavily in different sectors of Pakistan’s economy and it will start its venture by...

FBR faced Rs20b revenue collection shortfall for July-September quarter

Islamabad:  Federal Board of Revenue (FBR) failed to meet its first quarter (July-September) revenue target for financial year 2017-18, reported a local...

ICSID refused key witness testimony in Karkey RPP case

Islamabad:  Senior government officials said International Centre for Settlement of Investment Disputes (ICSID) had ignored Pakistan’s corruption claims and refused a key...

Ogra proposes Rs2.36 per litre increase in petrol price

ISLAMABAD After notifying due authorities the Oil and Gas Regulatory Authority (OGRA) has sent a summary to the Ministry of Petroleum and Natural...

Market daily: PSX stocks end flat on last day of dull week

LAHORE The Pakistan Stock Exchange (PSX) in its last session of the week traded both sides and the benchmark KSE 100 index closed...

Auto part manufacturers dreading rupee devaluation

KARACHI: The rumours surrounding the devaluation of the Pakistani Rupee (PKR) seems to have reached fever pitch, as auto part manufacturers ascertain...

KP gives nod to center’s proposal for forming upstream regulator

ISLAMABAD: Khyber-Pakhtunkhwa (KP) has given its nod to the center’s proposal for an upstream regulator that would overlook matters linked to oil...

LCCI to explore new markets for Pakistani goods

LAHORE: Exploration of new markets for Pakistani merchandise, reduction in the cost of doing business, water scarcity and strong liaison between public...

113 locomotives added to Pakistan Railways fleet since 2013

ISLAMABAD: Pakistan Railways has added 113 locomotives to its fleet since 2013 after overhauling them completely. The move has led to smooth...

Pakistan is the world’s fastest growing retail market, says: Euromonitor

LAHORE: Euromonitor International has proclaimed Pakistan as the fastest growing retail market globally, with the market expected to grow by 8.2 percent...

Tourism could contribute over $36.1b during the next decade to Pakistan’s economy

LAHORE: Improvements in Pakistan’s security conditions has resulted in increased tourist arrivals by more than three times since 2013 touching 1.75 million...