Foxconn to build a $10b plant in Wisconsin
Hong Kong: Taiwan-based contract manufacturer Foxconn Technology Group says it plans to build a $10 billion plant in Wisconsin to make liquid-crystal...
Pak envoy stresses for solidifying economic ties with France
Islamabad: Ambassador of Pakistan to France Moinul Haque has said that the existing level of economic, trade and investment cooperation would further...
Leading furniture brands to take part in Pakistan international trade fair: PFC
Lahore:Â The Pakistan Furniture Council (PFC) announced on Wednesday that all its leading local furniture brands will participate in the four-day Pakistan International...
FFBL posts loss of Rs249m in April-June quarter
Karachi: In a notification sent to the Pakistan Stock Exchange, Fauji Fertilizer Bin Qasim (FFBL) announced that it had posted a loss...
NA standing committee emphasizes for value-addition in textile sector
Islamabad: The National Assembly Standing Committee on Textile Industry on Wednesday emphasised the importance of value addition and promoting and facilitating garment...
Senate committee irked over FBR’s refusal to share tax record
The refusal of sharing the record of tax relaxations under the gift scheme by Federal Board of Revenue annoyed the members of...
FPCCI calls for steps to improve food and water security
Islamabad: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday called for improved food and water security.
The challenge of...
IMF launches new form of aid-with no money
Washington: The International Monetary Fund (IMF) announced on Wednesday it will launch a new tool to support governments in financial trouble —...
Govt releases only Rs1bn from Rs180bn bailout package in 7 months
ISLAMABAD
Though the government claims it has announced country’s biggest bailout package of Rs 180 billion for enhancing exports, it has only released...
Banks disbursed agricultural credit worth Rs704.5bn during FY2016-17
KARACHI
The commercial banks have surpassed the agricultural credit disbursement target of Rs 700 billion set by Agricultural Credit Advisory Committee (ACAC) for...
Wheat exports from Pakistan surge by 512.3pc during FY 2016-17
Islamabad: As many as 3,676 metric tons of wheat worth US$ 967,000 was exported during last financial year (2016-17) as compared to...
Stora Enso offloads 35pc equity stake in Bulleh Shah Packaging Ltd
Lahore: Stora Enso, one of the world’s biggest manufacturers of graphic papers for newsprint and magazine paper announced on Wednesday that it...
Oil tankers association calls off strike after successful negotiations with OGRA
Karachi: A formal announcement was made on Wednesday by All Oil Tankers Owners Association (APOTOA) of ending its strike after successful talks...
Telecom operators license fees to be reviewed: PTA
Islamabad: Pakistan Telecommunication Authority (PTA) has planned to undertake a survey and study for scrutinizing the renewal period of telecom operator’s licenses...
Pak Suzuki reports 39pc YoY increase in net profits
Karachi: One of Pakistan’s largest automobile manufacturers Pak Suzuki Motor Company (PSMC) reported its earnings for the first six months (Jan-June) 2017...