Pakistan set to export car part to Toyota Vietnam
ISLAMABAD: AuVitronics Limited, is set to export a car part to Toyota Motor Vietnam Co, Ltd. (TMV), making it a member of...
PSX settles flat at 34803.6 points
LAHORE: The Pakistan Stock Exchange (PSX) swung between red and green on June 9, finally settling at 34,803.60 points by the end...
PIA incurring Rs6bn loss per month, PM told
ISLAMABAD: Pakistan International Airlines (PIA) Chief Executive Officer Air Marshal Arshad Malik on Monday apprised Prime Minister Imran Khan that in the...
Govt devises plan to attract $5bn FDI in oil and gas industry
ISLAMABAD: The government has devised a plan to attract foreign direct investment (FDI) of $5 billion for the exploration and production of...
Prolonged lockdown to severely impact Pakistan’s economy: SBP
KARACHI: An increase in the time span of measures taken to curtail the Covid-19 pandemic spread in Pakistan will severely impact the...
Achasoda.com bids to simplify procurement for businesses
ISLAMABAD:Â Achasoda.com, a B2B e-commerce platform that can potentially simplify the procurement process for buying businesses has been launched in Pakistan.Â
The platform is...
Govt fails to rationalise tariff structure despite tall claims
ISLAMABAD: Despite making tall claims about 'tariff structure rationalisation after due consultations with stakeholders', the commerce ministry, industries & production ministry and...
Tobacco sector lobbying for tax concessions in upcoming budget
LAHORE: As the federal budget approaches the tobacco sector has stepped up its efforts to lobby for tax concessions, amid an economic...
Covid-19 global recession worst since World War II: WB
Pakistan’s GDP expected to contract 2.6pc for FY20, 0.2pc for FY21
Pakistan, Germany sign Rs700mn agreement on renewable energy
ISLAMABAD: Germany will provide technical assistance, worth Rs700 million, to Pakistan in the field of renewable energy and energy efficiency.
An agreement was...
Govt to ensure targeted disbursement of Rs50bn agriculture package, says Hafeez Shaikh
ISLAMABAD: Advisor to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh on Monday assured full support to a targeted...
Govt likely to allow petrol stations to set their own prices
As consumers across the country face difficulties due to petrol shortage, the government is currently contemplating completely deregulating pricing and marketing of...
Sindh textile millers demand up to 40pc reduction in gas tariff
KARACHI: All Pakistan Textile Mills Association (APTMA) Sindh-Balochistan Chairman Zahid Mazhar has demanded the government to reduce the tariff of indigenous gas...
Investments decline while savings increase amid high inflation
ISLAMABAD: The country’s investment-to-GDP ratio has declined during the last three years from 17.3 percent in 2017-18 to 15.4 percent in 2019-20...
Manufacturing, services report negative growth while agriculture thrives
ISLAMABAD: Due to the adverse impact of the Covid-19 pandemic, manufacturing and service sector have reported a negative growth of -5.6 percent...