10 banks sign deal to create Pakistan Corporate Restructuring Company
KARACHI: In a bid to revive sick industrial units,10 banks of the country signed an agreement to establish Pakistan Corporate Restructuring Company...
ICI Pakistan starts commercial production of Morinaga infant
KARACHI: The ICI Pakistan Limited has announced that its subsidiary NutriCo Morinaga Private Limited has commenced commercial production of infant formula products...
Govt to accelerate work on CPEC projects in 2020
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar has said that the pace of projects under the China Pakistan...
Bank Alfalah clinches Best Bank Award for 2019
KARACHI: Bank Alfalah clinched the Best Bank Award for 2019 at the 4th Pakistan Banking Awards ceremony held in Karachi the other...
Horticulture exporters fear huge losses as transporters’ strike continues
ISLAMABAD: As the transporters’ strike continues, horticulture exporters fear that they may face huge losses as perishable items in containers stuck at various...
Tobacco industry caused Rs153bn loss in three years
ISLAMABAD:Â The country's tobacco industry caused a whopping Rs153 billion loss to the national exchequer from 2016 to 2019.
This was informed by Campaign...
Center, Sindh at loggerheads over proposed gas pricing formula
ISLAMABAD: The federal government and the Sindh government are at loggerheads over the proposal to include the price of imported LNG in...
‘Pakistan’s textile exports to hit $26bn-mark in next five years’
Long-term textile policy likely to be presented for approval next week
K-Electric faces financial crisis as receivables reach Rs52.2bn
'With huge amounts pending in the form of receivables from Sindh govt, KE is facing severe constraints in running its day-to-day operations'
Anti-Russia elements active in conspiring against NSGP project
Pakistani govt terms media report regarding ban on Russian company involved in North-South Gas Pipeline Project as 'fake and fabricated'
PM inaugurates Rs510m Azakhel dry port in Nowshera
'Govt will sell and repurpose railways' land in order to pay for losses accumulated in previous regimes'
Cantonment boards approach MoF to settle revenue dispute with provinces
Finance ministry likely to take up the issue in next NFC meeting
SBP reserves cross $11.5bn markÂ
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $14.3 million on a weekly basis.Â
According to...
No agreed target for exchange rate under IMF programme: SBP
KARACHI:Â The State Bank of Pakistan (SBP) on Friday issued a series of tweets through its official Twitter handle, clarifying that the exchange...
Showroom of Pakistan’s first electric car company inaugurated in Lahore
LAHORE: Pakistan in collaboration with China recently introduced the first-ever electric car company, Topsun Motors, in Lahore.
Punjab Minister for Housing, Urban Development...