Sales of motorbikes, three wheelers decline 9.9pc in Aug

ISLAMABAD: The sales of motorcycles and three-wheelers dipped 9.91pc in August 2019 when compared with the corresponding month of last year, Pakistan Automobile Manufacturing...

Over 20 Pakistani textile companies participate in Paris exhibition

A four-day biannual international textile exhibition titled “Texworld” is underway in Paris, France. More than 20 Pakistani textile companies are participating in the exhibition. Pakistan's...

ExxonMobil, Pakistan’s UGDC ink LNG import deal

ISLAMABAD: ExxonMobil, the world's largest oil and gas company, has inked a deal with Universal Gas Distribution Company Pvt Ltd (UGDC) wherein the company...

Industrial development programme for Pakistan launched

ISLAMABAD: The United Nations Industrial Development Organisation (UNIDO) and the Ministry of Industries and Production (MoIP) have signed an accord to formally launch the organisation's...

Senior Google female executive to lead Pakistan’s digitisation initiative

ISLAMABAD: The government has planned to take on board a female Google executive to put the digitisation initiative from the Prime Minister's Office on...

Bourse turns bearish, sheds 353 points

KARACHI: The Pakistan Stock Exchange retraced its footsteps following a weak finish to the previous session and traded lower throughout Wednesday. The foreign investors...

Huawei expects to see revenue uplift from 5G roll-out next year

SHANGHAI: Huawei Technologies expects the roll-out of next-generation 5G wireless networks to start contributing to the firm’s revenue from next year when China launches...

LPG production to be made mandatory at gas fields

The Petroleum Division is in the process of finalizing a new Liquefied Petroleum Gas (LPG) policy, under which the commodity production would be mandatory...

FBR restrains Inland Revenue from raids without approval

KARACHI: The Federal Board of Revenue (FBR) has restrained officials of Inland Revenue from conducting raids on taxpayers’ premises without approval, claimed a report...

SECP allows brokers to sell PSX shares

KARACHI: The government has completely pulled out restriction on brokers to sell their stake in the Pakistan Stock Exchange (PSX), claimed a report in...

Auditor General finds Rs201 billion discrepancy in FBR tax receipts

ISLAMABAD: The Auditor General of Pakistan (AGP) has discovered variations of Rs201.39 billion in the figures of tax receipts, and referred to these as...

Privatisation Commission recommends two options for LNG plants

ISLAMABAD: The Privatisation Commission (PC) board has recommended two options for the privatisation of billions of dollars worth of LNG-fired power plants to the...

Mobile phone import bill jumps 98 percent

LAHORE: Mobile phone import bill, on a month-on-month basis, in July doubled in terms of value from $37.3 million to $73.8m (97.85 per cent),...

Punjab mining officials booked over illegal extraction of gold from Indus River

LAHORE: The Punjab Anti-Corruption Department on Tuesday registered a case against Punjab Mines and Minerals Department officials and others for illegal extraction of gold worth...

‘Diversification of export products among top govt priorities’

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Tuesday that the government was focusing on the diversification of export products through...

Popular News

Bookings for Kia Picanto from next week

After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its customers. The company...

Latest News

Oil prices fall after Saudi pledge to restore lost output

NEW YORK: Oil prices retreated about 1pc on Wednesday, extending the previous day’s declines after Saudi Arabia said it would quickly restore full production following...