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Pakistan allegedly restricting foreign airlines from converting currency in a bid to keep rupee afloat
LAHORE: The International Air Transport Association (IATA) warned that airline funds for repatriation blocked by governments have risen by more than 25% ($394 million)...
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Govt readies plan to import Turkmen LPG via Afghanistan
ISLAMABAD: Faced with a gas shortage crisis as winter sets in across the country, the government has drawn up comprehensive plans to import Liquefied...
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Make CNG great again, association leader advises govt
ISLAMABAD: Pakistan’s Compressed Natural Gas (CNG) association believes that it has the solution to the government’s biggest problem – reducing foreign currency payments abroad...
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Imported automobiles hit 3 year low
LAHORE: The Pakistan Bureau of Statistics (PBS) released its import data for the month of October 2022, which paints a not-so-pretty picture for automotive...
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Pizza Hut is set to be sold. But what went wrong with the fast food franchise?
LAHORE: After months of being shuttered, the franchises of Pizza Hut and Burger King are set to re-open in Pakistan after a change in...
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If we’re getting oil from Russia, why not Iran?
ISLAMABAD: As the latest announcement from the government came on Monday regarding positive discussions with Russians on several proposals involving oil and gas, a...
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Fatima Fertilizer eyes expansion
In an expansion bid, the Fatima Fertilizer Company Limited (FATIMA) has decided to consolidate its fertilizer business by merging its associate company, Pakarab Fertilizers...
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Bumpy year ahead as tractor industry braces for lowest sales in 15 years
LAHORE: In an emergency meeting held on Monday, Chairman of Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM) Munir Bana predicted a collapse...
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