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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)...

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...

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...

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...

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...

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...

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...

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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