Pakistan Iran business forum to be held in Karachi
ISLAMABAD: While there still are many stumbling blocks in improving trade between Iran and Pakistan, a high powered business delegation of Iran visited Pakistan on...
Telenor closes all sales and services centres in Pakistan
Telenor Pakistan, the second largest mobile phone service provider, has decided to close all of its, 17, company-owned sales and service centres across Pakistan this month...
Chinese firms eye Pakistan amid Beijing’s ‘Silk Road’ splurge
Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months, a sign...
HBL’s profit increases 14pc to Rs8.4bn in 1st quarter 2019
HBL on Wednesday declared a consolidated profit after tax (PAT) of Rs3.2 billion with earnings per share of Rs2.08 for the first quarter of...
As utilities and the government resume capex, Fast Cables rebounds
The company expects an uptick in economic activity and investment from both the government and private sector to boost sales
PM directs ministry of finance to immediately release Rs104b on account of subsidy
In a meeting presided by the Prime Minister Nawaz Sharif on Monday which was also attended by officials of the Water and Power Ministry,...
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...
$300 million market and growing: worlds’ largest courier and parcel service joins hands with TCS
Karachi
Pakistan’s most recognized courier, logistics and e-commerce provider, Tranzum Companies and Services (TCS) has announced a partnership with United Parcel Limited (UPS), the world’s largest express...
Workers decry govt’s plan of privatisation of PIA, Steel Mill
KARACHI: A representative gathering of the labour here on Saturday expressed serious concerns on the proposed plans to privatise Pakistan Steel Mill and state-owned...
PLL’s inefficiencies cause losses to the tune of Rs.1.8b
ISLAMABAD: The country has faced a loss of approximately Rs1.8 billion in two months (May and July 2018) as Pakistan Liquefied Natural Gas Limited (PLL) has...
POL prices may surge by up to Rs8 from Oct 1
The prices of petroleum products in Pakistan are likely to go up by up to Rs12 in the next two months owing to an...
PIAF welcomes decision to disburse Rs100b refunds to exports industry
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has appreciated the decision of the government to disburse up to Rs100 billion towards outstanding refunds...
Mari Energies makes second gas and condensate discovery at Spinwam-1 well
Well produces 20.485 MMSCFD of gas and 117 BPD of condensate
Irfan Wahab Khan elected as OICCI president
KARACHI: Telenor Pakistan CEO and President Irfan Wahab Khan has been elected as the President of the Overseas Investors Chamber of Commerce and Industry...
Profit: The year that was
The great land theft
By Farooq Tirmizi
If there is a single place that can be thought of as the foremost cathedral to free-market capitalism, it...


















