Govt approves formation of 25-member national tourism coordination board
Pakistan Tourism Development Coordination will be reorganised and PTDC's Rs200bn worth properties will be transferred to provinces
ISLAMABAD:Â The government on Monday approved the formation of...
Afghanistan invites Pakistani companies for JVs in mining sector
ISLAMABAD:Â A delegation of Afghanistan Industries, Mines and Investment High Council, led by its Chief Executive Officer Mohammad Shabir Bashiry, visited Islamabad Chamber of Commerce...
Suzuki increases prices of Cultus variants
Lahore:Â Pak Suzuki Motor Company Limited (PSMC) has increased prices of Cultus variants after introducing some new features. These two variants are the VXL and...
11 exhibitors participating from Pakistan in Ambiente Fair, Frankfurt
KARACHI: More than 11 Pakistani exhibitors will be displaying their products at the Ambiente Fair that is being held from February 9-13 in Frankfurt,...
SECP’s Shariah Advisory Board approves Murabaha share financing product
ISLAMABAD: The Securities and Exchange Commission of Pakistan's (SECP's) Shariah Advisory Board (SAB) granted its approval to Murabaha share financing product proposed by the...
Oil rises on US stockpile draw and hurricane jitters
Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest fuel consumer,...
Five years on, flood-damaged hydel electric projects in Chitral remain inoperable
PESHAWAR: Due to the financial crisis faced by the Khyber Pakhtunkhwa government, completion of a number of important power generation projects in Chitral has...
TDAP supporting business sector to improve quality of products
LAHORE: Trade Development Authority of Pakistan (TDAP) is endeavoring to support and assist the business sector to help improve the quality and value of...
Basir Shamsie to helm JS Bank as President and CEO
LAHORE: JS Bank’s board of directors have appointed Basir Shamsie as the new President and CEO of the bank replacing the former CEO Khalid...
Pakistan’s petroleum consumption rose 9.64 percent during 2016-17: OCAC
ISLAMABAD: A report released by the Oil Companies Advisory Council (OCAC) for the year 2016-17 revealed Pakistan’s petroleum productions consumption grew by 9.64 percent...
US dollar touches Rs122 in interbank, closes at Rs121.50
KARACHI:  The dollar continued its upward trend in the interbank market on Tuesday closing at Rs121.50 against a dollar.
“The dollar touched Rs122 in the interbank today against...
NEPRA fines K-Electric over failure to provide reliable power supply in Karachi
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs5 million on K-Electric Limited on account of its failure to...
Nestle to pay $7.15 billion to Starbucks in coffee tie-up
Nestle, which will take on about 500 Starbucks employees as part of the deal, says its ongoing share buyback program would remain unchanged
PM inaugurates incubator for KP startups
KARACHI: Pakistan Telecommunication Company Limited (PTCL) and LMKT, an award-winning full-service technology company based out of Islamabad, announced the formal inauguration of National Incubation...
Chakwal Spinning Mills approves merger with tech firm
Company's board also approved the appointment of a consultant to facilitate the process
