Big industry expands 6.6pc in October
ISLAMABAD: The large-scale manufacturing (LSM) sector grew 6.6 per cent YoY during October 2020, according to data released by the Pakistan Bureau of Statistics...
Pakistan’s gross borrowing requirement stands between 27-30 percent of GDP: Moody’s
Pakistan (B3 negative) alongside Argentina (B2 stable), Ghana (B3 stable), Mongolia (B3 stable), Sri Lanka (B1 negative), Turkey (Ba2 RUR-), Zambia (B3 stable) are the most vulnerable to a US dollar appreciation
Government pursuing business friendly environment: PM
ISLAMABAD:Â Prime Minister Shahid Khaqan Abbasi, on Tuesday, reiterated the commitment of the government to undertake all possible measures aimed at creating an enabling environment...
NIC Lahore extends application deadline for 2nd batch of startups
LAHORE: The National Incubation Centre (NIC) Lahore is now accepting applications for its 2nd batch of entrepreneurs aiming to make it big through their...
Carpet industry can increase employment manifold
The carpet industry has a huge potential to increase the employment opportunities, especially in the rural and far-flung areas of the country, facilitating and...
Khalid Siraj Textile Mills – textiles no more
A company that has been doing poorly for years is finally facing its reckoning
Exporters not following packaging standards for mango exports
ISLAMABAD: With the commencement of mango exports from May 12, registered exporters have complained that mangoes are largely being exported without following the packaging standards...
SBP deputy governor for review of banks’ business models to adapt to the changing landscape
KARACHI: State Bank of Pakistan Deputy Governor Jameel Ahmad has emphasised the need for a review of the prevailing banking business models to effectively...
‘Smart metering system’: CCoE seeks joint proposal from Power Division, IT ministry
ISLAMABAD: The Cabinet Committee on Energy (CCOE) has sought a joint proposal from the Power Division and the Ministry of Information Technology and Telecommunication...
PIAF seeks 10pc reduction in gas tariff for local industry
LAHORE:Â The Pakistan Industrial and Traders Associations Front (PIAF) has said that the cost of doing business has increased manifold, which would lead to a...
FBR contemplating to allow manufacturers to import raw materials under DTRE scheme
Mr Khokhar shared the government had agreed in principle to make payments of Customs rebate automatically on the realization of export proceeds and a proclamation in this respect would come soon
Karachi residents to get PKR 3.64/unit relief in May bills
NEPRA notifies relief of PKR 3.64 per unit for K-E consumers under February 2025 FCA
Investment scenario in Punjab improving fast: LCCI president
LAHORE:Â Investment scenario in Punjab province is improving fast as a large number of foreign investors have very recently signed agreements with the provincial government...
Pakistan becomes third largest importer of tea in world
The country spends almost Rs54bn per annum on the commodity
MULTAN:Â Pakistan is the third largest importer of tea in the world, spending almost Rs54...
LNG imports have saved Pakistan $1.7b
Lahore: The government gamble to import Liquefied Natural Gas (LNG) seems to have paid off as it has been assessed that the country had...
