Malaysian carmaker Proton to build assembly plant in Pakistan
The assembly plant, to be established near Karachi, will be Proton's first in South Asia
Malaysia's national carmaker, Proton, will collaborate with...
Petroleum minister asked to expedite inquiry into gas overbilling
ISLAMABAD:Â Prime Minister Imran Khan has directed Petroleum Minister Ghulam Sarwar Khan to expedite the inquiry into the excessive gas bills and bring...
‘Govt to restructure five public companies soon’
ISLAMABAD:Â Petroleum Minister Ghulam Sarwar Khan has announced that the board of directors of five public sector companies working under the aegis of...
Pakistan to export $1bn worth sugar, rice to China
'China has agreed to give concession on more than 300 tariff lines'
ISLAMABAD:Â Pakistan would export $1 billion worth sugar and rice to...
Mahmood Zia appointed as SNGPL managing director
ISLAMABAD:Â The government has appointed Mahmood Zia Ahmed as the managing director of Sui Northern Gas Pipelines Limited (SNGPL).
Mahmood Zia Ahmed has an...
BMW plans massive cost cuts to keep profits above water
MUNICH:Â German high-end carmaker BMW warned Wednesday it expects pre-tax profits "well below" 2018 levels this year as it announced a massive cost-cutting...
Apple launches new AirPods ahead of March 25 event
'The updated Airpods are powered by Apple's new chip, will have better battery life and include the option of a new...
Govt to install three olive extraction mills, six mobile units
'Olive extraction mills and mobile units will be installed during the next crop season under public-private partnership'
ISLAMABAD:Â The government is set to...
Govt all set to revamp textile sector: Dawood Â
'We are working on a progressive industrial policy that will be compatible with the emerging challenges and will be based on...
EU fines Google $1.69bn for anti-trust breach
'The tech giant has been fined for illegal misuse of its dominant position in the market for the brokering of online...
Crisis at India’s Jet worsens as it grounds planes, faces strike
Jet Airways is gasping under debts of more than $1bn and has now been forced to ground a total of 78...
Experts call for tax reforms to achieve economic stability
ISLAMABAD:Â It is deplorable to note that even today; the industry of Pakistan bears 72pc of the tax burden, while 28pc burden was...
US factory orders barely rise; shipments fall further
Manufacturing, which accounts for about 12pc of the economy, is losing momentum as the stimulus from last year's $1.5 trillion tax cut...
‘Islamabad SEZ facing delay owing to non-availability of land’
ISLAMABAD: The development of a special economic zone (SEZ) in the federal capital is facing a delay owing to the non-availability of the required...
SBP issues concessionary financing facility for special persons
KARACHI:Â The State Bank of Pakistan (SBP) has issued a concessionary small enterprise financing and credit guarantee facility for special persons.
SBP Governor Tariq...