Oil caught between trade talk hopes, weak China data
Oil futures received support from a broader financial market rally, which saw Asian shares hit four-month highs on Friday on hopes the United States and China could strike a trade deal
Pakistan Cables successfully negotiates Rs125 million purchase for manufacturing copper rod
In April last year, the company had offered 25% right shares for the purpose of acquiring machinery for its manufacturing expansion project, by offering 7,115,594 shares to existing shareholders at a price of Rs160 per share (including a share premium of Rs150 per share)
Factory activity shrinks across Asia as cooling China threatens global growth
The weak Purchasing Managers Index (PMI) readings reinforce expectations that central banks in Asia will put any further interest rate hikes on hold this year
Essential documentation ongoing for timely execution of TAPI pipeline project
The TAPI Pipeline Company Limited (TPCL), the consortium leader, has expressed the desire to hold an inaugural ceremony in March 2019, in Pakistan, inviting the head of states of all four countries
Govt slashes petrol price by 59 paisa per litre
The government on Thursday has reduced the prices of petroleum products for the month of February 2019.
According to notification, petrol price has...
Japanese investors keen to explore Punjab’s leather market
LAHORE: A Japanese delegation from Japan Gloves Industry Association (JGIA), led by Tomokuni Company CEO Seiji Tomokuni, visited Punjab Board of Investment...
Malaysia’s edotco keen to enhance operations in Pakistan
ISLAMABAD:Â Malaysian firm 'edotco Group' on Thursday expressed its commitment to transforming the telecommunications landscape of Pakistan.
Briefing the media about the future investment...
Zulfi Bukhari persuades British Airways to help promote tourism in Pakistan
BA officials appreciate govt for providing world-class facilities at New Islamabad International Airport
ISLAMABAD:Â In a bid to portray the positive picture of...
Pakistan’s first organic cotton bale harvested in Balochistan
Minister says Balochistan will be developing an organic agriculture policy soon
QUETTA: Balochistan has produced Pakistan's first organic cotton bale, while the...
5th Pakistan Mega Leather Show concludes
The three-day event showcased more than 150 stalls and attracted more than 15,000 visitors
LAHORE: The 5th Pakistan Mega Leather Show 2019, the...
OGRA recommends cut in petrol, diesel prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has worked out new oil prices under the monthly fuel price mechanism and forwarded a...
Pakistan says curbing power sector debt, seeks energy investors
ISLAMABAD:Â Pakistan expects debt being built up within its troubled power sector to level off this year and start falling, its power minister...
Govt striving hard to generate indigenous, affordable electricity: minister
Omar Ayub says new energy policy will focus on generating at least 20pc electricity from renewable resourcesÂ
ISLAMABAD:Â Power Division Minister Omar Ayub...
Electronics industry grows 7.8pc in first quarter FY19
'Improvement in electricity supplies alongside an extended summer season drove the demand for the electronic goods'
ISLAMABAD:Â Continuing on its strong growth trajectory,...
SBP to announce bi-monthly new monetary policy tomorrow
The bank had hiked policy rate by 150 basis points to 10pc in November last year Â
The State Bank of Pakistan (SBP) would...