In a market dominated by Toyotas and Suzukis, a Porsche dealership thrives in Lahore

Demand for luxury car in Pakistan is rising, and would rise faster if the government changed its import regulations, says Abuzar Bokhari

LPG price increases amid gas shortage in Sindh

KARACHI: The price of liquefied petroleum gas (LPG) went up on Saturday as most of Sindh continued to experience the shortage of natural gas. As...

PIA reduces fares for int’l flights

Pakistan International Airlines (PIA), the country’s flagship carrier, on Saturday slashed its fares for a limited time on international flights on the...

Boeing opens first 737 plant in China amid US-Sino trade war

ZHOUSHAN: Boeing opened its first 737 completion plant in China on Saturday, a strategic investment aimed at building a sales lead over arch-rival...

Gas supply to Lahore increased by 20mmcfd

LAHORE: Gas supply for Lahore region has been increased by the Sui Northern Gas Pipeline Limited (SNGPL) and an additional supply of 20...

‘Radio Pakistan receives Rs5.4bn but earns only Rs200m’

Info minister says govt plans to run the affairs of both PTV and Radio Pakistan through one board of directors ISLAMABAD: Disclosing a...

PIA debt exceeds Rs247bn

The debt accumulated by the Pakistan International Airlines has exceeded Rs247 billion, according to media reports on Friday. The Aviation Division informed the...

Pakistan seeks $2bn worth LNG from Qatar on deferred payment

ISLAMABAD: Pakistan is mulling to bring Liquefied Natural Gas (LNG) worth $2 billion from Qatar on a one-year deferred payment and negotiations in...

Govt to help local furniture manufacturers enhance their exports

LAHORE: Noting that Pakistani handmade furniture products have the potential to capture the world market, Punjab Governor Ch Muhammad Sarwar on Friday...

Asian LNG prices snap three-week losing streak as winter kicks in

Spot prices for January delivery edged up about 10 cents to around $8.90 per million British thermal units (mmBtu)

Pakistan receives second $1bn Saudi tranche

Earlier, the State Bank of Pakistan (SBP) in November had received $1 billion from Saudi Arabia.

Matco to setup joint venture company with Barentz International

The JV is being set up for the import, sales, and distribution of ingredients used in pharmaceutical, personal care, food & nutrition, and animal nutrition in the life science and food nutrition sector

Asian shares fall on poor Chinese economic data

Japan’s Nikkei 225 index slid 1.7 percent to 21,439.16 and the Kospi in South Korea lost 1.2 percent to 2,070.70

Engro Corp divests 29% stake in ETPL to Vopak for $31.378 million

In end-November it was reported Vopak would purchase a total 44% stake in Elengy Terminal Pakistan Ltd, which operates the country's first liquefied natural gas (LNG) import facility

Oil prices fall as investors take profits amid China economy worries

Brent crude oil futures were at $61.09 per barrel at 0353 GMT, down 36 cents, or 0.6 percent, from their last close