OMC sales volume falls amid increasing competition
LAHORE:Â Sales volume of the petroleum industry fell 6 per cent in the month of October, standing at 1.65 million tonnes due to...
Top banks reassure complete safety to their customers
KARACHI:Â In light of the recent news with regard to cyber-attacks, the top banks of Pakistan have reassured complete safety of their valuable...
Alibaba’s Alipay acquires 45pc shares of Telenor Microfinance Bank
CCP approves Alipay as first mover in Pakistan's e-commerce and digital banking industry
ISLAMABAD:Â Alipay secured the first mover advantage in the online...
Cement sector profits decline 42pc in first quarter FY19
‘Stagnancy in domestic consumption and increasing input costs are badly hurting the bottom line of cement sector’
ISLAMABAD:Â The spokesman for All Pakistan Cement...
Banking sector in shambles over a plausible cyber-attack
MCB, ABL, other major banks reassure customers’ safety, SBP certifies only Bank Islami was affected
SBP rejects media reports, says data of only one bank hacked
The State bank of Pakistan (SBP) has ‘categorically’ rejected the reports circulating in the mainstream media that the data of most banks...
Seminar highlights innovative practices in aviation industry
Airbus forecasts a demand of 250 passenger aircraft to serve Pakistan’s market by 2037
KARACHI:Â Airlines from across Pakistan met recently at the...
Hackers steal data from ‘almost all Pakistani banks’: FIA
A cybersecurity service says at least 19,864 debit card details belonging to 22 Pakistani banks are being sold on the dark web
Toyota lifts full-year profit forecast on weaker yen
During the July-September quarter, it posted a 20 percent jump in sales in China, which helped to lift overall sales in Asia by 9.2 percent to 417,000 units during the period
Oil drops on Iran sanction exemptions, economic concerns
International Brent crude oil futures were down 28 cents, or 0.4 percent, at $72.89 a barrel
Industries in dilemma, as dispute arises over rates of subsidized gas supply
According to the memorandum, the cabinet decision came into effect on October 16th instead of September 27th, when the federal government gave go-ahead to new gas rates which have been opposed by Aptma
Oil industry seeking foreign currency exposure to be included in pricing of petroleum products
During the meeting last week, the oil industry had put forward the case for a continuation of 7.5% deemed duty on diesel refining and rise to 9% despite the Senate standing committee on petroleum order to scrap the deemed duty
Zilt Proefbedrijf interested in setting up joint venture in agriculture sector
Zilt Proefbedrijf, for a decade, has been researching the salt tolerance of existing, conventional agricultural crops which could give food in saline areas
Decrease in sales tax on petroleum products may cause Rs60 billion in losses
To shield the end consumer from the full impact of rising oil prices, the government has been reducing sales tax which according to tax authorities estimates a sharp decrease of 46 percent in revenue collection in November 2018
Pakistan Furniture Council signs three MoUs with Chinese companies
ISLAMABAD:Â Pakistan Furniture Council (PFC) on Monday inked three memorandums of understanding (MoUs) with Chinese companies for consultations in the furniture sector, transfer...