Cutlery exports decrease 3pc in seven months FY19

ISLAMABAD: The cutlery exports from the country decreased by 3.08pc during the first seven months of the current fiscal year as against the exports of...

Mitsubishi keen to enhance investments in Pakistan, PM told

PM reiterates his commitment to creating a business-friendly environment for foreign investorsISLAMABAD: Kimihide Ando, the chief executive of Japan's largest trading company, Mitsubishi Corporation,...

Volkswagen accelerates electric push as core brand margin slips

VW has brought forward its target of achieving a return on sales of 6pc to 2022, but this will also involve cutting jobsWOLFSBURG:...

Malaysia Airlines could be sold or shut down: PM

The airline has been on the ropes since 2014 when Flight MH370 disappeared and MH17 was shot down by a Russian-made missile over war-torn...

Pakistan, Turkmenistan to form JWG on electricity transmission line

'Govt envisions opening new vistas of regional electricity trade, besides offering exponential investment opportunities to entrepreneurs'ISLAMABAD: Pakistan and Turkmenistan will establish a joint working...

PM directs local oil, gas firms to speed up exploration

Petroleum ministry asked to minimise the time limit for approval of oil & gas companies and discourage unnecessary delays and involvement of red...

Govt urged to provide incentives to local auto parts manufacturers

IMC CEO says 10pc duty on above 1,700cc vehicles will ultimately reduce the number of salesSWAT: Indus Motor Company has demanded the government...

NBP president resolves to increase bank’s share price from Rs41 to Rs100

Arif Usmani, the newly-appointed President of the National Bank of Pakistan, has expressed his resolve to increase the bank's share price from Rs41 to...

Careem brought with it a boom in auto lending for the banks. Then came the interest rate hikes

Muhammad Irfan started his rental car business in 2015 with just one used car. Then came Careem and Uber and the boom in both...

Smugglers make hay as Indo-Pak tensions de-escalate

'Smuggled garlic from India is openly available in Lahore's vegetable market'Vegetable smuggling from India has resumed as tensions de-escalated between the two neighbours...

PIA lost luggage worth over Rs20m in five years

Pakistan International Airlines (PIA) lost luggage worth over Rs20 million in the last five years, an audit report released on Saturday revealed.The report stated...

Railways to be extended beyond Pakistan: minister  

Sh Rasheed says the railway system will be extended up to Iran, Afghanistan, Turkey, and Russia soonLAHORE: Pakistan Railways Minister Sheikh Rasheed Ahmad has said...

Cement exports from KP, Punjab down 16pc in eight months

LAHORE: The export of cement from the northern region of the country (Punjab and Khyber Pakhtunkhwa) has registered a decline of 16pc (1.86 million tonnes)...

Pak-Qatar Investment Forum to be held on 10th

PM's Advisor Abdul Razak Dawood and Board of Investment Chairman Haroon Sharif will attend the said forum in QatarISLAMABAD: Pakistan-Qatar Investment Forum would be...

Centre, provinces owe Rs42.4bn to DISCOs, Senate told

Minister says power generation companies have sustained a total loss of 79 million electricity units during the last two yearsISLAMABAD: Energy (Power Division) Minister...

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