ECNEC approves development projects worth billions

ISLAMABAD: A meeting of the Executive Committee of the National Economic Council (ECNEC) at its meeting here on Tuesday approved phase three of overseas...

Suzuki, after Toyota, announces to suspend booking of non-filers

ISLAMABAD: Those willing to purchase or import new vehicles are left with no options but to become filers as the assemblers, after...

PLTC imposes $20 mn penalty on PGPC over delays in completion of LNG terminal

ISLAMABAD: Pakistan LNG Terminal Company (PLTC) has imposed another penalty worth $20 million on Pakistan Gas Port Consortium (PGPC) due to the...

Alibaba’s entrance to enhance Pakistan’s digital economy

Analysts often cite the absence of PayPal as among the impediments to the growth of e-commerce in Pakistan.

US, EU investors interested in buying combined 9.59 percent stake in Meezan Bank

The other major shareholders in Meezan Bank are Islamic Development Bank and Pakistan Kuwait Investment Co

FPCCI prepares research report on textiles under PM’s instructions

ISLAMABAD: The Research and Development (R&D) department of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has prepared a detailed document...

Financial management key to successful businesses: SMEDA

LAHORE: Financial management is the main driving key to run a successful business. It was unanimously observed by the speakers while addressing...

Philip Morris to only produce smoke-free products in its factory in Greece

Philip Morris International Inc (PMI) announced that the factory of its Greek affiliate (Papastratos) in Aspropyrgos, has ceased cigarette production and is...

Govt releases Rs150 bn to IPPs without pre-audit checks

ISLAMABAD: Sources close to the Power division have revealed that the Ministry of Power has released around Rs150 billion to Independent Power Producers...

Dewan Cement in sweet spot to gain cement share of Bhasha dam

KARACHI: Dewan Cement Limited (DCL), a renowned cement manufacturer of the country, eyes on the rising cement demand in Pakistan in general...

Construction of small dams imperative, awareness of water conservation necessary: FPCCI

ISLAMABAD: FPCCI Chairman Coordination Malik Sohail on Sunday said conflicts over the construction of large dams has wasted a lot of national...

Gas consumption witnesses 20pc increase in 8 months

ISLAMABAD: The consumption of natural and liquefied petroleum gas has witnessed around 20 per cent increase during eight months of the current...

Mineral Transformation Plan launched to improve productivity, enhance exports

ISLAMABAD: The Ministry of Planning and Development has started a new initiative – Cluster Development Based Mineral Transformation Plan – to improve...

APCMA urges govt to decrease taxes, FED on cement

ISLAMABAD: The All Pakistan Cement Manufacturers Association (APCMA) has urged the government to decrease the taxes and Federal Excise Duty (FED) on...

Incumbent regime allegedly all out to ensure sale of K-Electric

The incumbent government is allegedly all out to ensure the sale of Abraaj Group’s shares in K-Electric to Shanghai Electric Power.