Three fertilizer factories shut due to non-availability of Sui-gas: committee
ISLAMABAD: The National Assembly Standing Committee on National Food Security and Research was informed that three fertilizer factories were shut down due...
Ecuador keen on enhancing bilateral trade with Pakistan
ISLAMABAD: Ecuador on Thursday stressed the need for frequent exchange of trade delegations with Pakistan for exploring new areas of mutual cooperation,...
APTMA puts forward its proposal for upcoming federal budget
ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has put forward its proposal for the upcoming budget (FY 2018-19), demanding zero per cent...
Growth rate of IT, ITeS exports jumped 150pc in last five years: AnushaÂ
ISLAMABAD: Minister for Information Technology and Telecommunication Anusha Rehman Thursday said every possible effort was being made to enhance the growth of...
Internet, mobile banking witness astounding growth during 2nd quarter FY 2017-18
ISLAMABAD: A remarkable growth of internet and mobile banking has been witnessed as banking services through advanced and convenient channels continue to grow.
Electronic banking transactions posted a double-digit...
Pakistan’s first beachfront housing project launched in Gwadar
KARACHI: With a surging demand for real estate in Gwadar because of the China-Pakistan Economic Corridor (CPEC), a local company, Eiwan, on Thursday launched...
NEPRA increases electricity prices by Rs2.04
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has made three electricity surcharges permanent, increasing the power prices by Rs2.04 per unit.
Earlier, the per...
Foreign reserves decline by $174mn
Karachi: Foreign reserves held by the State Bank of Pakistan (SBP) decreased by $174 million to $11,602 million during the week ended March 30,...
TDAP to take part in home textile fair in Shanghai
KARACHI: Trade Development Authority of Pakistan (TDAP) will participate in a home textile fair to be held in Shanghai from August 30.
Intertextile Shanghai...
Philip Morris shifts entire capacity of its cigarette factory to smoke-free products
KARACHI: Philip Morris International (PMI) announced that the factory of its Greek affiliate Papastratos in Aspropyrgos, has ceased cigarette production and is...
Swiss bank whistleblower arrested in Spain
MADRID: Spanish police have arrested a former employee of HSBC’s Swiss private bank who was convicted of industrial espionage after leaking clients’...
DGTO to hold consultative session on capacity building
ISLAMABAD:Â The Directorate General of Trade Organisations (DGTO) of Ministry of Commerce and Textile in collaboration with Licensed Trade Organisations of Pakistan will...
Bahrain discovers an estimated 80 billion barrels of tight oil
MANAMA: A new discovery off the coast of Bahrain is estimated to contain at least 80 billion barrels of tight oil, the...
Govt considering proposal to tax ‘gifts’ among non-family members
LAHORE: A tax to be levied on gifts given to non-family members by taxpayers is under the federal government's consideration, reported a...
Govt decreases borrowing from SBP
LAHORE: Government's borrowing from State Bank of Pakistan (SBP) was lower at the end of the third quarter of the current fiscal...