General Electric divests lighting business, kicks-off restructuring drive
BOSTON: U.S. industrial conglomerate General Electric has reached a deal to sell parts of its overseas lighting business to a company controlled...
JICA apprised on tech-related investment opportunities in textile, auto sectors Â
ISLAMABAD:Â Adviser to Prime Minister on Commerce Abdul Razak Dawood on Tuesday apprised the members of a Japanese delegation that the Auto Development...
Protesting dock workers announce to shift sit-in camp to D-Chowk
KARACHI: Upon the completion of 100 days of their sit-in camp, dock workers of Port Qasim on Wednesday announced to shift this...
PICIIP an important initiative for development of Sialkot, Sargodha, RYK: Kiyoshi Nakamitsu
LAHORE: Punjab Intermediate Cities Improvement Investment Programme (PICIIP) is an important initiative for the composite development of Sialkot, Sahiwal, Rahim Yar Khan,...
E&P companies to drill 90 wells in current fiscal year
ISLAMABAD: During the current fiscal year, oil and gas Exploration and Production (E&P) companies are to drill 90 wells in different areas...
Dewan Motors recognised for its achievements
KARACHI:Â BMW Group Middle East recently celebrated the successful completion of 2017 at the BMW Presidents Circle in Japan, a company statement said...
PM seeks comprehensive strategy to fix energy issues
ISLAMABAD:Â Prime Minister Imran Khan has stressed the need for a coherent and comprehensive strategy to address energy challenges being faced by the...
Oil and gas exploration increases 79pc
Islamabad: Pakistan witnessed an increase of around 79 percent in oil and gas exploration activities in different potential areas during the last...
Local cement prices increase by Rs 10 per bag
According to AKD Research, cement prices in the northern region have increased by Rs 10 per bag. Previously, cement prices had largely remained...
Prices for petroleum products may remain unchanged for September
Islamabad: The government has decided to maintain the same rates of petroleum products in the forthcoming month of September.
Credible sources disclosed that...
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.
Oil prices claw back on supply concerns, but demand worries drag
Brent crude was up 8 cents, or 0.1 percent, at $78.26 a barrel by 0338 GMT, after falling 2 percent on Thursday. The global benchmark rose on Wednesday to its highest since May 22 at $80.13
On last day in office, Abbasi govt raised LNG import margins
ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) government increased profit margins on liquefied natural gas (LNG) imports quietly on the last but one day to...
FPCCI stresses need for value addition in horticulture sector
ISLAMABAD -Â Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman on Horticulture Exports Committee Ahmad Jawad Wednesday underlined the...
Profit margins for oil refiners in Asia dip, as oil prices touch $70 per barrel
SINGAPORE: Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by...