TDAP endeavouring to facilitate exporters
LAHORE: The Trade Development Authority of Pakistan (TDAP) is endeavouring to help and facilitate exporters of all product sectors with an aim...
Rio Tinto mulling to attract bids over $2.5bn for last two coal mines
MELBOURNE/LONDON: At least three bidders are expected to submit final offers for global miner Rio Tinto’s Hail Creek and Kestrel coal mines...
Overseas Pakistanis remit $12.8bn in first eight months of FY18: SBP
KARACHI: Overseas workers remitted $12.8 billion in first eight month of the current fiscal year (July-February), which is up by 3.4 per...
Govt to provide grant of Rs1 to 4 lac to SMEs which acquire certifications
ISLAMABAD: The Ministry of Science and Technology has launched a “Certification Incentive Program” (CIP) for SMEs under Productivity, Quality and Invention (PQI)...
Pakistan’s Gwadar port sees first container vessel, a milestone for Belt and Road initiative
ISLAMABAD: The Gwadar Port in Pakistan, a key project under the China-Pakistan Economic Corridor (CPEC), has become operational for container vessels, as...
Exports achieve 16.5 pc growth, set to contribute 0.8 pc to GDP
ISLAMABAD: According to officials at the Ministry of Commerce, exports which had been increasing since June 2017 have continued the trend during February 2018...
Standard Chartered declares pre-tax profit of Rs13.5bn, down 12.33pc YoY
LAHORE: Standard Chartered Pakistan announced its annual results for the year ended 31 December 2017, on Friday.
Profit before tax was Rs13.5 billion...
PPL discovers hydrocarbons in Adhi South, Rawalpindi district
LAHORE: In a notification sent to the Pakistan Stock Exchange (PSX), Pakistan Petroleum Limited (PPL) notified the bourse that the company has...
APTMA set to invest $7bn in garment sector
LAHORE: All Pakistan Textile Mills Association (APTMA) has announced the establishment of 1,000 garment manufacturing plants worth $7 billion, reported an English...
Auto assemblers move to Punjab as NIP fails to deliver
LAHORE: Auto assemblers are shifting their investments from Bin Qasim Industrial Park (BQIP) and Korangi Creek Industrial Park (KCIP) due to bureaucratic...
NBP inaugurates ‘Aitemaad’ islamic banking branch
ISLAMABAD: The National Bank of Pakistan (NBP) in its quest to promote Islamic Banking in Pakistan has inaugurated another new branch of...
Sindh Bank declares pre-tax profit of Rs2182.4mn
KARACHI: The Board of Directors of Sindh Bank in their meeting held on March 7, 2018, reviewed and approved the audited financial...
US Commercial Service to lead delegation of Pakistani companies to NPEW
KARACHI: The United States Commercial Service (USCS) will lead a delegation of Pakistani companies to the Natural Products Expo West/Engredea (NPEW), to...
PM inaugurates Nashpa Oil and Gas, LPG project with high hopes
KARAK: Prime Minister Shahid Khaqan Abbasi here Thursday arrived at Karak district and inaugurated Neshpa Oil and Gas and LPG project.
Upon arrival,...
CPEC opens new avenues of value-addition in textile garments sector: FCCI
FAISALABAD: Instead of just sticking to the export of raw or semi-finished products, the industrialisation phase of China Pakistan Economic Corridor (CPEC) has...