Rice business has the potential to become an industry in Pakistan: Matco director
KARACHI: Matco Foods Limited Finance Director Faizan Ghori, on Tuesday, said that rice which comes second in the list of most exported item...
Senate committee recognises telecom sector‘s contribution
ISLAMABAD: The Senate Standing Committee for Information Technology and Telecommunication has recently recognised the contribution of the telecom sector and appreciated the investment...
Progas shareholders ordered to deposit $553,000 security payment for case revival
LONDON: A British Court on Friday ordered shareholders of defunct liquefied natural gas company Progas Pakistan to submit a $553,000 security payment...
Hayat Kimya set to invest $150 million in Pakistan’s consumer goods sector
LAHORE: Hayat Kimya, a subsidiary of Turkish entity Hayat Group will be investing $150 million in Pakistan’s consumer goods sector.
Hayat Kimya is...
Oil prices rise, as global stock markets bounce back
SINGAPORE: Oil prices rose on Tuesday, lifted by a rebound in global stock markets that followed sharp falls last week.
U.S. West Texas...
Govt approves laying of gas distribution networks to woo voters
ISLAMABAD: To gather voter traction, the government in lieu of approval of over 100 gas supply schemes, lifted the ban on laying...
PPIB gives approval to Oracle Power for 700 MW coal power plant in Thar
KARACHI: Oracle Power has been given go-ahead by Private Power and Infrastructure Board (PPIB) for establishing a 700 MW coal-fired power plant...
Pakistan, Italy sign MOI for development of marble & granite sector
ISLAMABAD: Pakistan and Italy Monday signed a Memorandum of Intent (MOI) for cooperation in development of marble and granite sector of Pakistan.
The...
Market Daily: PSX sheds 294 points, starts the week in red
LAHORE: Pakistan Stock Exchange (PSX) started yet another week in the red as indices kept shedding points from the very beginning. With...
Foreign buyers express interest in Pakistani fruits and vegetables
ISLAMABAD: In the recently held exhibition in Berlin named “Fruit Logistica” more than 30 buyers who participated have shown interest in buying fruits...
Increase in petroleum prices due to hike in international market: Ministry of Petroleum
ISLAMABAD: Ministry of Petroleum on Monday informed the Islamabad High Court (IHC) that the government has increased the price of petroleum products due...
Industries minister stresses enhancing bilateral trade with Bosnia
ISLAMABAD: Industries and Production Federal Minister Ghulam Murtaza Khan Jatoi on Monday stressed the need for enhancing bilateral trade and investment relations between...
Clover Pakistan to initiate due diligence for acquisition of Hascombe Business Solutions
LAHORE: A bourse notification filed Monday by Clover Pakistan Limited revealed its board of directors granted approval to initiate due diligence for...
ICI Pakistan’s soda ash expansion project starts operations
LAHORE: A bourse notification filed Monday by ICI Pakistan Limited disclosed phase I of its 150,000 tons per annum (TPA) expansion project...
Matco Foods concludes IPO, gets successfully listed on PSX
LAHORE: A bourse notification filed Monday, Pakistan Stock Exchange (PSX) approved the application for listing and quotation of shares of Matco Foods Limited...