POL products’ consumption up by 9.7 pc, production by 3.2 pc
ISLAMABAD: The consumption of petroleum products registered a growth rate of 9.7 per cent during the fiscal year 2016-17 as compared to...
Telecom sector grows at rapid pace in four years
ISLAMABAD: Growth momentum of the telecommunications sector in the country has grown at a rapid pace and undergone an impressive transformation over...
BISP, NRSP sign $35 mn agreement on business incubation programme
ISLAMABAD:Â Benazir Income Support Program (BISP) and the National Rural Support Programme (NRSP) Monday signed a Memorandum of Understanding (MoU) to lay out...
One-window operation urged to avoid unnecessary delays in CPEC execution
ISLAMABAD:Â The government remains optimistic about CPEC amidst provincial and regional concerns of tax exemptions to a Chinese company and lack of clarity...
China, Belt and Road countries’ trade volume amounted to $1.1 trillion last year
BEIJING: Last year, trade volume between China and countries along the Belt and Road amounted to $1.1 trillion, up 14.8 per cent...
CPEC instrumental for economic prosperity in the region: Masood Khan
MIRPUR: Azad Jammu and Kashmir President Sardar Masood Khan Monday said China-Pakistan Economic Corridor (CPEC) was instrumental in the economic prosperity of...
PCJCCI identifies potential sectors for Pak-China joint ventures
LAHORE: Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has identified seven high potential sectors for joint ventures and investment between Pakistan...
Finance Ministry to set up separate division for Islamic banking: Miftah
KARACHI: Advisor to the Prime Minister on Finance and Economic Affairs Miftah Ismail Monday said the Ministry of Finance would soon set...
HBL suffers after hefty fines, declares profits down 77pc YoY
LAHORE: Habib Bank Limited (HBL) posted its consolidated net profit after tax of Rs7.83 billion, with earnings per share of (EPS) Rs5.34...
CDWP approves 34 projects worth Rs365.492 billion
ISLAMABAD: Central Development Working Party (CDWP) has approved 34 projects worth Rs365.492 billion out of which five projects worth Rs333.179 billion were...
China assures protection of Pakistan’s local industry
ISLAMABAD: China's Ambassador to Pakistan, Yao Jing, called on Secretary Commerce Mohammad Younus Dagha on March 19. Secretary Commerce briefed the ambassador on the...
Brasil envoy for more trade with Pakistan
SIALKOT:Â Ambassador of Brasil in Pakistan Claudio Raja Gabaglia Lins has said that Brasil will soon establish the direly needed "Pak-Brazil Business Forum"...
Six-year transformation led by Dawood Hercules doubles Hubco generation capacity
LAHORE: Leading investment holding company Dawood Hercules Corporation has headed a six-year turnaround at Hubco during which the company invested in major...
Pakistani, Polish firms to cooperate on upstream projects
WARSAW: Poland’s leading gas company, PGNiG, has agreed with Pakistan’s Mari Petroleum Company to cooperate on upstream projects, PGNiG said on Monday.
“This...
Market Daily: KSE 100 settles at 43539.60 points, up 176.39
LAHORE: In a narrowly traded session, bulls came out as winners. The Pakistan Stock Exchange (PSX) saw no excitement from investors at...