Local tile manufacturer urges architects to promote ‘made in Pakistan’ products
ISLAMABAD: Recently, Centro Ceramico, a highly reputable, and one of the biggest tile testing laboratories in the world, has certified Pakistan’s ‘Stile porcelain tiles’...
Cotton production rises by 10 pc
Cotton production for the year 2016-17 registered an increase in the total output of cotton rising by 10 pc to 10.7m bales,...
CCoE for enhancement of oil storage capacity
ISLAMABAD: The Cabinet Committee on Energy (CCoE) on Friday asked the concerned ministry to take necessary steps and enhance the national storage...
KCCI president concerned over continuous rupee devaluation
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Muffasar Atta Malik, while expressing deep concerns over the continuous devaluation of rupee against...
World Bank approves $300 million for modernizing agriculture in Punjab
WASHINGTON: World Bank on Friday gave approval for $300 million funding for modernizing agriculture in Punjab.
Under the Strengthening Markets for Agriculture and...
Topsun Motors, Pak-China Motors accorded Greenfield status
Topsun Motors will setup assembly plant in Multan, the company has signed an exclusive cooperation agreement with Chongqing Big S&T Dev Group Ltd & Mianyang Huarui Automotive Co. Ltd. China for the production of LCVs with an initial investment of Rs5.43 million
SME Bank privatisation attracts investors’ attention
More than 10 investors have expressed interest in acquiring up to 93.88pc stake in the loss-making state-owned SME Bank Limited, media sources...
Next cabinet meeting to decide extension of NIRC chairman
ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resource Division is all set to present a summary of extension in contract of...
EU banks will be allowed to operate normally in UK, post Brexit: BBC
LONDON: The Bank of England will allow European banks to continue selling their services in the United Kingdom without having to create...
Bank valuations not to be impacted by apex court decision
LAHORE: The decision on Tuesday by the Supreme Court to increase minimum rate of pension to Rs8,000 per month for banks won’t...
Govt set to impose Rs100bn taxes in mini-budget
ISLAMABAD: The federal government is all set to impose over Rs100 billion in taxes by increasing 5 to 10 per cent regulatory...
Amazon contemplating entering financial sector with a checking-account like product
NEW YORK: Amazon.com Inc, the world’s largest online retailer, is in talks to create a checking-account-like product with big banks such as...
Workers decry govt’s plan of privatisation of PIA, Steel Mill
KARACHI: A representative gathering of the labour here on Saturday expressed serious concerns on the proposed plans to privatise Pakistan Steel Mill...
SBP expected to hike interest rates by 25 to 50 basis points for next two months
KARACHI: The State Bank of Pakistan on Friday is expected to hike the interest rates for coming two months in its monetary...
Federal Cabinet restores EDB after dissolution
The cabinet of the previous government, following the recommendations of the Cabinet Committee on Energy (CCoE), had decided to dissolve the EDB over rampant corruption