Naveena Group announces establishment of steel production plant at Port Qasim
KARACHI: The Naveena Group has announced to enter into the business of steel production by establishing a 300,000 TPA (tonnes per annum)...
Daniyal proposes amendment in loans for Agriculture, Commercial and Industrial Purposes Act 1973
ISLAMABAD: Minister for Privatisation Daniyal Aziz stressed the need for revisiting the Loans for Agriculture, Commercial and Industrial Purposes Act 1973, which...
Pak businesses should get benefits from special economic zones under CPEC: Chinese Ambassador
ISLAMABAD: Ambassador of China to Pakistan, Yao Jing has said that the business community of Pakistan should get benefits from special economic...
Canadian dollar notches 1-week high as jobs rise
TORONTO: The Canadian dollar strengthened to a more than one-week high against its US counterpart on Friday, adding to gains after Canada...
Govt exported 1.2 MMT sugar during 2016-17: Pervaiz Malik
ISLAMABAD: Minister for Commerce and Textile Muhammad Pervaiz Malik on Friday said that since the start of the crushing year 2016-17 up...
SBP injects Rs1,141.7bn into money market
KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs1,141.7 billion into money market for seven days as reverse repo through its...
Federal govt to table budget on April 27: Miftah
ISLAMABAD: Advisor to Prime Minister on Finance, Miftah Ismail has said that the federal government would present the budget for the fiscal...
12,000 MW power added in system, 20,000 MW more in the offing: Miftah
ISLAMABAD: Advisor to Prime Minister on Finance Dr Miftah Ismail Friday said the present government of Pakistan Muslim League-N had added around...
Pumping out water for Thar coal mining not to affect drinking water sources: SECMC
ISLAMKOT (THARPARKAR): Revealing some of the unknown facts and breaking a commonly perceived myth, Sindh Engro Coal Mining Company (SECMC) has clarified...
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...