Cotton import allowed from India, other countries without custom duty, taxes
KARACHI: The Ministry of Commerce (MoC), abolishing all kind of custom duties and other taxes has allowed the import of cotton from...
PAC asks AGP to hold inquiry into purchase of expensive electricity
ISLAMABAD: Public Accounts Committee (PAC) Chairman Syed Khursheed Ahmed Shah, on Tuesday, directed the Auditor General of Pakistan (AGP) to hold an inquiry for fixing...
Foreign airlines remit $ 1.5 billion from Pakistan in last two years
ISLAMABAD:Â During the last two years foreign airlines have taken out $ 1.5 billion in the form of remittances from Pakistan due to...
PTCL injects Rs 1 billion in U Bank
KARACHI:Â Pakistan Telecommunication Company Limited (PTCL) has injected an additional equity of Rs 1 billion in U Microfinance Bank Limited (U Bank), which...
Government pursuing business friendly environment: PM
ISLAMABAD:Â Prime Minister Shahid Khaqan Abbasi, on Tuesday, reiterated the commitment of the government to undertake all possible measures aimed at creating an...
PM Abbasi optimistic GE will fix issues with gas turbines
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi said on Monday that some of General Electric’s flagship new gas turbines in Pakistan were still...
SBP to brief Senate body on airline remittances, forex
ISLAMABAD: The Senate Committee on Finance, Revenue, Economic Affairs and Narcotics Control would be briefed on Tuesday on foreign exchange remittances by...
CCP to convene open hearing to discuss competition concerns in sugar sector on Jan 25
ISLAMABAD: Taking notice of the recent sugarcane procurement crisis in the country, the Competition Commission of Pakistan (CCP) will convene an open...
$5bn investment lined up for development of Thar coal: Ahsan
ISLAMABAD: Minister for Planning, Development and Reforms Ahsan Iqbal on Monday informed the Senate that an investment of $ 5 billion had been lined...
PM emphasises enhancement of indigenous exploration, production
ISLAMABAD:Â Prime Minister Shahid Khaqan Abbasi during a briefing by Pakistan Petroleum Exploration and Production Companies Association (PPEPCA) in Islamabad on Monday, said...
Reefland flagship store opens at Model Town Link Road
LAHORE:Â Reefland relaunched its flagship store at Model Town Link Road on January 19.
The mega launch event started with a ribbon-cutting ceremony by...
Hashoo Group secures three CSR awards
ISLAMABAD:Â Hashoo Group secured three Corporate Social Responsibility (CSR) awards for its significant contributions in social development through different remarkable interventions in the...
Soneri Bank partners with FetchSky to upgrade banking services
LAHORE:Â Soneri Bank with its recent strategic alliances with FetchSky is bringing together the combined expertise of both the companies on one common...
Dawood Hercucles to raise Rs13 billion from Islamic Sukuks
LAHORE: A bourse notification filed Monday by Dawood Hercules Corporation Limited (DHCL) revealed the company’s board had given go-ahead to raise Rs7...
Aisha Steel Mills Ltd- Yet another business case built on protectionism
Located at Bin Qasim Industrial Park in Karachi, Aisha Steel Mills Limited (ASML) is aiming to more than triple its production before...