Pakistan to suffer severe LPG crisis if advance tax, regulatory duty not resolved

ISLAMABAD: All Pakistan LPG Distributors Association (LPGDA) Chairman Irfan Khokhar Tuesday underlined the need for withdrawal of 5.5 per cent advance tax...

EU ban on Indian basmati rice provides opportunity for Pakistan

KARACHI: After a ban imposed by the European Union (EU) on the import of Indian basmati rice, there is a great opportunity for...

Pak pharma industry suffers from government’s shackles

A thriving sector in Pakistan’s economy, pharmaceuticals is a $3.2 billion industry, growing at 15% annually, while its exports now at $US200...

Byco successfully begins operations at reformer of oil refining complex

LAHORE: A bourse notification filed Tuesday by Byco Petroleum disclosed operations at its reformer of oil refining complex Il (ORC Il) have...

Oil prices tumble 1 percent, as global financial markets turbulent after rout

SINGAPORE: Oil prices dropped by more than 1 percent on Tuesday, extending falls from the previous session as global financial markets tumbled...

ISGSL MD’s 3rd consecutive appointment raises eyebrows

ISLAMABAD: Nepotism is allegedly ruling the roost in Petroleum Division of the Energy Ministry, as Mobin Saulat is appointed as Inter State...

Govt to announce another textile package in a bid to boost exports

ISLAMABAD: Federal government all set to announce another package to textile sector soon, Pakistan Today learnt reliably. Ministry of Commerce and Textile has...

US team inspects quality of fishing boats to reopen shrimp imports from Pakistan

KARACHI: A delegation of United States (US) thoroughly inspected the Pakistani fishing boats at Karachi Fisheries Harbour Authorities (KFHA) to reopen its...

Government inaction smokes away Rs25 billion annually

Gold Leaf is a popular cigarette brand in the country, and Kabir Khan usually puffs up on it. But occasionally when he...

Can ‘Bothie’ do for Nokia what ‘Selfie Expert’ did for Oppo?

With the tagline ‘Be less Selfie, be more Bothie’, Nokia launched its new line of smartphones with Nokia 8 last month. The...

Engro set to benefit from coal extraction, despite environmental concerns

As the rest of the world moves away from non-renewable sources of energy, Engro, Pakistan’s largest private-sector conglomerate, expects to benefit from...

SBP governor’s appointment from DMG poses questions regarding SBP’s autonomy

ISLAMABAD: The appointment of State Bank of Pakistan’s (SBP) governor from District Management Group (DMG) rather than from among the professionals having experience...

SBP freezes 5089 bank accounts on NACTA’s recommendation

ISLAMABAD: State bank of Pakistan (SBP) on the recommendation of National Counter Terrorism Authority (NACTA) has frozen 5089 banks accounts belonging to terrorist...

Cultivation on scientific lines can make Pakistan self-sufficient in edible oil production

RAWALPINDI: Pakistan can be self-sufficient in edible oil production if the Olive Valley set up by Punjab government in Potohar region is promoted...

Big investors unhappy over Pakistan’s single entry visa policy

ISLAMABAD: Though Pakistan has announced visa on arrival for tourists, big investors and heads of big companies are unhappy over the changed visa...