FIA-CBC unearths fraud in DIBPL
KARACHI:Â Federal Investigation Agency Commercial Bank Circles (FIA-CBC) successfully unearthed a bank fraud in Dubai Islamic Bank Pakistan Limited (DIBPL) arresting three accused...
Government working on multipronged strategy to reform tax structure: PM
ISLAMABAD:Â Prime Minister Shahid Khaqan Abbasi while speaking at the Pakistan Economic Forum in Islamabad on Wednesday said that the government is working...
Government taking steps for revival of sick industrial units: State Minister for Finance
ISLAMABAD:Â Minister of State for Finance Rana Muhammad Afzal Khan has said that the government is taking various steps for the revival of...
Cigarette manufacturer Philip Morris International decides to quit selling cigarettes
KARACHI:Â Global tobacco giant Philip Morris International (PMI) announced its new year's resolution to give up cigarette.
In an unusual move, the tobacco company...
Advances grow by 17 per cent in 2017, ADR improves to 53 per cent
KARACHI:Â According to a research report by Topline Securities, advances of the banking sector grew by 17 per cent in 2017 while the...
Telenor stops deducting withholding tax in Gilgit-Baltistan
ISLAMABAD:Â Telecommunication company Telenor has informed its subscribers through SMS that the deduction of withholding tax in Gilgit-Baltistan will be stopped from January...
Govt to sell PSM land to settle debts, lay off employees before privatisation
ISLAMABAD:Â As the government of Pakistan decides to lease out Pakistan Steel Mills (PSM) as the last resort, it has finalised plans to...
PM for early completion of Pakistan-Turkmenistan energy projects
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi, on Monday, reiterated Pakistan’s interest in the early completion of energy projects with Turkmenistan and appreciated the...
PM invites foreign investors to explore economic, trade potential in Pakistan
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi, on Monday, while speaking to a delegation of the International Federation of Freight Forwarders Associations (FIATA)...
2018 to be a bumper year for Pakistan’s cement sector: Report
International Cement Review, the world's leading source of cement manufacturing news and information, in its latest report on the Pakistani cement industry...
Pakistan to participate in the world’s largest consumer goods show in Germany
KARACHI:Â According to reports Pakistan is all set to participate in the world's largest consumer good show in Germany this year.
Trade Development Authority...
Cherat Packaging’s flexible packaging project to come online by July 2018
LAHORE: A bourse notification filed by Cherat Packaging Limited Monday revealed its flexible packaging project will come online by mid-half of 2018.
In...
China to help Pakistan promote wind energy
BEIJING: Two leading Chinese companies have decided to explore new wind power opportunities in Pakistan.
According to Chinese officials here, Boston-headquartered General Electric Company...
GIDC bill revised, govt to recover arrears from CNG sector in instalments
ISLAMABAD: In a recently held meeting of the Federal Cabinet, Prime Minister Shahid Khaqan Abbasi directed to revise Gas Infrastructure Development Bill...
Procurement of sugar contingent to payment clearance by sugar mills: TCP
KARACHI: The Trade Corporation of Pakistan (TCP) has set the condition that procurement of sugar remains contingent to payment clearance of farmers...