13 Textile firms from Pakistan to take part in Texworld USA

KARACHI Around thirteen Pakistani home textiles, fabric and garments manufacturers will take part in Texworld Fair in New York, USA from July 17th...

HMD Global and Jazz to launch range of Nokia phones in Pakistan

KARACHI HMD Global, the home of Nokia phones, has partnered with Jazz to exclusively launch the range of Nokia smartphones and Nokia 3310...

75pc cost of Kachhi canal project embezzled by commission agents: PM

AHMAD AHMADANI Prime Minister Nawaz Sharif has revealed that almost 75 per cent cost of the Kachhi canal project had gone to the...

Leading Pakistani companies to participate in USA investment Summit

ISLAMABAD American Ambassador David Hale announced on Saturday that seven leading Pakistani companies from a range of industries will travel to Washington D.C....

Punjab starts project to cultivate imported dates

MULTAN: The Punjab government’s Rs708 million ‘Diversification of High Value Cropping Through Promotion of Horticulture’ project aims to grow five top date...

Large-Scale manufacturing grows by 5.58pc in July-April quarter

Islamabad: The country's large -scale manufacturing (LSM) sector grew 5.58 percent during the first ten months (July-April) of the current fiscal year...

Branchless banking transactions saw increase in Jan-March quarter: SBP report

Karachi: The State Bank of Pakistan (SBP) on Friday released statistics detailing the rise of branchless banking accounts in the country by...

Foreign companies to invest in Pakistan’s LNG sector

Islamabad: Major players have shown keen interest to invest in Liquefied Natural Gas (LNG) sector of Pakistan after seeing immense business potential...

PSO seeks Rs 60 billion from the govt to clear the loan obtained for controlling the circular debt

ISLAMABAD: Financially starved Pakistan State Oil (PSO) has sought Rs 60 billion from the ministries of finance and power to clears the...

Damaged crop and high air freight to cause decline in mango exports

ISLAMABAD: Apart from the falling exports especially of textile made-ups, which earn 60 percent of the total foreign exchange of the national...

PBA urges government to scrap ‘super tax’

Islamabad: Pakistan Banks Association on Thursday demanded the government to withdraw the super-tax that was enacted in 2015 after the recent passing...

Byco Petroleum to become Pakistan’s largest fuel maker says: Bloomberg

Karachi: In a report filed by Bloomberg, Byco Industries, a Karachi based company is expected to start its operations again in July...

PHMA welcomes government move to reduce sales tax on raw material supplies

Lahore: The Pakistan Hosier Manufacturers and Exporters Association (PHMA) on Thursday has welcomed the governments initiative in the next financial year’s budget...

Petroleum Ministry recovers payments of Rs4.7b from exploration companies

Islamabad: The Ministry of Petroleum and Natural Resources has recovered outstanding payments amounting to Rs 4.7 billion from different oil and gas...

Right Bank Outfall Drain-II delays increase cost of project to Rs62b

Islamabad: The Senate Standing Committee on Planning, Development and Reform was informed on Thursday that work on the 273km Right Bank Outfall...