$5bn lost to decline in cotton production: PARC
ISLAMABAD
Pakistan Agriculture Research Council Chairman Dr Yousaf Zafar has said that Pakistan lost $ 5 billion during the last three years due...
Lucky Cement officially cuts prices by 4.5pc in North to Rs 525 bag
KARACHI
Lucky Cement (LUCK) has cut its prices by around Rs 25 per bag to Rs 525 in North, with effect from August...
Industries secretary lauds Indus Motor Company’s practices
KARACHI
“Indus Motor Company (IMC) sharing its experiences within and outside the company is encouraging, and we can move on the path of...
APBF urges govt to adopt holistic approach toward agriculture, industry
KARACHI
All Pakistan Business Forum President Ibrahim Qureshi has asked the new government to adopt a holistic approach aimed at developing both the...
PQA earns approx $91mn through LNG operations
ISLAMABAD
The Port Qasim Authority (PQA) has earned revenue of approximately $ 91 million from LNG operations since the inception of first LNG...
Cement prices in Northern region decrease by Rs 10-25 per bag
LAHORE
The cement prices in the Northern region of the country have come off by Rs 10-25 per bag to an average of...
Telecom sector profit repatriation to headquarters reach $177m for FY 2016-17
Islamabad: According to data compiled by the State Bank of Pakistan (SBP), it has been reported that telecom companies repatriated dividends worth...
Oil tankers association strike called off amidst reassurances from Sindh Governor
Karachi: The All Pakistan Oil Tankers Association (APOTA) has called off its plan to hold a strike which was due to start...
Trafigura to acquire 51pc stake in Pakistani oil marketing company, Admore
Lahore: Geneva based Swiss oil trading company Trafigura has shown an interest in acquiring Pakistani oil marketing company Admore for $40m.
Trafigura is...
Sinopec may be awarded oil and LNG supply contract
Islamabad: Sinopec, one of China’s largest energy conglomerate could be assigned multi-billion-dollar oil import and LNG supply contracts on a government-to-government approval...
FBR failed to take action against 330 individuals reported for money laundering
Islamabad: The State Bank of Pakistan’s Financial Monitoring Unit (FMU) last year had accused 330 people of having laundered money abroad, but...
Govt urged to control fall in forex reserves and exchange rate
Islamabad: The Pakistan Economy Watch (PEW) on Sunday asked the government to stem fall in forex reserves and exchange rate.
The fall in...
Industrial sector expected to grow by 7.3pc during current FY 2017-18
Islamabad: Keeping in view the performance of prevision year, the industrial sector of the country is targeted to grow by 7.3 percent...
Neelum-Jhelum, Tarbela hydro projects likely to start working by early 2018
ISLAMABAD: Two hydel power projects, 969 MW Neelum-Jhelum Hydel Power Project (NJHP) and 1,410 MW Tarbela 4th Extension project, of total 2379Â MW...
Bank of China could commence operations by end of September says: SBP
Karachi: According to official spokesman, Abid Qamar of the State Bank of Pakistan (SBP) on Friday said, the Bank of China (BOC)...