Market Daily: KSE 100 closes down 260.99 points, settles at 43,594.79
LAHORE: Following another buoyant open amid thin participation the 100 Index retraced intraday gains (+171.8 points; +0.39 per cent) and closed in...
Belgian trade delegation to visit Lahore, Karachi for extensive B2B meetings
The Embassy of Belgium in Pakistan’s economic and commercial representation has announced the arrival in Pakistan of a 24-member trade delegation comprising...
Pakistan likely to borrow more than $4b from Saudi bank
ISLAMABAD: A Saudi-backed Islamic Development Bank (IDB) is poised to lend Pakistan more than $4 billion to revive the nuclear nation's depleting foreign...
NEPRA’s quorum completes as govt appoints Member Sindh
ISLAMABAD: Quorum of the National Electric Power Regulatory Authority (NEPRA) has completed as the government has appointed Rafique Ahmed Shaikh as Member...
Drug prices increased by 15pc
KARACHI: The Drug Regulatory Authority of Pakistan (DRAP) on Friday announced a price hike of 9-15 per cent across the country.
According to a...
Facilitation of exporters only way forward: Hammad Azhar
State minister says ill-conceived policies of the past govts had jeopardised the vibrant export industry of textile
LAHORE: Minister of State for...
‘All passenger coaches to be manufactured locally from next year’
Sheikh Rasheed says PM Imran Khan will inaugurate Thal Express on Feb 11
ISLAMABAD: Railways Minister Sheikh Rasheed Ahmad said on Friday that...
2nd int’l LPG conference scheduled for March 14
The Liquefied Petroleum Gas Distributors Association of Pakistan (LPGDAP) will hold the second international conference on March 14 in Lahore for the promotion...
Aramco CEO says oil industry facing ‘a crisis of perception’
LONDON: Saudi Aramco’s chief executive said on Tuesday the oil industry is facing “a crisis of perception” and the views of some...
Belarusian dumper trucks enter Pakistani market
Cherat Cement Factory has planned to procure at least 15 heavy-duty BelAZ trucks in a year
NOWSHERA: BelAZ, a Belarusian mining truck...
Pakistan may import POL, LNG from Maldives once IGA gets signed
Islamabad: Energy ministry sources have revealed that once Pakistan and Maldives sign an Inter-Governmental Agreement (IGA), it is expected that Pakistan will...
Senators raise questions over perks being granted to PSO MD
Islamabad: Senators on Wednesday questioned the salary, allowances and perks being enjoyed by Pakistan State Oil (PSO) Managing Director Imranul Haque.
During the...
Anti-dumping duty on steel feared to hit the local automobile sector
Pakistan’s decision to impose anti-dumping duty on Chinese steel is feared to raise the cost of automobiles since various local automobile parts...
FBR wants to work with business community to increase country’s tax base
Islamabad: Federal Board of Revenue (FBR) Chairman Tariq Mahmood Pasha said on Wednesday that the FBR wanted to engage the business community...
Chinese to withhold 20% PSX sale proceeds to meet possible default claims
The Chinese-led consortium that acquired controlling 40% stake of the Pakistan Stock Exchange (PSX) wants to hold 20 percent of the sale...