Tourism makes up 7pc of Pakistan’s GDP says: Jovago
Lahore: Jovago.pk, the country’s premier hotel booking e-commerce website released a report on the Pakistani Tourism Industry which revealed that tourism makes...
Al-Ghazi Tractors Ltd posts 27pc increase in profits for April-June 2017 quarter
Karachi: In a notification sent to the bourse on Friday, Al-Ghazi Tractors Limited announced its financial results for the quarter April-June 2017.
Sales...
Comprehensive policy being formulated to improve water storage capacity says: Govt
Islamabad: The government is pursuing a comprehensive plan to increase the water storage capacity and improve underground water recharge. In a statement,...
Falling remittances: SBP to seek LEAs assistance to control money laundering
Karachi: State Bank of Pakistan (SBP) is said to be seeking the help of law-enforcement agencies (LEAs) to curb the menace of...
PEL profits decline 6.3pc to Rs1.62b
Karachi: In a notification sent to the bourse on Thursday, Pak-Elektron Limited (PEL) one of the country’s biggest electronic appliance manufacturer announced...
Retiring circular debt: Govt to obtain Rs55b loan from commercial banks
Islamabad: The government will be borrowing an additional Rs55b from commercial banks to pay off the outstanding dues of IPPs and Pakistan...
US investors show keen interest in Pakistani handmade furniture
Islamabad: The United States investors of furniture industry and buyers have shown keen interest in Pakistan's handmade traditional furniture.
They underlined the need...
Cotton production estimated to reach 12.6m bales during FY 2017-18: CCAC
Islamabad: Cotton Crop Assessment Committee (CCAC) has estimated the cotton production at 12.6 million bales during the crop season 2017-18 against the...
Pakistan’s exports to Russia rose by 10pc in June 2017
Islamabad:Â Pakistan's exports to Russia increased by 10 percent in June, 2017 as compared to May 2017, which showed positive sign for enhancing...
Tobacco exports surge by 34.93pc during FY 2016-17
Islamabad: The tobacco exports from the country saw sharp increase of 34.93 percent during the Fiscal Year 2017 as compared to same...
Micro-finance sector recorded 47.3pc growth in its portfolio till December 2016
Islamabad: The microfinance sector witnessed 47.3 percent growth in its aggregate micro-credit portfolio, which grew to Rs136.9 billion till December (2016-17) compared...
Iran, Turkey, Russia ink oil cooperation agreement
TEHRAN
A tripartite oil partnership and investment agreement were signed in Moscow between Iran, Turkey and Russia.
The three-party oil deal was sealed between...
K-Electric gets approval for setting up a 900MW R-LNG power plant at Bin Qasim
Karachi: In a notification sent to the bourse on Thursday, K-Electric (KEL) announced that in a board meeting held on August 9th,...
PM directs power and finance ministry to formulate strategy for reducing circular debt
Islamabad: The relevant stakeholders in the power industry on Wednesday were directed by PM Shahid Khaqan Abbasi to investigation the reasons for...
Kapco shows intent to acquire 17.36pc shares of Hubco
Karachi: In a notification sent to the bourse, Kot Addu Power Company (KAPCO) has shown its intent to acquire 14.9pc (172,582,000) ordinary...