Nepra penalizes Lesco and Hesco for prolonged power outages

Islamabad: Lahore Electric Supply Company (LESCO) and Hyderabad Electric Supply Company (HESCO) on Thursday were fined Rs9m by the National Electric Power...

Punjab Soil Atlas launched, aims at strengthening agriculture

ISLAMABAD Pakistan launched the Punjab Soil Fertility Atlas on Thursday - a publication aimed at monitoring and sustaining soil fertility and strengthening the...

Colgate Palmolive profit after tax rises 16pc YoY

Karachi: In a notification sent to the Pakistan Stock Exchange on Thursday, Colgate Palmolive Pakistan (CPP) has announced its financial results for...

Leading furniture brands to take part in Pakistan international trade fair: PFC

Lahore: The Pakistan Furniture Council (PFC) announced on Wednesday that all its leading local furniture brands will participate in the four-day Pakistan International...

FFBL posts loss of Rs249m in April-June quarter

Karachi: In a notification sent to the Pakistan Stock Exchange, Fauji Fertilizer Bin Qasim (FFBL) announced that it had posted a loss...

NA standing committee emphasizes for value-addition in textile sector

Islamabad: The National Assembly Standing Committee on Textile Industry on Wednesday emphasised the importance of value addition and promoting and facilitating garment...

FPCCI calls for steps to improve food and water security

Islamabad: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday called for improved food and water security. The challenge of...

Banks disbursed agricultural credit worth Rs704.5bn during FY2016-17

KARACHI The commercial banks have surpassed the agricultural credit disbursement target of Rs 700 billion set by Agricultural Credit Advisory Committee (ACAC) for...

Wheat exports from Pakistan surge by 512.3pc during FY 2016-17

Islamabad: As many as 3,676 metric tons of wheat worth US$ 967,000 was exported during last financial year (2016-17) as compared to...

Stora Enso offloads 35pc equity stake in Bulleh Shah Packaging Ltd

Lahore: Stora Enso, one of the world’s biggest manufacturers of graphic papers for newsprint and magazine paper announced on Wednesday that it...

Oil tankers association calls off strike after successful negotiations with OGRA

Karachi: A formal announcement was made on Wednesday by All Oil Tankers Owners Association (APOTOA) of ending its strike after successful talks...

Telecom operators license fees to be reviewed: PTA

Islamabad: Pakistan Telecommunication Authority (PTA) has planned to undertake a survey and study for scrutinizing the renewal period of telecom operator’s licenses...

Irsa fears water shortage in upcoming winter season

Lahore: The Indus River System Authority (IRSA) in a letter dated 24th July to the Water and Power Development Authority (WAPDA) has...

Govt mulling salary increase for Ogra chief and its members

Islamabad: The government has instructed the Finance ministry to carry out a study comparing salary packages of different regulators with those being...

Profit repatriations increase to reach $2.1b during FY 2016-17

Karachi: An increase in profit repatriations have been reported again, as foreign entities have sent $2.1b in dividends and profits abroad during...