Citibank looks to bolster revenue growth from China’s OBOR initiative
Beijing: Citigroup Inc expects to boost its revenue growth in China by tapping into opportunities presented by Beijing’s Belt & Road initiative,...
Oil prices inch upwards ahead of key OPEC meeting
Seoul: Oil prices edged higher on Friday as the market waited to see whether major oil producers would extend supply cuts beyond...
Large-scale manufacturing registered 13pc growth in July
Islamabad: Data released by the Pakistan Bureau of Statistics (PBS) revealed a growth of 13pc in large-scale manufacturing (LSM) for first month...
LCCI laments increase in gas and electricity tariffs
Lahore: A local newspaper reported that Lahore Chamber of commerce and Industry (LCCI) criticized National Electric Power and Regulatory Authority and Oil...
OCAC reassures public about non-shortage of petrol
Karachi: Oil Companies Advisory Council (OCAC) on Thursday said there were adequate stocks of POL products in the country and ruled out...
Pakistan requests Karkey to withhold details about ICSID penalty
Islamabad: Karkey Karandeniz, which was awarded damages worth $700m by the International Centre for Settlement of Investment Disputes (ICSID) last month, has...
OGRA jacks up gas prices to meet revenue requirements of gas companies
ISLAMABAD
The Oil and Gas Regulatory Authority (OGRA) while setting the estimated revenue requirement of gas utilities has approved Rs 60 per Million...
17th ITCN Asia conference held in Karachi
Karachi: The 17th ITCN Asia 2017 –Pakistan’s largest telecom and information technology conference – organized in Expo Center, Karachi, attracted more than...
Saad Mahmood to replace Jehanzeb Khan as AkzoNobel CEO
Lahore: CEO of one of the premier paint manufacturing companies, AkzoNobel Pakistan Limited, Jehanzeb Khan is all set to retire from his...
Asian stocks fall, as dollar rises after Fed statement
Hong Kong: Asian shares were mostly lower while the dollar strengthened Thursday after the Fed said it would start trimming its bond...
Telecom companies paid Rs42,549b taxes during last five years
Islamabad: Pakistan’s telecom companies are said to have paid an amount of Rs 42,549.3 billion tax during last five years.
The major contribution in...
OGRA sets UFG benchmark rate at 6.3pc for SNGPL and SSGC
Islamabad: A local newspaper reported Oil and Gas Regulatory Authority (OGRA) had permitted state-owned gas utilities to recover 6.3pc unaccounted-for-gas (UFG) losses...
Alibaba’s acquisition of Telenor Bank could alter dynamics of e-commerce in Pakistan
Islamabad: Apropos to a report by Profit on Tuesday, sources in State Bank of Pakistan have confirmed that it had received a...
Pakistan to pay $5.6 million monthly interest in Karkey RPP case
Islamabad: Aside the hefty $700m penalty slapped by ICSID last month in connection with Karkey Karadeniz case, Pakistan will also be paying...
Govt taking measures to boost agriculture-led exports: commerce minister
ISLAMABAD
Federal Minister for Commerce and Textile Muhammad Pervaiz Malik on Wednesday said that Pakistan has huge potential in Agriculture trade and local...