Japan provides technical support to local auto parts manufacturers

LAHORE Japan’s technical support has helped local auto parts manufacturers to get trained for the export market level by improving quality and productivity...

Up gradation, expansion: refineries may not meet deadline again

LAHORE Oil refineries in Pakistan may not complete their up gradation and expansion this time as well, despite being given additional 18 months...

Oil prices decline 1pc due to high OPEC output

Singapore: Oil prices fell by 1 percent on Wednesday, with rising U.S. fuel inventories pulling U.S. crude back below $50 per barrel,...

German companies express interest to invest in wind energy

Hyderabad: German companies have expressed keen interest in investing in wind power in Pakistan, aiming to assist the government in overcoming the...

Paypak gets approval to launch its payment services

Lahore: State Bank of Pakistan (SBP) has given approval to Onelink for launching its Paypak payment services. Once Paypak starts its operations commercially,...

Exporters advised to register with REX system to keep availing EU’s GSP+ facility

Karachi: Federation of Pakistan Chambers of Commerce and Industry, Vice-President Irfan Ahmed Sarwana on Tuesday at a seminar urged exporters to register...

SBP’s foreign exchange reserves fell by $3.9b since October 2016

Karachi: According to data available, the foreign exchange reserves held by the State Bank of Pakistan (SBP) are said to have fallen...

Ajinomoto keen to increase its investment in Pakistan

Tokyo: Pakistan’s newly appointed ambassador to Japan, Asad Majid on Tuesday disclosed that Ajinomoto Co Inc has shown inclination to expand its...

Eighth IEEEP exhibition opens in Karachi

Karachi: Karachi Chamber of Commerce and Industry (KCCI) President Shamim Ahmed Firpo has emphasized that he considers industrial exhibitions in Karachi vital...

PEW calls for promotion of agriculture and livestock sector

Islamabad: The Pakistan Economy Watch (PEW) Tuesday stressed the need for promoting agriculture and livestock sectors to get rural communities out of...

LNG imports have saved Pakistan $1.7b

Lahore: The government gamble to import Liquefied Natural Gas (LNG) seems to have paid off as it has been assessed that the...

FPCCI urges govt to decrease gas and power tariff for textile industry

Karachi: Vice President, Federation of Pakistan Chambers of Commerce and Industry, Saquib Fayyaz Magoon on Tuesday urged the Federal Government to bring...

Mobile phone users reach 139.75m during FY 2016-17

Islamabad: The Pakistan Telecommunication Authority (PTA) on Tuesday reported that the country’s mobile phone users had risen to 139.75m by the end...

Govt raises GST on petrol and high-speed-diesel

Islamabad: With the government keeping  the prices of petroleum products unchanged for August, it has decided to hike general sales tax (GST)...

ICST backs govt move to establish two more LNG terminals

Islamabad: Islamabad Chamber of Small Traders (ICST) on Tuesday said business community fully supports the government decision to establish two more LNG...