Losing to loose milk; dairy sector falling prey to unsupportive policies

LAHORE Struggling to crack the code, Pakistan maintains its late bloomer status in the dairy sector, all thanks to the ever so deteriorating...

HBL, Diamond Trust Bank merge Kenyan operations

LAHORE According to sources, one of Pakistan's premier banks, Habib Bank Limited (HBL) has merged its operations in Kenya into Diamond Trust Bank,...

Pakistan, a strategic hub for Nokia

Twitteratti went haywire on June 20, 2017. It wasn’t about JIT probing the premier and his family for tax evasion nor was...

No quick fixes

The rupee declined sharply against the US dollar during intraday trading on July 5 and neither the central bank nor the federal...

NIB bank gets delisted from PSX

Karachi: NIB bank has been delisted from the Pakistan Stock Exchange (PSX) today, in a notification sent by the entity to the...

Byco refinery starting supply to market from August

Karachi: In a notification sent to the bourse on Monday, Byco Petroleum Pakistan Limited has announced that it will be restarting production...

Oil prices rise to two-month high

Singapore: Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of sanctions against OPEC-member...

ICI Pakistan reports 16pc increase in profits for FY 2016-17

Karachi: In a notification sent to the Pakistan Stock Exchange on Monday, ICI Pakistan has announced its results for the financial year...

PCJCCI calls for digitalizing of small industries

Islamabad: Pak-China Joint Chamber of Commerce and Industry (PCJCCI) Founder President Shah Faisal Afridi has suggested that digitalizing and revolutionizing small industries...

APCMA voices concern over fall in cement demand

Lahore: The All Pakistan Cement Manufacturers Association has requested the government to reduce excise duty and import duty on coal and check...

FMPAC and govt settle fertilizer subsidy issue

Islamabad: A meeting between government officials and Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) was held at Prime Minister’s Office in Islamabad...

Punjab to set up another 1200MW gas-based power plant

Lahore: The Punjab government has decided to setup a new gas power plant with 1,200 megawatts production capacity to meet energy needs of...

PAC seeks explanation from PC regarding non-recovery of $800m from Etisalat

Islamabad: Public Accounts Committee of the Parliament on Thursday summoned Privatization Commission (PC) and sought an explanation about non-recovery of $ 800...

CDNS sets target of Rs220b for FY 2017-18

Islamabad: Central Directorate of National Savings (CDNS) has set the net target of Rs 220 billion for the current financial year 2017-18. CDNS...

Cotton yarn exports declined 1.69pc during FY 2016-17

Islamabad: According to data compiled by Pakistan Bureau of Statistics (PBS), cotton yarn exports from the country during the financial year 2016-17...