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...
Readymade garments exports increased by 5.55pc during FY 2016-17
Islamabad: Readymade garments exports from the country during previous financial year (2016-17) increased by 5.55 percent as compared to corresponding period of...
OGRA unable to reach agreement with Oil Tankers Association
Karachi: Negotiation between oil tanker owners and the government has failed as both parties failed to reach an agreement. Earlier on Tuesday, queues...
Escort Investment Bank acquired by Bahria Town for Rs1
Karachi: Escort Investment Bank Limited and its brokerage house has been acquired for a paltry sum of Rs1 by real estate lynchpin...
Nepra approves reduction in power tariff of Rs 2.23 per unit
Islamabad: National Electric Power and Regulatory Authority (NEPRA) today approved a power tariff reduction of Rs2.23 per unit for June on account...
Mobile phone imports fell 5.78pc during FY 2016-17
Islamabad: The import of mobile phones during fiscal year 2016-17 fell by 5.78 per cent as compared to same period the previous...
PSO makes payment for its short-term borrowings
Karachi: State owned oil giant, Pakistan State Oil (PSO) on Monday said it had disbursed payments for its short-term borrowings on account...