Silkbank continues ascending towards excellence, posts profit of Rs 370.4 million
The board of directors of Silkbank Limited in their meeting held on April 27, 2017 declared an operating profit of Rs 370.4...
Government should increase excise duty on cigarettes
The government should increase excise duty on cigarettes by 75 per cent in the upcoming budget. This was suggested by a technical...
2nd day of IGATEX Pakistan 2017
Talks with the government are underway for the payment of export refunds so that the liquidity crunch being faced by textile exporters...
Neelum-Jhelum Project to become operational by Jan 2018: Abid Sher Ali
Minister of State for Water and Power Abid Sher Ali has stated on Wednesday that the 969-megawatt Neelum-Jhelum Hydroelectric Project is likely...
Govt encourages adoption of smart agriculture policies
The government is focusing on adopting smart agricultural policies but climate change remains a big hurdle, Minister for National Food Security and...
Chinese company likely to set up textile unit in Karachi
One of the leading Chinese textile machinery manufacturers, Qingdao Haijia is currently in a negotiation process for setting up a manufacturing plant...
PPL makes new discovery of gas reserves in Matiari
Pakistan Petroleum Limited (PPL), the second largest gas explorer said Thursday it has found new gas reserves in district Matiari, in southern...
Textile certification necessary to access international markets
Speaking at the information seminar organised by Hohenstein Institute Pakistan, Khawaja Muhammad Younas, Chairman of All Pakistan Bedsheet & Upholstery Manufacturers Association...
NA committee for revival of ailing textile units
The National Assembly’s Standing Committee on Finance on Wednesday has backed the proposal presented by the textile sector to restructure bank loans...
Govt allows private sector to promote LNG
As per sources in the Ministry of Petroleum and Natural resources, private sector organizations will be permitted to market imported gas under...
Nepra allows Rs4.35 per unit cut in tariff under monthly fuel adjustment mechanism
The National Electric Power Regulatory Authority (Nepra) on Wednesday agreed to Rs4.35 per unit reduction for February and March under monthly fuel...
Cement manufacturers exploring new regions for exports
In order to compensate for the lost market share of cement exports to Kenya, South Africa, Mozambique and Tanzania, manufacturers have started...
Exim Bank to start functioning from December
The proposed Export-Import Bank (Exim Bank) is likely to start functioning by December, the Senate Standing Committee on Commerce was apprised on...
PSO, Toyota rollout cobranding activity at PSO retail stations
The country’s leading oil marketing company, Pakistan State Oil’s retail outlets were selected by the international automotive manufacturer Toyota to conduct a...
The First MicroFinanceBank signs pact with TPS Pakistan, enabling digital payment platforms
The First MicroFinanceBank Ltd. signed an agreement with TPS, a leading payment solutions company, to upgrade its ATM middle-ware and CMS technology.
The...