Textile ministry: headless since two years
While the country’s exports are showing a record decline due to the slash in textile exports, the Ministry of Textile Industry remains...
PIA’s sale of A-310 to German Museum questioned
The management of the Pakistan International Airlines (PIA) is showing interest for a possible sale out of an operational A-310 aircraft to...
Alibaba explores possible entry into local e-commerce industry
After Prime Minister Nawaz Sharif met Jack Ma, the founder of Alibaba , during World Economic Forum in January this year, company officials...
SECP reports M R Securities to int’l securities regulators
The Securities and Exchange Commission of Pakistan (SECP) has reported a local stockbroker, M R Securities alleged of financial fraud, to international...
PIA likely to return Airbus 330 wet leased for its Premier Service to London
Pakistan International Airlines (PIA) is likely to return Airbus 330 aircraft wet leased from SriLankan Airlines (SLA) for its premier service to London,...
TAPI Gas Pipeline project enters practical phase in Pakistan
The multi-billion dollars Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project entered its practical phase in Pakistan after the process of initiating front-end-engineering-and-design (FEED) route...
Govt allocates Rs27.96b as fertilizer subsidy
Minister for National Food Security and Research Sikandar Hayat Bosan Friday told the Senate that the government allocated Rs 27.96 billion in...
Six Pakistani companies to be listed on FTSE
Six Pakistani companies are soon going to be listed on Financial Times Stock Exchange’s (FTSE) Global Equity Index, local media has reported.
These...
Nishat Mills exploring possibility of introducing electric & hybrid cars
Nishat Group, that had recently announced the setting up of an assembly plant in agreement with Hyundai Motor Company is planning to...
TDAP to take part in Intertextile Shanghai Apparel Fabrics Expo
Intertextile Shanghai Apparel Fabric Expo, the apparel fabrics and accessories industry’s largest trade fair will take place from 15-17 March in Shanghai,...
Pakistan’s non-competitive rice loses international market
Apart from falling textile exports textile, rice exports are also expected to record a reduction of around 30 percent this year as...
Withholding tax on raw material imports to be reduced by 2.5pc
The National Assembly Standing Committee on Finance, Revenue and Privatisation, during a recent meeting has conceded to a proposal to grant 2.5pc...
SNGPL to invest Rs 110.5 b to supply 1200 MMCFD LNG
Sui Northern Gas Pipelines Limited  (SNGPL) has decided to import a further 1200 MMCFD LNG for upcoming LNG terminals in the country....
Bestway takes another step to market leadership
Bestway Cement Limited has decided to invest in a Brown Field cement plant with a capacity of 6000 Â tonnes of clinker per...
German truck maker Man Se to enter local automobile industry
German truck maker MAN SE is actively engaged in setting up an assembly plant in Pakistan, reported a national daily.
In anticipation of...