Raiding the sports league market
Since independence, Kabaddi is the only game that has kept Pakistan in the top ranks of the international ecosystem of sports. And...
Chinese firms eye Pakistan amid Beijing’s ‘Silk Road’ splurge
Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months,...
SBP governor directs banks to focus on agriculture credit
State Bank of Pakistan Governor Ashraf Mahmood Wathra has urged the banks to understand the needs of the economy and focus on...
OMCs’ sales up by 8pc in January
Oil Marketing Companies (OMC) sales remained slightly lower than estimates at 8 per cent in January 2017 compared to last January of...
Engro Foods posts PAT of Rs 2.386b in 2016
The Engro Foods (EFOODs) on Friday announced full year net profit after tax (PAT) of Rs 2.386 billion in 2016 down by...
Mian Mansha brings Hyundai cars back to Pakistan
South Korean carmaker Hyundai Motor Co is expected to resume assembling of cars in Pakistan, according to a statement sent to PSX...
Daewoo bus service company soon to be listed on stock exchange
Daewoo is in the process of being listed on the Pakistan Stock Exchange, reported a national daily. The China-Pakistan Economic Corridor (CPEC)...
BOP writes off Rs1589.3 million worth of loans
The Bank of Punjab has provided details of names of beneficiaries with the written-off amounts to the Punjab Assembly on Wednesday from...
Work on the TAPI gas pipeline project to begin this month
Work on the long-awaited Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline will commence in Pakistan this month.Tapi Company, mandated to run the pipeline, has awarded...
NEPRA overturns its charges against K-Electric overcharging its consumers
“The authority (Nepra) modifies the impugned decision dated June 10, 2014 to the extent that KEL must ensure that no such kind...
Oil & Gas firms’ receivables mount to Rs 338b
The Ministry of Petroleum and Natural Resources has asked the Prime Minister to intervene as the receivables from power producing companies soar...
5 ZTBL officials fake as ghost farmers to steal millions of government funds
Five official workers namely Khushdil Khan, Binyamin Khan, Zari Gul, Sajjad Mehmood and Mohammad Fayyaz of Zarai Taraqiati Bank (ZTBL) have been...
No manufacturing date on General Tyres poses hazard to safety standards
Generally, tires expire in six years and the age of the tires can be tracked using the manufacturing date and a code...
Delay in payments exposes PSO to liquidity crunch
A delay in the payments of outstanding dues by government organisations has exposed Pakistan State Oil (PSO) to a liquidity crunch as...
OGRA proposes POL price hikes of up to Rs 16.71/litre
The Oil and Gas Regulatory Authority (OGRA) has worked out an increase of up to Rs 16.71 per litre in the prices...