Tractor manufacturers seek timely subsidy, ST refunds to revive sales
ISLAMABAD: The tractor industry on Tuesday expressed hope that the announcement of subsidy on sales tax on the locally-manufactured tractors for a...
GSK to discontinue manufacturing, supply of Zantac products
LAHORE: Pharmaceutical company GlaxoSmithKline Pakistan Limited (GSK) has decided to discontinue the manufacture and supply of the Ranitidine brand (Zantac), informed the...
Flour millers to continue strike as dialogue with govt on wheat price remains inconclusive Â
LAHORE: The negotiations between the government and the flour mills association on wheat price failed and the latter decided not to end...
Oil prices hit one-month highs on output cuts, demand signs
SINGAPORE: Oil prices climbed by more than $1 a barrel on Monday, supported by output cuts and signs of gradual demand recovery...
Govt to assist foreigners to enhance investment in SEZs: Qureshi
LAHORE: Minister for Foreign Affairs Shah Mehmood Qureshi Sunday reaffirmed the Pakistan Tehreek-e-Insaf (PTI) government’s commitment to fully encourage  foreign investment in...
‘Wheat shortage’: KP flour millers announce closure from todayÂ
PESHAWAR: The Pakistan Flour Mills Association (PFMA) Khyber Pakhtunkhwa chapter on Sunday announced to close all flour mills in the province indefinitely...
Pakistani company to manufacture Remdesivir within 8 weeks: Dr Zafar
A Pakistani pharmaceutical company has concluded its voluntary licensing agreement with US pharmaceutical company Gilead for the manufacture and sale of Remdesivir.
IEA still sees record 2020 oil demand fall but easing lockdowns helping
LONDON: Oil demand is still set for a record fall in 2020, the International Energy Agency (IEA) said on Thursday, but it...
NTDC energises first 500kV HVAC transmission line
The National Transmission and Despatch Company (NTDC) has connected the High Voltage Direct Current (HVDC) system with High Voltage Alternating Current (HVAC)...
OPEC slashes oil demand forecast again, sees biggest hit this quarter
LONDON: OPEC slashed its forecast on Wednesday for global oil demand this year and predicted this quarter would see the steepest decline...
PRGMEA demands zero-rating regime as buyers hold payment for indefinite time
LAHORE: The value-added textile industry has asked the government to immediately restore zero-rating regime for the five exporting sectors, which are facing...
Diamer-Bhasha dam contract awarded to Power China-FWO
The Rs442bn agreement includes construction of main dam, diversion system, access bridge and 21MW Tangir Hydropower Project
Ferozsons concludes agreement with Gilead to produce Remdesivir
Remdesivir has been granted emergency use authorisation (EUA) by the US Food and Drug Administration (FDA) and authorities in Japan to treat hospitalised patients with severe COVID-19 disease.
Big industry contracts 23pc in March
ISLAMABAD: As the government had imposed a partial lockdown during the month of March owing to COVID-19 outbreak in the country, growth...
Poultry industry asks govt to allow free market price mechanismÂ
LAHORE: The Pakistan Poultry Association (PPA) on Tuesday urged the government to allow a free market mechanism to function and regulate demand,...