SECP board approves amendments in Exchange-Traded Fund
ISLAMABAD: The Securities and Exchange Policy (SECP) Board, which met under the chairmanship of Prof Khalid Mirza on Wednesday, approved necessary regulatory...
ECC upholds ban on wheat export
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday discussed the wheat situation in the country and in the light of...
OMCs, dealers seek Rs2 per litre hike in commission
ISLAMABAD: The oil marketing companies (OMCs) and dealers of petroleum products have asked the Petroleum Division to increase their margin on petrol...
Oil prices fall after Saudi pledge to restore lost output
NEW YORK: Oil prices retreated about 1pc on Wednesday, extending the previous day’s declines after Saudi Arabia said it would quickly restore full...
Commerce ministry opposes privatisation of PRCL
ISLAMABAD: As the government intends to privatise the Pakistan Reinsurance Company Limited (PRCL) in line with other state-owned entities, the Ministry of Commerce...
Sales of motorbikes, three wheelers decline 9.9pc in Aug
ISLAMABAD: The sales of motorcycles and three-wheelers dipped 9.91pc in August 2019 when compared with the corresponding month of last year, Pakistan...
Over 20 Pakistani textile companies participate in Paris exhibition
A four-day biannual international textile exhibition titled “Texworld” is underway in Paris, France. More than 20 Pakistani textile companies are participating in...
ExxonMobil, Pakistan’s UGDC ink LNG import deal
ISLAMABAD: ExxonMobil, the world's largest oil and gas company, has inked a deal with Universal Gas Distribution Company Pvt Ltd (UGDC) wherein...
Industrial development programme for Pakistan launched
ISLAMABAD: The United Nations Industrial Development Organisation (UNIDO) and the Ministry of Industries and Production (MoIP) have signed an accord to formally launch...
Senior Google female executive to lead Pakistan’s digitisation initiative
ISLAMABAD: The government has planned to take on board a female Google executive to put the digitisation initiative from the Prime Minister's...
Bourse turns bearish, sheds 353 points
KARACHI: The Pakistan Stock Exchange retraced its footsteps following a weak finish to the previous session and traded lower throughout Wednesday. The...
Punjab mining officials booked over illegal extraction of gold from Indus River
LAHORE: The Punjab Anti-Corruption Department on Tuesday registered a case against Punjab Mines and Minerals Department officials and others for illegal extraction of...
‘Diversification of export products among top govt priorities’
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Tuesday that the government was focusing on the diversification of export...
KAPCO’s profit soars to Rs13.1bn
The profit of Kot Addu Power Company's (KAPCO) surged 23.5pc to Rs13.11 billion mainly on the back of a notable drop in...
PTA asks Zong to take down 5G advertisements
ISLAMABAD: Pakistan Telecommunication Authority (PTA) has communicated to Zong to withdraw any advertisements that may mislead the public regarding availability of commercial...