Pak businesses should get benefits from special economic zones under CPEC: Chinese Ambassador

ISLAMABAD: Ambassador of China to Pakistan, Yao Jing has said that the business community of Pakistan should get benefits from special economic...

Govt exported 1.2 MMT sugar during 2016-17: Pervaiz Malik  

ISLAMABAD: Minister for Commerce and Textile Muhammad Pervaiz Malik on Friday said that since the start of the crushing year 2016-17 up...

SBP injects Rs1,141.7bn into money market

KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs1,141.7 billion into money market for seven days as reverse repo through its...

Federal govt to table budget on April 27: Miftah

ISLAMABAD: Advisor to Prime Minister on Finance, Miftah Ismail has said that the federal government would present the budget for the fiscal...

Pumping out water for Thar coal mining not to affect drinking water sources: SECMC

ISLAMKOT (THARPARKAR): Revealing some of the unknown facts and breaking a commonly perceived myth, Sindh Engro Coal Mining Company (SECMC) has clarified...

Rio Tinto mulling to attract bids over $2.5bn for last two coal mines

MELBOURNE/LONDON: At least three bidders are expected to submit final offers for global miner Rio Tinto’s Hail Creek and Kestrel coal mines...

Market Daily: KSE 100 slips below 43,000

LAHORE: The Pakistan Stock Exchange (PSX) had another rough trading session where the indices shed gains and investors lost profits. Foreign investors...

Exports achieve 16.5 pc growth, set to contribute 0.8 pc to GDP

ISLAMABAD: According to officials at the Ministry of Commerce, exports which had been increasing since June 2017 have continued the trend during February 2018...

PPL discovers hydrocarbons in Adhi South, Rawalpindi district

LAHORE: In a notification sent to the Pakistan Stock Exchange (PSX), Pakistan Petroleum Limited (PPL) notified the bourse that the company has...

US Commercial Service to lead delegation of Pakistani companies to NPEW

KARACHI: The United States Commercial Service (USCS) will lead a delegation of Pakistani companies to the Natural Products Expo West/Engredea (NPEW), to...

CPEC opens new avenues of value-addition in textile garments sector: FCCI

FAISALABAD: Instead of just sticking to the export of raw or semi-finished products, the industrialisation phase of China Pakistan Economic Corridor (CPEC) has...

CCP issues show cause notice to PFMA for collusive practices 

KARACHI: The Competition Commission of Pakistan (CCP) has issued Show Cause Notice to Pakistan Flour Mills Association (PFMA) for prima facie violating...

Market Daily: KSE-100 plummets 368.44 points

LAHORE: The KSE-100 witnessed some major swings, plummeting 500 points initially on hefty profit-taking. However, recovery towards the end (132 points recovery...

PSX set to launch ETF this year: Morin

KARACHI: Pakistan Stock Exchange (PSX) CEO Richard Morin said on Thursday an exchange-traded fund (ETF) will be launched on the bourse in the second...

FBR attaches NTDCL accounts over non-payment of tax

LAHORE: The Federal Board of Revenue (FBR) on Wednesday, attached National Transmission and Despatch Company Limited’s (NTDCL) entire bank accounts for failing to...