Govt ends subsidized gas tariff for five export-oriented sectors, effective May 1st, 2023
The govt was previously paying the subsidy to the textile, sports, surgical, leather, and jute sectors
Toyota announces third round of NPDs for 2023 as Honda’s plant faces longest closure in recent history
As Honda’s decides to not produce a car for 68 days, Toyota will observe a shutdown from May 2 to May 3
Airlink’s profits collapse by more than half for Q3FY23 amidst LC inaccessibility
Quarterly profit shrinks by 62% QoQ whilst 9MFY23 down by a third YoY
Toyota turns to banking: Investment earnings drive profitability amid automotive downturn
Of the company’s Rs4.8b pre-tax profit, Rs3b came from investment earnings as it ends quarter with final earning of Rs3.2b
China opens doors to Pakistani cherry with strict conditions
Under the protocol, local cherries need to be kept under one-degree temperature for over 18 days after which health of fruit will be checked for final export
Govt to limit electric bike, rickshaw scheme to 15,000 recipients Â
Balloting to be conducted if number of applicants exceeds quotaÂ
Competition heats up in soda ash manufacturing industry
Sapphire Textile Mills Ltd.’s wholly owned subsidiary Sapphire Chemicals (Pvt.) Ltd. announces plans to establish soda ash manufacturing facility
JS agrees to pay BankIslami minority shareholders in cash rather than in kindÂ
KARACHI: Acquiescing to the demands of minority shareholders, JS Bank Limited has decided that its bid to buy 24.88% shares in BankIslami...
With baggage in tow, Lootah finally reaches Summit Bank summit
UAE Investor who was named in FIA investigation of fake accounts case involving Zardari acquires controlling stake in the bank after Rs 10 billion injection
Balochistan Glass acquires 50% ordinary shares of MMM Holding
LAHORE: According to a Pakistan Stock Exchange (PSX) notification, the Balochistan Glass Ltd (BGL) has received a Notice of Punjab Announcement of...
TPLI’s acquisition of target company approvedÂ
TPLI was launched as a general insurance company, it introduced innovative insurance products using creative marketing tactics in Pakistan
Another day, another claim of ‘just a few more days’Â
The govt’s repeated claims that a deal with the IMF is only a few days away have become laughable
With help from SBP, GB recovers over Rs1b worth of govt funds from 300 dormant accounts
Investigation revealed close to 600 public accounts, from as far back as 1984
Govt to submit SOEs bill in Parliament for better management of losses making entities
No policy framework to cover entire SOEs portfolio at present
Workers protest after Master Tiles fails to pay four months wages on eve of Eid
Factory management tried to placate the protestors with Rs 10,000 per worker and the promise of releasing the payment after Eid despite earlier promises