Jazz becomes first company to introduce late payment fee
ISLAMABAD: Jazz, the country’s largest cellular mobile operator, has recently imposed a late payment fee (LPF) equivalent to 5 per cent of...
Pakistan seeks rescheduling of $27bn in bilateral debt
WASHINGTON: Pakistan's new finance minister, Ishaq Dar, told Reuters on Friday that he will seek rescheduling of some $27 billion worth of...
Four wheeler sales witness worst start to fiscal year in 5 years
LAHORE: The Pakistan Automotive Manufacturers Association (PAMA) on Wednesday released their members’ sales figures for the month of September. Looking at just...
Honda extends plant shutdownÂ
LAHORE: Honda Atlas Cars Pakistan Limited (HACPL) on Tuesday notified the Pakistan Stock Exchange (PSX) that it has extended its production shutdown...
IESCO under investigation for alleged involvement in illegal activities
ISLAMABAD: Following multiple allegations, the Federal Investigation Agency (FIA) has been investigating various irregularities and massive corruption within the management of Islamabad...
Will the MPC ever be real again? Enough with the negativity!
WASHINGTON D.C: Continuing with its accommodative stance, the State Bank of Pakistan (SBP) decided to keep the policy rate unchanged at 15...
5 Pakistani banks downgraded to Caa1 by Moody’s
WASHINGTON D.C.: Moody’s Investor’s Service on Tuesday downgraded the long-term deposit ratings of five Pakistani banks including Allied Bank Limited, Habib Bank...
Suzuki announces plant shutdown againÂ
LAHORE: Pak-Suzuki Motor Company (PSMC) has notified the Pakistan Stock Exchange (PSX) that it will shut down its automobile plant from October...
Uber shuts down operations in five cities
LAHORE: Ride-hailing app Uber on Tuesday announced that it is shutting down operations in five out of six cities where it carried...
PLL fails to attract LNG bidders for long term contracts
ISLAMABAD: In the latest round of tenders floated by Pakistan LNG Limited (PLL), the state entity responsible for importing critical LNG, it...
Virgin Atlantic to expand operations in Pakistan
LAHORE: After two years of successful operations in Pakistan, Virgin Atlantic will be expanding operations in the country with the inclusion of...
Public Accounts Committee summons car company CEOsÂ
LAHORE: Public Accounts Committee (PAC) Chairman Noor Alam Khan on Tuesday directed the secretary industries and production to ensure the presence of...
Honda announces week long shutdown of car plant Â
LAHORE: Honda Atlas Pakistan Limited (HACPL) has notified the Pakistan Stock Exchange (PSX) that it will observe non-production days (NPD) from October...
Yamaha introduces sixth price increase for 2022Â
LAHORE: Yamaha Motors Pakistan has introduced its sixth price increase for the year with prices for its entire portfolio having risen by...
New Thar power plant made operational
ISLAMABAD: A critical energy project, the Thar Energy Limited (TEL) power plant finally commenced commercial operations as of October 1, marking its...