Finance Ministry notifies appointment of three SECP commissioners
ISLAMABAD: The federal government has notified the appointment of three commissioners of the Securities Exchange Commission of Pakistan (SECP) for a period...
Pakistan expects multibillion-dollar support from Saudi Arabia
ISLAMABAD: Pakistan will likely secure a multibillion-dollar financial support package from long-time ally Saudi Arabia this month, two sources said, as the country's ninth...
Sponsors of MCB buy 5.49pc stake in MCB
LAHORE: A change in ownership took place on Monday in MCB representing 5.49% of the shareholding in the bank.Â
Bugis Investments (Mauritius) Pte...
GIDC amounting to Rs448 bn stuck in limbo. What is the GIDC though?
ISLAMABAD: Several sectors owe the government some Rs 448.86 billion to the federal government under Gas Infrastructure Development Cess (GIDC), over half...
FTO jumps into oilseed saga, recommends ships be releasedÂ
ISLAMABAD: In the latest twist in the saga of soybean seeds stuck at Port Qasim, the Federal Tax Ombudsman (FTO) has thrown...
Mari Petroleum signs with major fertiliser producers for gas production
LAHORE: Mari Petroleum Company Limited (MPCL) has entered into an agreement with three major fertiliser companies in Pakistan to maintain MPCL’s Habib...
Govt likely to remove Aamir Khan as SECP chairman: sources
ISLAMABAD: A change in the top spot at the Securities and Exchange Commission of Pakistan (SECP) is in the offing as the...
Pakistan allegedly restricting foreign airlines from converting currency in a bid to keep rupee afloatÂ
LAHORE: The International Air Transport Association (IATA) warned that airline funds for repatriation blocked by governments have risen by more than 25%...
Govt readies plan to import Turkmen LPG via AfghanistanÂ
ISLAMABAD: Faced with a gas shortage crisis as winter sets in across the country, the government has drawn up comprehensive plans to...
Make CNG great again, association leader advises govt
ISLAMABAD: Pakistan’s Compressed Natural Gas (CNG) association believes that it has the solution to the government’s biggest problem – reducing foreign currency...
Imported automobiles hit 3 year lowÂ
LAHORE: The Pakistan Bureau of Statistics (PBS) released its import data for the month of October 2022, which paints a not-so-pretty picture...
Pizza Hut is set to be sold. But what went wrong with the fast food franchise?Â
LAHORE: After months of being shuttered, the franchises of Pizza Hut and Burger King are set to re-open in Pakistan after a...
If we’re getting oil from Russia, why not Iran?Â
ISLAMABAD: As the latest announcement from the government came on Monday regarding positive discussions with Russians on several proposals involving oil and...
Fatima Fertilizer eyes expansion
In an expansion bid, the Fatima Fertilizer Company Limited (FATIMA) has decided to consolidate its fertilizer business by merging its associate company,...
Bumpy year ahead as tractor industry braces for lowest sales in 15 yearsÂ
LAHORE: In an emergency meeting held on Monday, Chairman of Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM) Munir Bana predicted...