Railways seeks Rs73bn for ongoing, new projects in next PSDP
ISLAMABAD: Pakistan Railways (PR) has proposed Rs73 billion for ongoing and new projects in the next Public Sector Development Programme (PSDP) for...
Pakistan has a good balance of locally assembled and imported used cars: Nissan SVP
KARACHI: Nissan Motor Corporation Senior Vice President Peyman Kargar says that Pakistan has a good balance of imported, used, and locally manufactured...
NA body recommends govt to prioritise railways projects
ISLAMABAD: Standing Committee on Pakistan Railways (PRs) has recommended the projects of PRs may be given priority by the government, especially the...
Uber agrees to divest its South-east Asian operations to Grab
SINGAPORE/SAN FRANCISCO: Ride-hailing firm Uber Technologies Inc has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms...
Oil, food, transport imports grow 29pc in July-February
LAHORE: Pakistan’s oil, food and transport import bill amounted to $16.2 billion in the first eight months of the current fiscal year,...
CPEC could bring economic prosperity, decrease poverty: Report
LAHORE: A report by World Bank (WB) entitled “The Web of Transport Corridors in South Asia”, says CPEC investment in road, railways...
Transport corridor projects to create economic surplus: WB report
ISLAMABAD: A report launched by the World Bank Group (WB) here on Thursday revealed that investment in transport corridors is expected to...
SHC seeks govt, OGRA reply in petroleum price hike case
KARACHI: The Sindh High Court (SHC) on Monday has sought comments from the Ministry of Petroleum, and the Oil and Gas Regulatory Authority...
Automotive sector down 7.1pc, while cements lacked 6.1pc in February
LAHORE: Investors at the Pakistan Stock Exchange (PSX) had a mixed month of February. Political uncertainties mostly led investor confidence amongst a severe...
Courier companies denounce proposed logistics regulation bill
KARACHI: The bill passed by the National Assembly and titled as ‘Pakistan Courier and Logistics Regulatory Authority Act 2017’ is under the...
Gwadar and Chabahar different since inception: Manish Tewari
WASHINGTON: Former Union Minister of State in India, Manish Tewari has made comparisons between Gwadar port in Pakistan and Chabahar port in...
Vespa makes a comeback, Ravi unveils Primavera
LAHORE: Italian Ambassador in Pakistan Stefano Pontecorvo along with Ravi Group director unveiled the new Vespa Primavera scooter at the launching ceremony...
Pakistan’s largest automobile expo kicks off in Lahore
LAHORE: National Assembly Member Shaista Pervaiz Malik and Italian Ambassador in Pakistan Stefano Pontecorvo inaugurated the Pakistan Auto Show 2018 at the...
PIA earns new standard ISO 9001-2915
KARACHI: Pakistan International Airlines (PIA) has earned another 'First' in the region to make a transition to the new standard ISO 9001:2015...
IMC sources 126 million local Auto parts every day
ISLAMABAD: “Indus Motor Company (IMC) sources 126 million local parts every working day and if you touch the Corolla, there is a 90%...