Pakistan misses cotton bales target by 7m in 2019
LAHORE: Pakistan, once the proud home to world's best cotton, has missed its 2019 target of producing 15 million cotton bales by...
K-Electric’s online fuel cost adjustment calculator goes live
K-Electric (KE) has launched a Fuel Cost Adjustment (FCA) calculator on its website, which will allow consumers to calculate the impact on...
With ML-I signed, CPEC investment portfolio touches $50bn
ISLAMABAD: With the approval of Mainline-I (ML-I) Railway Project, the total cost of projects under the China-Pakistan Economic Corridor (CPEC) has surged...
FPCCI demands cut in mark-up rate
LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday urged the government to reduce mark-up rate in the country...
Punjab Green Development Programme ‘moderately unsatisfactory’: WB
ISLAMABAD: The World Bank has downgraded the $200-million Punjab Green Development Programme to "moderately unsatisfactory" as Punjab Chief Minister Usman Buzdar-led government...
Transporters’ strike to end soon as talks underway: Dawood
KARACHI: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Saturday that talks were underway with the protesting goods' transporters and...
FBR finds about 10,000 people involved in tax evasion, money laundering
ISLAMABAD: The Federal Board of Revenue (FBR) has found about 10,000 people allegedly involved in tax evasion and money laundering.
The bureau is...
SECP launches one-stop-shop in Balochistan, Khyber Pakhtunkhwa
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will extend its one-stop Shop (OSS) facility for company registration to Balochistan and...
10 banks sign deal to create Pakistan Corporate Restructuring Company
KARACHI: In a bid to revive sick industrial units,10 banks of the country signed an agreement to establish Pakistan Corporate Restructuring Company...
ICI Pakistan starts commercial production of Morinaga infant
KARACHI: The ICI Pakistan Limited has announced that its subsidiary NutriCo Morinaga Private Limited has commenced commercial production of infant formula products...
Govt to accelerate work on CPEC projects in 2020
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar has said that the pace of projects under the China Pakistan...
Bank Alfalah clinches Best Bank Award for 2019
KARACHI: Bank Alfalah clinched the Best Bank Award for 2019 at the 4th Pakistan Banking Awards ceremony held in Karachi the other...
Horticulture exporters fear huge losses as transporters’ strike continues
ISLAMABAD: As the transporters’ strike continues, horticulture exporters fear that they may face huge losses as perishable items in containers stuck at various...
Tobacco industry caused Rs153bn loss in three years
ISLAMABAD: The country's tobacco industry caused a whopping Rs153 billion loss to the national exchequer from 2016 to 2019.
This was informed by Campaign...
Center, Sindh at loggerheads over proposed gas pricing formula
ISLAMABAD: The federal government and the Sindh government are at loggerheads over the proposal to include the price of imported LNG in...