Exporters laud lifting of ban on export of surgical, N-95 masks

FAISALABAD: Pakistan Hosiery Manufacturers and Exporters Association (PHMA) North Zone Chairman Mian Naeem Ahmed on Thursday appreciated the federal government’s decision of...

Mobile phone imports surge 89pc YoY in July

ISLAMABAD: Pakistan's import of mobile phones witnessed an increase of 89.03pc during the first month (July) of the current financial year (2020-21),...

Mari Petroleum posts profit after tax of Rs7.08b for 4Q2020

ISLAMABAD: Mari Petroleum (MARI) announced its financial results today (Thursday) and reported earnings of Rs53.1/share for 4QFY20, a decline of 6 percent...

ICI Pakistan’s profit after tax for last quarter down by 81pc

ISLAMABAD: ICI Pakistan Limited (ICI) announced its 4QFY20 financial result today where the company posted a profit after tax (PAT) of Rs144...

Pact with IPPs good step but forensic audit necessary to save industry: FPCCI

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday termed the government’s recent agreement with the Independent Power Producers...

ML-I tenders to be called in 15 days, seek interest only from Chinese companies

LAHORE: International tenders for the Main Line-1 (ML-1) are likely to be invited within next 15 days, paving way for initiating civil...

CCECC team briefed about Rwp-Isl Circular Railway project

RAWALPINDI: Rawalpindi Development Authority’s (RDA) Chief Engineer Aamir Rashid and the authority’s focal person for this project Sadoon Basra briefed the Chinese...

Records of three housing schemes seized as part of inquiry into irregularities worth millions of rupees

DADU: A team of the National Accountability Bureau (NAB), Karachi, carried out a raid on the office of the Sehwan Development Authority...

CDWP defers Dasu hydropower project plan, approves 4 energy related projects

ISLAMABAD: The Central Development Working Party (CDWP), presided over by Planning Commission Deputy Chairman Mohammad Jehanzeb Khan, deferred approval of power evacuation...

Google faces global outage, users cut off from e-mail, storage, videoconferencing services

Google is facing a global outage affecting many of its services, including e-mail, storage, document and videoconferencing, The Strait Times newspaper reported. In...

$114.3m FDI recorded for Pakistan in July

ISLAMABAD: The Foreign Direct Investment (FDI) in Pakistan reached up to $114.3 million during July 2020, as compared to the net inflow...

Petroleum division orders companies to pay GIDC dues in 24 months

ISLAMABAD: The Ministry of Energy (Petroleum Division) has directed Sui Southern Gas Company (SSGC), Sui Northern Gas Company (SNGPL), Pakistan Petroleum Limited...

Karachi development plan to be unveiled within two weeks, says Asad Umar

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar announced on Wednesday that a comprehensive plan will be unveiled within...

FBR uncovers tax frauds amounting to Rs315m

ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday unearthed two cases of tax fraud amounting to a total of Rs315million in...

Govt prepares comprehensive NAP to modernise agriculture sector under CPEC

ISLAMABAD: The federal government has prepared a comprehensive National Action Plan (NAP) to modernise the agriculture sector under the China Pakistan Economic...