Bioexyte’s bid to acquire 30pc stake in Mitchell’s falls through

LAHORE: Mitchell’s Fruit Farms Limited (MFFL) on Thursday informed the Pakistan Stock Exchange (PSX) and its shareholders that negotiations with the prefered...

Silkbank, Visa partner to further e-commerce drive

KARACHI: Silkbank Ltd is one of the leading and fastest growing consumer banks in the country, with 123 branches in 39 cities....

Indonesia’s Lion Air intends to start flights from Pakistan, envoy says

Indonesian airline Lion Air intends to start flights from Pakistan and negotiations with aviation officials in this regard were already underway, said...

BRI moot lauds CPEC, seeks greater regional connectivity

ISLAMABAD: The Pakistan-China Institute (PCI) convened the first ever Non-Governmental Online Conference on Belt and Road Initiative (BRI), of which CPEC is...

Govt takes away drug pricing power from pharmaceutical companies 

ISLAMABAD: The federal government has put an end to the power of pharmaceutical companies to increase prices of drugs while not paying...

KP to complete work on 60MW hydropower projects by December

PESHAWAR: The Khyber Pakhtunkhwa (KP) government aims to complete hydropower projects totalling 60 megawatts (MW) by December 2020.  Currently, work on seven power...

Export woes sour Pakistan’s prized mango season

'Mango exports have dropped around 40pc compared to the same period last year, with just a few months left in the season'

FBR likely to miss target for 1st quarter of FY21, new chairman tells NA body

--NA committee criticises FBR's tax refund process, seeks detailed briefing on stuck-up amounts  --ZTBL urged to help farmers by providing loans at lower...

Telenor Microfinance Bank reports Rs16.3bn loss for 2019

KARACHI: Telenor Microfinance Bank on Wednesday, released its financial statements for the year ending December 31, 2019 announcing a loss after tax...

Punjab govt to conduct physical verification of flour, sugar stocks

Millers warned of stern action in case of non-cooperation

Increasing global market reach vital part of trade policy, says Razak Dawood

ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday urged exporters to increase market reach across...

Imran calls for combined strategy to help labourers during pandemic

PM addresses ILO Global Summit, says many countries, including Pakistan, depend upon remittances sent by overseas workers

102MW Gulpur hydropower plant starts production

LAHORE: Gulpur Hydropower Project has achieved certified commercial operation and has started producing cheap electricity for the national grid, said NESPAK Managing...

Online medicine delivery startup emeds.pk secures six-figure seed investment

The digital pharmacy currently operates in Lahore and plans to branch out to other cities in the near future 

SBP cuts markup rate to 5pc on two refinance schemes

KARACHI: The State Bank of Pakistan (SBP) has reduced markup rates on two of its refinance schemes to 5pc, from 7pc and...