Pakistan retains top position as world’s largest importer of Kenyan tea
Nairobi: Pakistan has retained top position as world's largest buyer of Kenyan tea with stocks worth Sh35 billion in the 10 months...
FBR launches POS invoice system for major retailers
Islamabad: In a major development towards e-commerce, the Federal Board of Revenue (FBR) has introduced Point of Sale (POS) invoicing system for major...
Pakistan to increase Malaysian palm oil imports after India’s boycott
KARACHI: Pakistan is gearing up efforts to increase its palm oil imports from Malaysia, following restrictions placed by India, the world’s largest...
With 3% growth rate, China likely to remain world’s biggest trading nation
BEIJING: By posting a 3.4 pecent growth rate and a total foreign trade volume of 31.54 trillion yuan (about $4.6 trillion), China...
Power Division’s move to hike tariff perturbs APTMA
ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed serious reservations and anger over a letter written by the Ministry of Energy...
PTI govt misses IMF target, adds Rs565b to circular debt
ISLAMABAD: Prime Minister Imran Khan-led PTI government has added about Rs565 billion to the circular debt, missing the International Monetary Fund’s (IMF)...
OPEC raises 2020 global oil demand forecast
PARIS: Organisation of the Oil Exporting Countries (OPEC) has raised its 2020 estimate for growth in global demand for oil, while noting...
Hyundai-Nishat start mass production of light trucks
KARACHI: Mass production of Hyundai Porter H-100 pickup has begun at Hyundai Nishat Motor (Private) Limited’s (HNMPL) assembly plant in Faisalabad.
A statement...
CPFTA is game-changer for enhancing Pakistan exports: Dawood
ISLAMABAD: Advisor to Prime Minister on Commerce, Industries, Textile and Investment Abdul Razak Dawood has said that China-Pakistan, Free Trade Agreement (CPFTA)...
Donald Trump all praise for ‘momentous’ US-China trade deal
WASHINGTON: President Donald Trump has ended two years of escalating trade battles with China, with a partial agreement to resolve some areas...
China to import meat, potatoes, mangoes from Pakistan
ISLAMABAD: China's Ambassador to Pakistan Yao Jing has said Beijing is keen to import meat, potatoes, onions, mango and cherry from Pakistan.
He...
NEPRA’s annual report: DISCOs cause Rs123bn loss in FY19
ISLAMABAD: Due to inefficiency, poor recovery through electricity bills and transmission and dispatch (T&D) losses, the country’s power distributing companies (DISCOs) caused...
Ministry refers alleged corruption case at KPT to NAB
ISLAMABAD: The Ministry of Maritime Affairs on Wednesday referred a case to the National Accountability Bureau (NAB) to ascertain the alleged corruption...
Business Incubation Programme launched for tribal districts
ISLAMABAD: A Business Incubation Programme for the youth of the newly merged districts was launched here today by USAID in partnership...
Unilever Pakistan appoints Amir Paracha as new CEO
Unilever Pakistan Limited on Wednesday announced the appointment of Amir Paracha as its Chief Executive Officer (CEO). He will be taking over...