Stocks extend rally, KSE-100 ends 247 points higher
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a positive trading session on Wednesday, as indices remained in the green zone...
Moody’s finds telco regulations in Pakistan politicised, unpredictable
The Investor Service of Moody's Corporation – a financial services company – in its latest report about telcos said that regulations in...
Huawei launches foldable phone in China
SHENZHEN: Huawei Technologies Co Ltd started taking orders on Wednesday in China for its eagerly awaited foldable smartphone, as it ramps up...
Healthtech startup oladoc hoping to raise investment after showing promise in intl competition
Pakistan’s healthcare startup oladoc is on its way to securing meaningful investments after it became one of the finalists at an event...
Searle to buy Luna Pakistan for Rs8.6 billion
KARACHI: The Searle Company Limited will buy 100 percent of the issued and paid up share capital of Luna Pakistan (Private) Limited...
Meeting of Joint Working Group on CPEC Industrial Cooperation convenes
ISLAMABAD: The meeting of Joint Working Groups of China Pakistan Economic Corridor (CPEC) Industrial Cooperation via video conference was held here on...
SSGC identifies ten sites to install LPG air-mix plants in Balochistan
ISLAMABAD: Sui Southern Gas Company Limited (SSGC) has identified 10 sites in different localities of the Balochistan province, where natural gas supply...
Customs will check cargo weights to counter misdeclaration of imports
KARACHI: Pakistan Customs on Tuesday directed terminal operators to ensure weight logging of all the import containers being handled at ports as...
Favorable IT contract to cost Pakistan Post additional Rs100 million
ISLAMABAD: Pakistan Post had awarded a contract to run its Centralised Software System for the years 2019 and 2020 at almost double...
Reuters exclusive: Youth, women drive social business growth in Pakistan – global poll
KARACHI/LONDON: From turning organic waste into fertilizer to sharing farm equipment, new businesses seeking to address social problems in Pakistan have made...
Mari Petroleum’s profits jump 45 percent in first quarter
KARACHI: Mari Petroleum Company Limited's profit increased 45 percent to Rs7.462 billion for the quarter ended September 30, 2019, translating into earnings...
EU urges Pakistan to produce competitive products
Ambassador of the European Union to Pakistan Androulla Kaminara has said that the EU and Pakistan could launch joint ventures in various...
Rs2.5bn allocated for M-3 Industrial City
FAISALABAD: The Faisalabad Industrial Estate Development and Management Company (FIEDMC) has allocated Rs2.5 billion for the development projects of M-3 Industrial City.
A spokesman...
Egyptian companies lauded for investing in Pakistan’s economy
ISLAMABAD: Board of Investment (BoI) Chairman Zubair Gilani said on Tuesday that Islamabad welcomed the interest shown by Egyptian companies to invest $1...
Govt mulls reducing sales tax from 17pc to 12pc, Senate body told
ISLAMABAD: A Federal Board of Revenue (FBR) official on Tuesday informed the Senate's Standing Committee on Commerce and Industry that the government...