Alto keeps Pak Suzuki afloat amid crisis in auto industry

Unlike its competitors, Pak Suzuki Motor Company (PSMCL) has not seen a single non-production day (NDP) during the last three months owing...

FBR identifies 104 benami properties

In pursuance of the prime minister's directive, the Federal Board of Revenue's Anti-Benami Zones have started a countrywide exercise to gather information...

CPEC-related bottlenecks being removed on priority: minister

ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has said that the incumbent government has provided new impetus to accelerate the...

OGRA proposes up to Rs3.23 per litre cut in POL prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has proposed a cut in the prices of petroleum products by up to Rs3.23...

WB lists Pakistan among ‘Top 20 Improvers in Doing Business 2020’

The World Bank has listed Pakistan in the list of 'Top-20 improvers in Doing Business 2020'. "Pakistan has emerged among top 20 reformers...

UBDL discontinues Johnson & Johnson products in Pakistan

United Brands Limited (UBDL) has recently announced to discontinue Johnson & Johnson products from its business portfolio, a private media outlet reported. In...

Bulls dominate as KSE-100 stages 636-point rally

KARACHI: Bulls managed to take control of the Pakistan Stock Exchange (PSX) after a slow start to the session on Friday. The indices started...

Gold import surges 24.28pc in two months

ISLAMABAD: The import of gold into the country increased by 24.28pc during the first two months of the current fiscal year (FY20) as...

‘Multibillion-dollar energy industry holds tremendous investment opportunities’

ISLAMABAD: Immense investment potential exists in the energy sector of Pakistan and the government will extend maximum facilities to investors in diverse...

Senate body approves Electric Power Amendment bill

ISLAMABAD: The Senate Standing Committee on Cabinet Secretariat unanimously approved "the Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill,...

Profit repatriation declines 10.7pc in July-August

KARACHI: Outflow of profits and dividends on foreign investment in the country decreased in the first two months of the current fiscal...

Honda’s shutdown intensifies as car sales keep declining

KARACHI: Honda Atlas Cars Ltd (HACL) has reduced working days to 11 in September due to rising unsold stocks and depressed demand....

FBR hopes to resolve conflict with traders before Sept 30

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday sent an offer of talks to representatives of the trade bodies to settle...

ICCI to move court against property tax hike

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has decided to move Islamabad High Court (IHC) against the announcement of up to...

Pakistani company inks LNG deal with Singaporean firm

ISLAMABAD: Universal Gas Distribution Company (UGDC), a private sector entity, signed a Liquefied Natural Gas (LNG) purchase deal with a Singapore-based firm, Trafigura,...