Auto industry plunges into deep crisis
'An increase in advance customs duty on all raw materials and imposition of up to 7.5pc FED proving deadly for the...
Textile exports increase 3.12pc in July
ISLAMABAD: The textile exports from the country witnessed an increase of 3.12pc during the first month of the current financial year (July-FY20) as...
Trump talks up economy, talks down Fed amid mixed data
WASHINGTON: President Donald Trump on Thursday said the US economy was doing well and could be record-setting if only the Federal Reserve lowered...
Eurozone bankers warn of ‘more protracted’ slowdown
BERLIN: Eurozone central bankers had worried that an economic slowdown hitting the bloc would drag on, as they prepared the ground for a...
SMEDA to set up 1,000 stitching units
SIALKOT: The Small and Medium Enterprises Development Authority (SMEDA) has decided to establish 1,000 stitching units in industrial cities of the country,...
Zong becomes first telco to conduct successful 5G trials in Pakistan
China Mobile Pakistan (CMPak), popularly known as Zong, has successfully conducted 5G trials in Pakistan, a press release issued by the company...
World Bank president to visit Pakistan in November
ISLAMABAD: World Bank Country Director Patchamuthu Illangovan on Thursday informed Adviser to Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh that...
PM urges Chinese company to set up waste-to-energy plant in Pakistan
ISLAMABAD: Prime Minister Imran Khan has reiterated his commitment to providing all possible facilities to the investors in undertaking profitable business ventures in...
Bulls continue to rule PSX; index gains another 911 points
KARACHI: The Pakistan Stock Exchange (PSX) managed to attract investors once again on Thursday after three consecutive positive sessions.
The indices witnessed a good...
Final round of consultations on renewable energy policy draft commences
ISLAMABAD: The final round of consultations on the finalisation of new renewable energy policy draft commenced at the Alternative Energy Development Board (AEDB)...
Pharma Bureau off the hook
ISLAMABAD: The Competition Commission of Pakistan (CCP), while setting aside its show-cause notice issued to Pharma Bureau for prima facie cartelization, has warned...
‘Govt committed to reducing business regulations’
ISLAMABAD: World Bank Country (Pakistan) Director Patchamuthu Illangovan called on Adviser to Prime Minister on Commerce Abdul Razak Dawood to deliberate on...
‘Govt committed to reducing business regulations’
ISLAMABAD: World Bank Country (Pakistan) Director Patchamuthu Illangovan called on Adviser to Prime Minister on Commerce Abdul Razak Dawood to deliberate on...
Bank AL Habib declares pre-tax profit of Rs8.55bn
The Board of Directors of Bank AL Habib Limited announced the financial results for the half-year ended June 30, 2019. The bank...
IPO-Pakistan vows ‘relentless drive’ against counterfeiting, piracy
ISLAMABAD: In a drive against counterfeiting and piracy, Intellectual Property Organization (IPO-Pakistan), in collaboration with the law enforcement agencies, would act against those...