PIA rebounds in revenue but still in loss
KARACHI: Pakistan International Airline (PIACL) on Wednesday announced its half-yearly results for the period ending June 30, 2019, after a meeting of...
Govt approves Rs10bn subsidy package to counter inflation
–Federal cabinet bans sugar exports but allows imports to ensure a continuous supply in market
–Approves Rs490,000 Hajj package for pilgrims from north...
Prominent Turkish investors to accompany Erdogan on Pakistan visit
LAHORE: Turkish President Tayyip Erdogan would be accompanied by a delegation of 34 prominent Turkish companies during his upcoming visit to Pakistan.
As per...
Coronavirus may slow Pakistan economy, IMF says
The International Monetary Fund (IMF) has expressed that the coronavirus outbreak may have an adverse effect on the Pakistani economy during its...
Govt to soon decide fate of its subordinate organisations
Merger of 35 organisational entities, transfer of 43 to Sarmaya-e-Pakistan on the cards
NEPRA defers decision to increase power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday deferred its decision to increase electricity price for the month of November...
Zaidi says ‘not going anywhere’, at least for now
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi on Thursday refuted reports of his resignation and clarified that he has...
ECC ratifies ban on sugar exports to ‘keep prices in check’
Committee rejects PM's decision to import sugar through private sector, as 'adequate stocks' are available in the country
Govt looks to curb inflation with Rs15bn relief package
–Meeting chaired by PM Imran decides to open 50,000 new utility stores across Pakistan
–Subsidised food items will be available to people from...
Pakistan to sow oilseeds across 500,000 acres this year
Govt aims to reduce import bill of edible oil by $345m
OGRA notifies hike in RLNG prices
‘This will ultimately result in increasing the price of electricity, as RLNG is a major contributor to power generation’
Alibaba offers $2.86bn in loans to firms hit by coronavirus outbreak
SHANGHAI: Alibaba Group Holdings said on Monday its affiliate Ant Financial's WeBank unit would offer 20 billion yuan ($2.86 billion) in loans...
D&B survey finds Pakistani businesses to be optimistic about future
KARACHI: Pakistani businesses are optimistic about the overall outlook in the first quarter of 2020, according to the newly launched Business Optimism...
Neck-deep in debt, is ChenOne and its parent company about to make a comeback?
Chenab Group, the retailer’s parent conglomerate, appears to be in the process of securing a restructuring agreement with its lenders. But will it be enough to revive the flagging retail chain and its textile export operation?
Can the Pakistan Environment Trust get the country to take climate change seriously?
A collection of wealthy Pakistani businessmen is trying to persuade their home country to focus on the environment – with the help of some few million dollars, and one bright 26-year old, but without much participation from local climate activists