PIA adds Airbus A320 to its operational fleet
KARACHI: Just after a month PIA adds another aircraft A320 in its fleet which was grounded for more than 13 months, a PIA Spokesperson said.... Read more
View ArticleOverseas Pakistanis remit US$21.84 billion during FY19
KARACHI: Overseas Pakistani workers remitted US$21.841 billion during FY19 showing a growth of 9.68% compared with US$19.913 billion received in FY18. During June 2019, the... Read more
View ArticleSECP warns public about illegal activities of Galaxy Typing Jobs
ISLAMABAD: The SECP has noticed that M/s. Galaxy Typing Jobs (SMC-Private) Limited is involved in illegal business activities of taking unauthorized deposits from the public... Read more
View ArticleTurkey should remove local preventive in PTA/FTA with Pakistan: FPCCI
KARACHI: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has said Turkey should remove local preventive in... Read more
View ArticleHonda halts production, Indus to follow
LAHORE: Honda Atlas Cars Pakistan (HACP) shut down its plant for 10 days on Friday as its inventories piled up to 2,000 units on plummeting... Read more
View ArticleAll major markets in Karachi closed as traders observe shutter down strike
KARACHI: Traders in Karachi observed a token shutter-down strike on Saturday against excessive taxation and harsh regulatory conditions, as all the major markets remained closed.... Read more
View ArticleTop Thai Brands Expo will be held on July 20-22 in Karachi
KARACHI: Aiming to enhance bilateral trade between two countries, a three-day expo “Top Thai Brands 2019” exhibiting top brands of Thailand is being organized on... Read more
View ArticleEngro Fertilizers get Awards for Best Environmental Performance and Tree...
Karachi: Engro Fertilizers Limited has received two awards for Best Environmental Performance and Tree Plantation. Every year, the National Forum for Environment and Health (NFEH)... Read more
View ArticleSBP likely to increase interest rates by 100bps
KARACHI: State Bank of Pakistan will announce the Monetary Policy statement for July and August on Tuesday, wherein market is expecting a 100bps increase. Street... Read more
View ArticleSBP releases 3rd quarterly report on state of economy for FY19
KARACHI: While Pakistan’s economy moved along the stabilization phase led by demand management policies, vulnerabilities in the external and fiscal sectors persisted during Jul-Mar FY19,... Read more
View ArticleM/s Steel Vision files complaint against Deputy Director Sanam Qureshi and...
KARACHI: Desperate, M/s Steel Vision has lodged a complaint with Director General Audit Inland Revenue & Customs (South) against Deputy Director Customs Intelligence Sanam Qureshi... Read more
View Article7th FPCCI achievements awards ceremony on July 25th
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the apex body representing Pakistan`s Industry and Services will hold its 7th FPCCI Achievement... Read more
View ArticlePakistan’s textile sector exports decline 1.42pc in FY19
KARACHI: Despite over 30 percent rupee devaluation, country’s overall textile sector exports declined 1.42 percent to $13.329 billion in the fiscal year ended June 30,... Read more
View ArticleABAD urges government to take action against cement, steel cartels
KARACHI: Muhammad Hassan Bakshi, Chairman Association of Builders and Developers of Pakistan (ABAD), has urged the government to take stern action against cartelization of cement... Read more
View ArticleUrea sales grow 5pc to 2.87 million tons in first half
KARACHI: Urea sales grew five percent year-on-year to 2.87 million tons in the last six months as buyers rushed to pile up stocks ahead of... Read more
View ArticleMalik Abid arrested in the case of TP cargo replacement
KARACHI: MCC Appraisement West has lodged an FIR against M/s Usman Trading Company, M/s Z.S Logistics and others for mis-declaring description, quantity and import of... Read more
View ArticleMurderer of Deputy Collector Dr. Abdul Qudoos granted bail by Court
QUETTA: The Quetta Court has granted bail to Haji Sadiq Achakzai, the prime accused in the murder of Deputy Collector Dr. Abdul Qudoos Sheikh. However,... Read more
View ArticleLocal pharmaceutical companies take a hit as border with Afghanistan closed...
KARACHI: The pharmaceutical manufacturers are anticipating a significant decline in sales, as the border with Afghanistan was closed stopping informal export of medicine to the... Read more
View ArticlePakistan Oilfields posts 48% growth in profits
KARACHI: Pakistan Oilfields Limited (POL) unveiled its FY19 profit after tax at PKR16.87 billion (EPS PKR59.44) versus PKR11.38 billion (EPS PKR40.10) registered during last year,... Read more
View ArticleAttock Petroleum Limited records 30% decline in profits
KARACHI: Attock Petroleum Limited (APL) unveiled its FY19 financial results with profit after tax at PKR3.96 billion (EPS PKR39.79) versus PKR5.66 billion (EPS PKR56.83) recorded... Read more
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