Business
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Commercial use hikes house rents in Islamabad
ISLAMABAD: The federal capital is fast becoming a city of elite contrary to the repeated claims by respective governments to...
123,649 cusecs water released to maintain flow
ISLAMABAD: In a bid to reduce pressure, the Indus River System Authority (IRSA) Wednesday released 123,649 cusecs water from various...
Govt releases Rs118.38m for development projects
ISLAMABAD: The federal government has issued Rs118.38 million for various developmental projects under the Public Sector Development Programme (PSDP) 2015-16...
Pakistan leather exports decline 28% during this year
KARACHI: The leather sector is fast losing its global market share to its competitors due to sheer negligence by the...
SNGPL, SSGC suffer Rs46.37b line losses in 2014-15
ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC) recorded huge combined line losses...
App-based taxi service Uber to be launched in Pakistan
ISLAMABAD: The international app-based taxi service, Uber, has announced to start operations in Pakistan. The job listings page on the...
SECP to issue consolidated insurance rules
ISLAMABAD: In a bid to make insurance regulation effective for the sector, the Securities and Exchange Commission of Pakistan (SECP)...
Cotton import from India slapped with 10% import duty
KARACHI: Value-added textile sector on Monday called the 10 percent regulatory duty slapped on cotton yarn import from India as...
Large-scale industrial output grows 4.11pc
ISLAMABAD: Large-scale manufacturing (LSM) grew by 4.11 per cent in the first two months of the current fiscal year from...
Pakistan meat exports up 44% in Q1
ISLAMABAD: The exports of meat and meat preparations from the country increased by 44.10 percent during the first quarter of...
K-Electric secures $ 250 million financing from OPIC
WASHINGTON: K-Electric Limited and the Overseas Private Investment Corporation (“OPIC”), the U.S. government’s development finance institution, have executed a commitment...
KP NAB arrests man in housing scam
PESHAWAR: The NAB Khyber Pakhtunkhwa Thursday arrested a man, namely Abdul Hashim, who was involved in fraud in acquisition of...
Multan’s 63,000 farmers to be benefited from PM relief package
MULTAN: As many as 63,000 small farmers of Multan would benefit from the Prime Minister relief package. Additional District Collector...
KP govt gives 5% concession on mark up for new industries
PESHAWAR: The Khyber Pakhtukhwa government has granted 5 per cent concession on mark up on loans for new industries in...
Agri body sets 26m tons target for wheat production
ISLAMABAD: The Federal Committee on Agriculture has set the wheat production target at 26 million tons from an area of...
Power tariffs reduced by Rs2.88 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has okayed reduction in power tariffs by Rs2.88 per unit for the...
SECP’s policy board amends Takaful Rules
ISLAMABAD: The Policy Board of Securities and Exchange Commission of Pakistan (SECP) has approved amendment in Rule 10(1)(s) of the...
Regulations for internet banking security issued
KARACHI: The central bank has issued regulations for the security of internet banking. The State Bank of Pakistan issued the...
ADB to provide $ 178m for National Motorway Gojra-Shorkot section project
ISLAMABAD: The Government of Pakistan and Asian Development Bank signed a Loan agreement of US $ 178 million for...
APBUMA opposes levy of 10% tax on import of cotton yarn
MULTAN: Chairman All Pakistan Bed sheets and Upholstery Manufacturing Association strongly opposed the government decision of imposing 10% regulatory duty...
