Business

CHAKWAL: Bestway Cement Limited has taken over Lafarge Cement plant located near Kallar Kahar. To mark the acquisition, a ceremony...

SECP for new regulations to prevent criminal use of modarba institutions

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the draft of Modaraba Regulations, 2015 to provide a...

SECP to establish insurance repository to improve insurance industry

ISLAMABAD: The Chairman Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi on Friday said that the SECP was working...

1500 MW additional electricity to be added to national grid system: Abid

ISLAMABAD: State Minister for Water and Power Chaudhary Abid Sher Ali on Friday informed the National Assembly that additional 1500...

New technologies to boost fruits and vegetables export: Bosan

ISLAMABAD: Federal Minister for National Food Security and Research, Sikandar Hayat Khan Bosan Friday said that the dream of boosting...

Pak-Vietman ink MoU for trade promotion

ISLAMABAD: Trade Development Authority of Pakistan (TDAP) and Vietnam Trade Promotion Agency (Vietrade) signed a Memorandum of Understanding (MoU) on...

ECC allows import of 100,000 ton urea, release of 2-month salaries of PSM employees

byMati ur Rehman

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet meeting, under the chair of Federal Finance Minister Ishaq Dar, has...

300MW coal-based power plant to be completed by end 2017 in Pind Dadan Khan

LAHORE: The country’s first coal-based power plant, being built in Pind Dadan Khan, Punjab by the China Machinery Engineering Corporation...

KP Governor for early establishment of 5 industrial estates in FATA

PESHAWAR: Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan directed the FATA Development Authority (FDA) to take practical steps for the...

CDA raises Rs6 billion by auctioning 14 plots

ISLAMABAD: The Capital Development Authority (CDA) has earned about Rs6 billion in two days by auctioning residential and commercial plots....

KP asks Centre to impose federal excise duty on crude oil, pay arrears of hydel profit

PESHAWAR: The provincial assembly of Khyber Pakhtunkhwa has urged the federal government to impose the federal excise duty on crude...

Reserves surge to $17.491b, SBP’s holdings up by $605m to $12.364b

KARACHI: The total liquid foreign exchange reserves of the country have been recorded at $17.491 billion during the week ending...

75.86% shares worth $329m acquired: Bestway Cement takes control of Lafarge plant

CHAKWAL: Bestway Cement Limited has acquired Lafarge Cement plant located near Kallar Kahar after the successful bid for its 75.86...

Pakistan regains confidence of int’l financial institutions: Dar

ISLAMABAD: Federal Finance Minister Ishaq Dar has said that the country’s economy has been revitalised due to strong steps, efforts...

SECP to introduce reforms for market infrastructure institutions

ISLAMABAD: The Securities and Exchange Commission of Pakistan’s (SECP) Consultative Group, in its first meeting, has discussed various matters pertaining...

9,000 machines insufficient: SBP asks banks to install more ATMs