Business

New Delhi: To the Cabinet Committee on Economic Affairs, the Finance Ministry referred the foreign investment proposals worth Rs 4,187...

Pakistan’s output may expand 4.3p: Mian Mansha’s DG Khan Cement to build $300m plant near Karachi

KARACHI - DG Khan Cement Ltd, which is owned by Mian Mansha plans, to build an $300 million plant near...

Doubling $413b textile export to $26b in 5 years: PHMEA asks FBR to clear Rs12b stuck-up amount of exporters

Pakistan Hosiery Manufacturers and Exporters Association (PHMEA) has urged the Federal Board of Revenue (FBR) to immediately clear the Rs12...

270 criminals ‘let loose’ in Islamabad streets: Rs30m robbery puts question mark on police role

ISLAMABAD - The latest burglary worth about Rs30 million at the farmhouse of former Senate chairman Wasim Sajjad has put...

Govt tasks WHO and UNICEF to revise 497 high-risk UCs’ micro plans by March 10 positively

ISLAMABAD - Minister of State for National Health Services Saira Afzal Tarar tasked the World Heath Organisation and UNICEF officials...

SA passes The Sindh Consumers Protection Bill, 2014: 4 mega projects in Karachi on the cards

KARACHI – The Sindh Assembly unanimously passed The Sindh Consumers Protection Bill, 2014 to provide and protect interests of consumers...

POL prices likely to increase by Rs 4.5/litre from March 1

ISLAMABAD: The prices of petroleum products are increasing in the international markets and it will likely affect the national markets. Petroleum...

State Minister for NHSRC declares new drug policy with 30% reduction on generic drugs

ISLAMABAD: State Minister for National Health Services, Regulation and Coordination (NHSRC) Saira Afzal Tarar has declared the first comprehensive drug...

Mian Mansha to build $300m cement plant near Karachi to meet domestic demand

LAHORE: DG Khan Cement Ltd, a company owned by billionaire Mian Mansha, plans to build a $300 million plant near...

UMT, Smeda sign agreement for research on SMEs

LAHORE: The Small and Medium Enterprises Development Authority (Smeda) and University of Management & Technology’s (UMT) School of Business &...

54 of 116 branches run on Islamic principles: Minister inaugurates BoK Islamic banking branch

PESHAWAR: Khyber Pakhtunkhwa Minister for Finance Muzaffar Said has inaugurated Islamic banking branch of the Bank of Khyber (BoK) at...

Punjab approves 26 development projects worth Rs39651.675m

LAHORE: Punjab Development Working Party Punjab, in its 36th meeting in fiscal year 2014-15, has approved 26 uplift projects worth...

EPS increase to Rs4.56 from Rs3.95: Meezan Bank posts Rs4.57b profit for 2014

KARACHI: Meezan Bank Ltd has reported Rs4.570 billion profit-after-tax for the year ended Dec 31, 2014 as compared to Rs3.957...

Rs300 for 1 kid, Rs600 for 2 or more: Baitul Mal to disburse cash among poor families thru MobiCash

ISLAMABAD: Pakistan Baitul Mal and Mobilink have signed an MoU to disburse money among poor families through MobiCash, a mobile-phone...

Vestas to develop pilot wind projects in Pakistan: Danish envoy sees potential of 1000mw in Punjab

LAHORE - Vestas Wind Systems will provide engineering and technical services to the Government of Sindh, undertaking developmental activities for...

54m out of 103m verified: Govt to block unverified SIMs after 26th

ISLAMABAD: Despite suggestions from the cellular operators to extend the deadline, the federal government is going to block the SIMs...

$2.6 billion trade: Qaim for increasing economic ties with Germany

KARACHI: Consul-General of Germany Dr Tilo Klinner has called on Sindh Chief Minister Syed Qaim Ali Shah here at Federation...

10,500MW projects in 4 years, 425MW Nandipur project to complete before June 30, Senate body told