Business
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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
Islamabad – The 425MW Nandipur Power Project would be fully operationalised before June 30 while a total of 10,500 MW...
Diesel price to go down from Rs80.61 to Rs77.61: Petrol price to increase by Rs4.5/litre
ISLAMABAD: The government has decided to increase petroleum, oil and lubricants (POL) prices in Pakistan by Rs4.5 per litre from...
Policy sought drug prices at 2013 levels until June 2016; minister says rates to be cut
ISLAMABAD –The government’s drugs pricing policy was balanced and comprehensive and based on a transparent mechanism for fixation and price...
SECP amends SMC Rules, 2003 because of failure to flourish, draft notification published
ISLAMABAD - The Securities and Exchange Commission of Pakistan (SECP) has amended the Single Member Companies (SMC) Rules, 2003 while...
Amidst $10.3b remittances, current account deficit widens by $95m to $2.307b in July-Jan: SBP
KARACHI – Though the overseas Pakistanis sent record $10.3bn remittances, Pakistan’s current account deficit widened by $95 million in January...
15-day ultimatum to govt: SSA rejects PIA’s privatisation plan, warns of protest
KARACHI –Rejecting the plan of privatisation of PIA, the Senior Staff Association of Pakistan International Airline (SSA-PIA) has given 15...
Cotton Association announces spot rates for local dealing
KARACHI: The Karachi Cotton Association (KCA) on Thursday announced the following KCA spot rates of crop 2014-1015 for local dealing...
Only consumers located near Port Qasim to get LNG: Pakistan loses 9pc or 350mmcfd gas due to leakages, theft
ISLAMABAD: It is expected that the Liquefied natural gas (LNG) will be imported by the end of next month. The...
Mobicash to disburse Bait-ul-Mal payments for CSP
ISLAMABAD: Mobicash has signed an agreement to disburse payments on behalf of Pakistan Bait ul Mal Child Support Programme (CSP). Under...
