Business

ISLAMABAD: The Pakistan Apparel Forum (PAF) has suggested the establishment of a separate customs examination zone for export and import...

Rs708m fraud case: NAB nails Natover Lease and Refinance CEO for defrauding 200 people

PESHAWAR: National Accountability Bureau (NAB) Khyber Pakhtunkhwa arrested the Chief Executive Officer Natover Lease and Refinance Limited and Natover International...

Rs60b involved in Haj season: Govt to charge Rs250,000, private operators Rs450,000 to 650,000 for Haj: DG

KARACHI: Haj Director General Abu Ahmad Akif revealed that the Senate Standing Committee and other authorities concerned had cast doubts...

Fertiliser sales to drop 20% in 11 months, Engro to dip 14% YoY at 180,000 tons

KARACHI: Total fertiliser sales are likely to drop 20% due to the lower urea sales in November 2014, which are...

Rs40b-scam: Apex court turns down EOBI report; seeks fresh report in 7-day

ISLAMABAD: A three-members bench of the Supreme Court whiling rejecting a report submitted by Employees Old Age Benefits Institution (EOBI)...

Spain ready to help Pakistan build renewable energy resources: Envoy

ISLAMABAD: Spain Ambassador Javier Carbajosa emphasized that despite numerous challenges, Pakistan’s geographical location and Pak-China economic corridor offered plenty of...

Rs1.4tr revenue company PSO stops jet fuel supply to PIA

KARACHI: Pakistan State Oil (PSO) has stopped supply of jet fuel to the Pakistan International Airlines as it runs out...

LPG producers reduce rates by Rs6435/tonne to Rs70299/tonne, marketing cos need to cut price by Rs6.50/kg

KARACHI: The local LPG producers have reduced prices by Rs. 6,435/tonne to Rs. 70,299/tonne (including sales tax) from its earlier...

Billions of dollars investment by Qatar in power, gas sectors soon

LAHORE: The investment institution of Qatari government, Qatar Investment Authority, has nodded to invest billions of rupees in various sectors...

UBG not to bend knees before any political pressure in FPCCI polls: S M Muneer

KARACHI: The Patron-in-Chief of United Business Group, S M Muneer, said that executives and members of the United Business Group...

Railways, power in focus: GE delegates meet President Mamnoon, railways minister

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ISLAMABAD: A delegation of General Electric (GE) called on President Mamnoon Hussain followed by a detailed meeting with Railway Minister...

$45.6b Pak-China Economic Corridor to connect Gwadar with Xinjiang via highways, railways, pipelines

ISLAMABAD: The establishment of $45.6 billion Pak-China Economic Corridor would change the fate of poor bordering regions economically by connecting...

Rs9.66 cut in petrol prices: RTA reduces transport fares by 7pc

ISLAMABAD: After further Rs9.66 cut in petrol prices, Rawalpindi’s Regional Transport Authority (RTA) has reduced the public transport fare by...

Air Chief on preparedness: PAF a force to be reckoned with

KARACHI: PAF Chief Air Chief Marshal Tahir Rafiq Butt declared that Pakistan Air Force was capable enough and prepared to...

GCU, SBP seminar: Counterfeiting Pakistani notes impossible due to geometrical features

LAHORE: The Ravian Forensic Society (RFA) Tuesday held a public awareness seminar on “Combating Fake Currency Notes” at the Government College...

E-commerce gets impetus in China’s Xinjiang, thanks to Jack Ma

BEIJING: The Alibaba group, Mr. Ma’s brainchild, Jack Ma has speed up to tap the economic potential of Xinjiang...

Strong US data pushes dollar to stay firm at 119 yen