Business

PSMC declares a loss of Rs 980m after Mehran discontinuation

KARACHI: Pak Suzuki Motor Company (PSMC) declared a net loss Rs 980 million due to discontinuation of legendary hatchback Mehran and rupee depreciation in...

French senator Allizard says Renault to set up its plant in...

ISLAMABAD: French automobile maker ‘Renault’ is looking for the areas to set up a manufacturing plant, while other French businesses would also invest into...

KCCI invited to participate in ‘SelectUSA Investment Summit’ to be held...

KARACHI: Senior Commercial Officer at Consulate General of the United States of America Mark Russel has invited the Karachi Chamber of Commerce and Industry...

Chinese national steals confidential materials from Apple

Chen first aroused suspicion at Apple when a colleague reported seeing him taking photos of the self-driving car project with a wide-angle lens earlier...

ECC approves Rs 17bn package for PIA and allocation of 10...

ISLAMABAD: The Economic Coordination Committee (ECC) approved a financial support of Rs 17 billion for Pakistan International Airlines Limited (PIAL) – the country’s only...

Pakistan signs MoU with Oman to boost trade, economic ties

MUSCAT: Pakistan and Oman have vowed to enhance bilateral relations by boosting trade and investment on Thursday. According to a joint statement issued after the...

Pakistan may soon hit big oil discovery, Global Times

BEIJING: Pakistan may soon hit the big oil discovery and that will be good news for not only the country itself but all of...

FBR, mobile service providers directed not to cut tax pre-paid card...

ISLAMABAD: Pakistan’s top court ordered the government and service providers to not to collect any service tax on mobile phone pre-paid credit (top-ups) till...

PIA resumes its night flight operation in KPK

KARACHI: Pakistan International Airline (PIA) will facilitate Khyber Pakhtoonkha (KPK) passengers by revising its flight schedule for Night Operation in Peshawar. The night flying...

PM okays Asad Umar’s appointment as Chairman of Standing Committee on...

ISLAMABAD: Prime Minister Imran Khan has approved to appoint Asad Umar as Chairman of Standing Committee on Finance. The premier has directed Amir Dogar, the...
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