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Commerce Ministry rules out shortage of sugar in market
ISLAMABAD: Ministry of Commerce and Industries ruled out shortage of sugar despite plans to import commodity from Brazil. Clarification comes after sources claimed that Pakistan is seeking to import sugar from Brazil. Sources within Ministry said Pak...
PSX loses 526pts on weak economic triggers
Karachi: 100-index of Pakistan Stock Exchange (PSX) witnessed bearish trend and shed 525.86 points, showing negative change of 1.12 percent, closing at 46,244.56 points against 46,770.42 points previous trading day. Total of 200,288,813 shares were t...
Caretaker PM invites Enertech Holding for further investment
ISLAMABAD: Caretaker Prime Minister Anwarul Haq Kakar invited Kuwaiti companies for investment in Pakistan. Head of Emerging Markets Enertech Holding Kuwait, Yasir Malik called on caretaker Prime Minister Kakar here. He informed PM about Enertech's i...
Pakistan to launch 5G services within 10 months: Interim Minister
ISLAMABAD: Caretaker Minister for IT and Telecommunication Dr Umar Saif decided that 5G services will be launched in Pakistan within 10 months. Development emerged after pivotal meeting between Saif and Chairman Pakistan Telecommunication Authority,...
Zeeshaan Shah-youngest shortlisted for 21st Asian Achievers Awards
Karachi: Zeeshaan Shah-British-Pakistani serial entrepreneur has established himself as mogul in business world and is youngest entrepreneur to have been shortlisted for Business Person of 21st Year Asian Achievers Awards'. He is Chairman and founder...
Govt has no clear vision on power issue: FPCCI Chief
Karachi: Irfan Iqbal Sheikh President FPCCI said that Pakistani households and businesses are facing mounting power prices. NEPRA’s latest forecast for power purchase prices for fiscal year 2023-24 reveals substantial financial burden, with con...
KATI crucial player advancing industrial sector: SM Tanveer
KARACHI: Korangi Association of Trade and Industry (KATI) Patron-in-Chief S M Tanveer-caretaker Minister of Commerce and Industries Punjab called for united efforts to overcome prevailing economic crisis, escalating production costs and surging infla...
Pakistan's trade imbalance can be addressed via IT sector: Caretaker Minister
Islamabad: Caretaker Minister of Information Technology and Telecommunication Dr. Umar Saif highlighted potential of IT industry in reducing country's trade imbalances. Minister asserted in an interview with private TV channel that IT industry had tr...
Pakistan to submit VNR report at SDG summit next month
ISLAMABAD: Pakistan is all set to present its Voluntary National Review (VNR) report at mid-term summit on Sustainable Development Goals (SDGs), scheduled to take place in September 2023 in New York. According to press statement, SDGs Support Unit o...
KSE-100 slides to over one-month low on rate hike jitters
Karachi: Negativity persisted at Pakistan Stock Exchange as benchmark KSE-100 Index fell below 47,000 level. KSE-100 remained in red for most of session amid fears of policy rate hike by central bank and concerns related to rupee's free fall against...
