Business

Business

Bestway buys Lafarge for $329m

The saga of Lafarge Pakistan Cement Limited sale came to an end yesterday when Bestway Cement Limited (LPCL) sealed the…

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Stocks close weekend session at all-time high Bull Run

The stock market closed flat yesterday in the last session of the week. Friday being a holiday at the market,…

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Garrison City district govt. approves Rs10 billion budget

The City District Government Rawalpindi (CDGR) yesterday approved its annual budget worth Rs10.036 billion for the financial year 2014-15 with…

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ADB urged to review energy strategy for Pakistan

“Asian governments must make tough choices in energy investments that can provide affordable energy while meeting environmental objectives, especially on…

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Punjab hopes for 10m cotton bales from 5.6m acres

Punjab has been able to sow cotton on 5.67 million acres this season, 227,000 acres more than last year’s figure,…

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China plans railway to Indian & Nepali borders by 2020

China plans to extend a railway line linking Tibet with the rest of the country to the borders of India,…

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Euro at multi-month lows against dollar

The euro touched multi-month lows against the dollar and yen on Wednesday as investors fret about the impact on the…

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World Bank offers India $18bn in three-year support

The World Bank on Wednesday offered India up to $18 billion in financial support over the next three years while…

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Exports of textile garments register 5.30% growth

Exports of textile and clothing grew by 5.30 per cent to $13.738 billion during the previous fiscal year compared to…

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