Business
Business
Meezan Bank set to acquire HSBC Pakistan
HSBC has decided to sell its local operations to Meezan Bank. Since the beginning of financial crisis in 2007, many…
PM launches solar power plant in Bahawalpur
Prime Minister Nawaz Sharif on Friday laid the foundation stone of the country's first solar power project in Bahawalpur. During…
4,500MW power units unutilised due to faults and fuel shortage
More than 4,500MW of electricity generation capacity remained unutilised on Thursday because of various technical, financial and fuel-related problems, with…
Potato import may cost over $60m
The imposition of 25 per cent regulatory duty on potato exports and making its import at zero per cent have…
IPPs plan cut in generation amid rising circular debt
Private power producers plan to start cutting generation on the fresh build-up of their unpaid bills (known as inter-corporate circular…
5 day Pakistan trade fair opens in India
Pakistan’s High Commissioner to India Abdul Basit on Thursday said he hoped the new Indian government would respond to Prime…
19 Chinese groups to invest in Pakistan
Normal 0 false false false EN-US X-NONE X-NONE The Industrial and Commercial Bank of China (ICBC) has assured its full…
Pakistani rupee weakens while stocks end higher
Pakistan's main stock exchange closed higher on Thursday, with the benchmark 100-share index of the Karachi Stock Exchange rose 0.64…
LPG prices fall on rising production
LAHORE: Following the surge in local LPG production and the government’s consistent effort to reduce LPG producer prices, retail rates…