Govt rolls out restructuring plan for Pakistan Steel Mills
ISLAMABAD: Federal Minister for Industries and Production Hammad Azhar on Saturday rolled out a restructuring plan for Pakistan Steel Mills (PSM), according to which...
Tourism sector pleads again for bailout package
ISLAMABAD: Tourism experts have pleaded for a grant of soft loans and cash assistance for tourism businesses and low-paid workers under the government's loan...
Govt to launch Sialkot’s largest development project to date: Dar
SIALKOT: Special Assistant to the Prime Minister (SAPM) on Youth Affairs Muhammad Usman Dar on Sunday announced that the government was going to launch...
China to further expand outbound investor schemes
BEIJING: China plans to roll out an outbound investment scheme to new regions as it looks to meet onshore investors’ asset allocation needs, official...
Britain says next week will be very significant for Brexit deal
LONDON: The next week will be very significant for Brexit, foreign minister Dominic Raab said on Sunday when asked how near the deadline was...
Rebates for opioid overdoses offered on global consulting firm’s advice: NY Times
One of the most prestigious consulting firms in the world, McKinsey & Company, advised Purdue, producer of the addictive painkiller OxyContin, to give drug...
Canada blocks bulk exports of few prescription drugs in response to Trump import plan
OTTAWA: Canada on Saturday blocked bulk exports of prescription drugs if they would create a shortage at home, in response to outgoing US President...
Unity Foods Limited all set to issue Rs3bn Sukuk to fund working capital requirements
An unlikely spinning mill decided to switch gears three years ago, and enter the edible oil industry three years ago. It then grew at...
Jahangir Khan Tareen resigns as the CEO of JDW Sugar Mills
Move appears to be geared towards addressing allegations of conflicts of interest, given Tareen’s political ambitions and career
Maymar Holdings to buy Haji Mohammad Ismail Mills in bid to become publicly listed
Real estate developer plans to buy the practically defunct textile mill turned consumer goods distributor to achieve public listing without the underwriting process
Interloop divests from Bangladesh operations
Despite the tariff-free access to the European market, the Faisalabad sock giant has yet to be able to make its Bangladesh operations profitable and decided to call it quits
Pakistan Oxygen to invest Rs6.3 billion to expand oxygen, nitrogen production
Adira Capital-backed company is gearing up to gain market share and dominate industrial gas market
After JS withdraws its bid, AKD wins battle to buy BIPL Securities
AKD’s rivalry with JS Group only deepens with the decision to buy firm originally owned by KASB
The six local brands leading the Pakistani skincare industry
After years of either using totkas or imported products, Pakistanis are finally trusting local skincare products - and they are willing to spend money on them.