China to leapfrog US as world’s biggest economy by 2028
LONDON: China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the...
Indian automakers fear container shortage to hit parts supply, output
NEW DELHI: Automakers in India are bracing for a parts shortage and possible production losses over the next three to four months due to...
Reconstituted CPEC Business Council proposes new projects, sectors
ISLAMABAD: The recently re-constituted China Pakistan Economic Corridor (CPEC) Business Council has proposed including more sectors and projects under the umbrella of CPEC.
During the...
Govt to cancel allotments of land without industrial units in industrial estates
LAHORE: The Punjab government has decided to cancel the plots of those who have not installed industrial units by allotting plots in industrial estates...
CCoP approves transaction structure for PSM
KARACHI: The Cabinet Committee on Privatisation (CCoP) has approved the transaction structure for Pakistan Steel Mills.
The federal Minister for Finance and Revenue, Dr Abdul...
Health Ministry recommends legislation to impose health tax on tobacco
ISLAMABAD: The Ministry of National Health Services, Regulations and Coordination has urged the Ministry of Finance to lay Federal Health Levy Bill in the...
2020 – An obituary
As we say goodbye to the year, we will remember it mainly for the massive disruption it brought.Â
Pakistani lawn’s biggest market could be in India, but isn’t. Because we can’t have nice things
Over the past two decades, Pakistani lawn has become a $50 million+ market in India, but politics means that Pakistani brands and exporters have found it difficult to grow what could be a lucrative market
Despite the pandemic, Careem managed to have a record year in Pakistan
The Pakistani market accounts for nearly a quarter of total bookings in the region for the ride-hailing giant
Arçelik joint venture may bring Hitachi household electronics to Pakistan
Turkish manufacturer, which owns local market leader Dawlance, entered a joint venture with the Japanese company to manufacture and distribute its products throughout Asia ex-Japan
Invest Capital Investment Bank to be acquired by a Russian-run, Dubai-based cloud-seeding company
Few details are available about the acquiring company, or why it plans to enter the Pakistani market through the acquisition of an investment bank, rather than simply setting up a local subsidiary
Pakistan Oilfields’ new discoveries underscore country’s dwindling reserves
As domestic reserves decline, Pakistan will become increasingly dependent on imported natural gas, unless the country decides to move off hydrocarbons altogether
Pak Datacom’s stock price is soaring, despite dismal results
The stock is up more than 50%, a development management credits to the market’s faith in their announced strategy
Sugar prices may be skyrocketing, but mills like Mirpurkhas Sugar are not seeing higher profits
Politicians are looking for convenient scapegoats when prices rise, but the sugar mills are not hoarding their product, as their depressed margins indicate a rise in production costs