Business
OICCI calls for Integrated Planning for Energy Value Chain
Karachi, February 26, 2020: The Overseas Investors Chamber of Commerce and Industry (OICCI) has launched its ‘OICCI Energy Report 2019’ today. The report is based on the recommendations of the 31 leading international energy sector companies operating in Pakistan, who are members of the chamber. Pakistan’s energy sector has witnessed significant transformation over the past five years, with…
Textile industry demands clearance of raw material from China
Textile production suffers due to non-clearance of import consignments from China Raw material prices doubled in local markets – Zubair Motiwala Chemicals & dyes imports from China & other countries be allowed to save textile industry – Patron SITE Association Karachi, February 25, 2020: Zubair Motiwala, Patron of SITE Association of Industry, has in a…
PSX index closed on a negative note
Karachi, February 25, 2020: Market opened 105 points down but quickly went green with 104 points for a short while, only falling back in to red zone for the rest of the session. During the session, index lost 451 points and closed the session -285 points. E&P, Banks, and OMCs largely faced selling pressure, whereas…
Pakistan’s earns US $ 264 mln from travel services’ export
Islamabad, February 23, 2020: Pakistan earned US $ 264.254 million by providing different travel services in various countries during the first half of current financial year 2019-20. This shows growth of 29.49 percent as compared to US $ 204.070 million same services were provided during the corresponding period of fiscal year 2018-19, Pakistan Bureau of…
Turkish companies keen to invest in Allama Iqbal Industrial City
Islamabad, February 18, 2020: Turkish companies are keen to invest in Allama Iqbal Industrial City, a prioritized Special Economic Zone of Faisalabad Industrial Estate Development and Management Company (FIEDMC) under CPEC relations through exploring business potential and investment opportunities. A Turkish delegation Tuesday visited the FIEDMC camp office and both sides discussed issues for improvement…