KARACHI: The boards of Younus Brothers Group and Sapphire Group have announced their investment plans for Energas LNG terminal to be developed at Port Qasim, a press release issued on Tuesday said...
Discussing the business model of the terminal, Shahid Abdullah of the Sapphire Group explained, “Energas’s business model is similar to that of power utilities across the Far East, where operational control of the terminal is essential,”...
GENEVA: The largest Kashmir sapphire ever auctioned and a royal tiara which everyone can try on via Instagram are the stars of this May’s magnificent jewels sales in Geneva...
The Kashmir sapphire, a 55...
KARACHI: The country’s 10 banks signed an agreement on Friday to establish Pakistan Corporate Restructuring Company Ltd (PCRCL)...
The shareholder agreement was signed by presidents and representatives from Habib Bank, National Bank of Pakistan, United Bank, MCB Bank, Allied Bank, Meezan Bank, Bank Alfalah, Bank Al-Habib, Habib Metropolitan Bank and Faysal Bank at the State Bank of Pakistan (SBP) headquarters...
KARACHI: A South Korean chemical company announced on Monday it’s exiting the Pakistan market after 13 years...
Lotte Chemical Company Pakistan Ltd said its South Korea–based majority shareholder is selling its entire stake of 75...
FrieslandCampina International Holding BV intends to acquire a 51 per cent stake of Engro Foods Limited, one of the largest listed companies at the Pakistan Stock Exchange (PSX), a notification on the bourse's website said Thursday...
Citibank Pakistan is the financial advisor...
Naeem Bokhari, Pakistan Tehreek-i-Insaf's (PTI) lead counsel alleged that the owner of the London flats is Prime Minister Nawaz Sharif...
KARACHI: AGP Ltd, a pharmaceutical company in the fold of OBS Group, has raised Rs2...
At the gong-ringing ceremony at the PSX on Monday that signalled the start of trading of company’s stock, AGP Ltd share price quickly hit the upper circuit of 5 per cent to take the stock price to Rs84, from the offered price of Rs80 a share...
Founded in 1977, Systems Limited Pakistan has the distinction of being the country's first software technology company, according to the statement...
One of Pakistan's largest and fast-growing companies, Highnoon made it to the list for the second time...
Hyundai Motor Company plans to set up a car assembly plant in Pakistan in a joint venture with local textile firm Nishat Mills, an official from Nishat said on Friday...
Hyundai's return to Pakistan will boost the government's efforts to shake up the Japanese-dominated car market and loosen the grip of Toyota, Honda and Suzuki, who assemble cars in Pakistan with local partners...
KARACHI: Around 110 textile mills have shut down owing to high cost of doing business, the All Pakistan Textile Mills Association (Aptma) said on Tuesday...
In a statement, Aptma Chairman Tariq Saud cited the cost of electricity that was the highest in Pakistan at 14 US cents per unit against average 9 cents in the region...
PESHAWAR: A Peshawar High Court bench has stayed the recovery of the recently imposed tariff rationalisation surcharge and financial cost surcharge by the Peshawar Electric Supply Company (Pesco) from four textile mills in the province...
The petitions are filed by Royal Textile Mills, Sarhad Textile Mills, AJ Textile Mills and Kohat Textile Mills...
LAHORE: The Chairman of the All Pakistan Textile Mills Association, Mr S...
Tanveer, said on Sunday that the association had decided to ‘voluntarily’ close down the textile industry because of the losses it had been suffering...
LAHORE: The All Pakistan Textile Mills Association (Aptma) on Thursday urged the government to immediately remove 4 per cent customs duty and 5pc sales tax on cotton imports to help the spinning industry stay competitive...
On the other hand, the Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) has sought immediate removal of 10pc regulatory duty, customs duty and other taxes on the import of yarn form all...
LAHORE: Hundred textile mills of Punjab have written to the All Pakistan Textile Mills Association (Aptma) to close their units if the federal government fails to address non-viability of the industry and restore its competitiveness...
Aptma will call a conference of stakeholders of the entire textile chain, including value-added sector, this month to evolve a joint protest strategy...
LAHORE: All-Pakistan Textile Mills Association chairman S...
He said the standing committee on textile had also endorsed the viewpoint of the textile industry when the latter made a presentation on industry issues...