Motorbikes’ production declines by 6.78pc
The production of United bikes also dropped to 307,783 units in July-April (2018-19) from 337,999 units in same period of last year, post a decline of 8.93%, whereas Road Prince motor bikes? production fell by 25.66% to 136,057 units from 183,020 units during the corresponding period of last year.
Fiat in tie-up talks with Renault
Milan/Paris Fiat Chrysler and Renault are in talks on a comprehensive global tie-up that could address some of the main weaknesses of both carmakers, two sources with knowledge of the discussions told Reuters on Saturday. It was unclear whether the FCA-Renault deal talks would conclude successfully, the sources said. While FCA has recently revived discussions with PSA Group ? ...
CPEC source of substantial change in Pakistan’s socio-economic development
The closer community of shared future in the new era is based on mutual trust, friendship and amity, as well as shared interests and political consensus reached between the two countries and two peoples on the Belt and Road Initiative and the China-Pakistan Economic Corridor (CPEC), the ambassador said.
Stocks performed remarkably well in last week
Observer Report Islamabad Stocks performed remarkably well in the past week as the benchmark KSE-100 index snapped a seven-week bearish streak and finished trading with a gain of 2,537 points or 7.65% ? the highest weekly gain in a decade ? at 35,704 points. Positive contribution to the index was led by fertiliser companies (up 524 points), commercial banks (494 points), ...
PR operates 12 freight trains daily from Karachi port
He said the freight operation generated revenue of Rs 12,272.638 million in the financial year 2016-?2017 and Pakistan Railways was playing a vital role in the transportation of goods across the country. The loading of HSD for above stations has been started from April and agreements have been executed with different companies for the transportation of coal in Hopper ...
Pharma firms have no online data of drug prices for consumers
Lahore Despite the launch of crackdown against spurious medicines, dozens of brands of unapproved, fake and unregistered medicines of different categories including aphrodisiac, allopathy and herbal were still available in market while the pharmaceutical companies have no online data of drug prices for consummers.
Pakistan Post revenue up by Rs6b
Staff Reporter Islamabad Minister for Communications and Postal Services Murad Saeed says the revenue of Pakistan Post has increased by six billion rupees, jumping from eight billion rupees to fourteen billion rupees within a year.
Chinese Vice President’s visit to herald era of economic prosperity: FIEDMC
Staff Reporter Lahore Chairman Faisalabad Industrial Estate Development & Management Company (FIEDMC) Mian Kashif Ashfaq said that the visit of Vice President of the People?s Republic of China, Wang Qishan to Pakistan will herald new vistas of economic cooperation and a milestone in further cementing bilateral relationship between both the friendly countries on sound footings. Talking to media here on ...
USC system to be digitalized
Islamabad Managing Director Utility Stores Corporation (USC), Umar Lodhi has said that the government has planned to digitalize the whole system of Utility USC. Talking to PTV News here on Sunday, Umar Lodhi said that the decision was aimed at providing firmest facilities to consumers across the country. He said that the USC will add new stores in its existing network ...
Oil rises over 1 percent
New York Oil prices climbed more than 1% on last Friday ahead of long U.S. and UK holiday weekends, but posted the biggest weekly drop of the year, pressured by rising inventories and worries about the global economy. Brent crude rose 93 cents, or 1.4%, to settle at $68.69 a barrel, but the global benchmark notched a weekly decline of about 4.5%.
Infinix smart 3 plus goes on sale
After that highly successful online pre-booking campaign that led the Smart 3 Plus climb up the board to become a smart choice for customers at online portals, Infinix had made the Smart 3 Plus available for sale at the traditional offline markets as well.
PM meets businessmen to get feedback on economic policies
ISLAMABAD (APP) ?Prime Minister Imran Khan Sunday met a delegation of the business community to get their feedback on the country?s economic condition and government?s policies. During the interaction, the prime minister said the government wanted to build a strong partnership with the business sector to enable it play a major role in country?s economic progress. ...
Hafeez Shaikh reviews budget proposals
On the occasion, Chairman Federal Board of Revenue (FBR), Shabbar Zaidi gave a presentation about the budget proposals for the 2019-2020 and proposed various steps to expand the tax base and increase revenues, said a press statement issued by the Financce Ministry.
Ukrainian Oligarch Kolomoyskyi Says Zelensky Should Default On Country's External Debt
MOSCOW (UrduPoint News / Sputnik - 26th May, 2019) Ukrainian oligarch Ihor Kolomoyskyi said in an interview published on that the new president, Volodymyr Zelensky, should default on the country's external debt and reject the International Monetary Fund's austerity program, following the examples of and . Media reports have repeatedly claimed that Zelensky is backed by Kolomoyskyi, ...
Tea Imports Up 0.61 Percent To $495.957 Mln
ISLAMABAD, (UrduPoint / Pakistan Point News - 26th May, 2019 ) :The tea imports into the country increased by 0.61 percent during the first ten months of the current fiscal year compared to the corresponding period of last year. The during the period under review witnessed nominal decrease of 0.12% by falling $19.191 during last year ...
Local POL Production Falls 6% In 3 Quarters
ISLAMABAD, (UrduPoint / Pakistan Point News - 26th May, 2019 ) :The overall production of petroleum commodities has witnessed a decline of 6 percent during first three quarters of the current fiscal year as compared to corresponding period of last year. The products that showed negative growth include Jet Fuel , production of which decreased by 4.87 percent ...
Hafeez Shaikh reviews budget proposals
On the occasion, Chairman Federal Board of Revenue (FBR), Shabbar Zaidi gave a presentation about the budget proposals for the 2019-2020 and proposed various steps to expand the tax base and increase revenues, said a press statement issued by the Financce Ministry here.
Hafeez Shaikh Reviews Budget Proposals
ISLAMABAD, (UrduPoint / Pakistan Point News - 26th May, 2019 ) :Adviser to the on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh chaired a meeting to review proposals. On the occasion, Chairman of Revenue ( ), Shabbar Zaidi gave a presentation about the proposals for the 2019-2020 and proposed various steps to ...
Chinese Vice President's Visit To Herald Era Of Economic Prosperity: Chairman FIEDMC
ISLAMABAD, (UrduPoint / Pakistan Point News - 26th May, 2019 ) : Industrial Estate Development and Management (FIEDMC ) Chairman Mian Kashif Ashfaq said Vice President of the People's Republic of , Wang Qishan to would herald new vistas of economic cooperation and a milestone in further cementing bilateral relationship between both the friendly countries ...
Motorbikes' Production Declines 6.78% In 10 Months
The production of United bikes also dropped to 307,783 units in July-April (2018-19) 337,999 units in period of last year, a decline of 8.93%, whereas Prince motor bikes' production fell by 25.66% to 136,057 units 183,020 units during the corresponding period of last year.
