Shan Foods is considering the sale of its majority stake that could value the Pakistani spice maker at about $250 million, reports Bloomberg.
According to the report, the company is working with a financial adviser for the sale and has …
› Industry
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Government Slashes National Savings Profit Rates for Various Schemes
Web Desk Comment Closed Industry
The government has reduced the profit rates on various National Savings' schemes, effective from November 1, 2019.
According to a directive issued by the Central Directorate of National Savings (CDNS),
Profit rates on the Defence Saving Certificate have been cut …
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These Indicators Show Govt’s Economic Policies Have Started Bearing Fruit: Hammad Azhar
Web Desk Comment Closed Industry
The Federal Minister for Economic Affairs, Hammad Azhar, has said that the incumbent government's economic policies have started bearing fruit. It has not only uplifted the ailing economy but also virtually put it on a path of growth as clearly …
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Taxes and Regulations Are Major Hurdles For Startups in Pakistan: World Bank
Web Desk Comment Closed Industry
Due to the current regulatory environment, it is not easy for entrepreneurs to do business in Pakistan. One of the biggest pain points for doing business currently is taxation.
This was stated in a joint report of the World Bank …
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SECP Launches Startup Portal to Encourage Tech Innovation in Pakistan
Web Desk Comment Closed Industry
The Securities and Exchange Commission of Pakistan (SECP) has launched a startup portal to encourage technology innovation in Pakistan.
SECP Commissioner for Information System and Technology Department, Shauzeb Ali inaugurated the portal during the 'Startup Grind Pakistan' conference in Islamabad.…
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Cement sector reports 9.19% growth in October
Web Desk Comment Closed Industry
The All Pakistan Cement Manufacture Association has said in its report that growth rate of the cement industry has increased by 9.19% in October 2019.
It further said that the sale of cement was recorded 4.98 billion in October this …
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Cement sector reports 9.19% growth in October
Web Desk Comment Closed Industry
The All Pakistan Cement Manufacture Association has said in its report that growth rate of the cement industry has increased by 9.19% in October 2019.
It further said that the sale of cement was recorded 4.98 billion in October this …
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Govt to upgrade Pakistan Refinery Limited with $1b cost
Web Desk Comment Closed Industry
The government is planning to upgrade Pakistan Refinery Limited with an estimated cost of one billion dollar aims at achieving self-sufficiency in the refining sector and bringing down the oil import bill.
Official sources told APP that we have offered …
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Govt to upgrade Pakistan Refinery Limited with $1b cost
Web Desk Comment Closed Industry
The government is planning to upgrade Pakistan Refinery Limited with an estimated cost of one billion dollar aims at achieving self-sufficiency in the refining sector and bringing down the oil import bill.
Official sources told APP that we have offered …
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Govt to upgrade Pakistan Refinery Limited with $1b cost
Web Desk Comment Closed Industry
The government is planning to upgrade Pakistan Refinery Limited with an estimated cost of one billion dollar aims at achieving self-sufficiency in the refining sector and bringing down the oil import bill.
Official sources told APP that we have offered …
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Government & Politics
President, PM express sorrow over sad demise of Fakhruddin G Ebrahim
President Dr Arif Alvi has expressed his deep sorrow over the sad demise of Justice retired Fakhruddin G Ebrahim.
In a statement, he said services of the late Fakhruddin G Ibrahim will be remembered for long.
Prime Minister Imran Khan …
Govt taking concrete steps to promote tourism in GB, AJK: Ali Amin Gandapur
Minister for Kashmir Affairs and Gilgit Baltistan, Ali Amin Gandapur has said the federal government is taking concrete steps to promote tourism in Azad Kashmir and Gilgit Baltistan.
Talking to a delegation of foreign investors in Islamabad today (Tuesday), he …
Govt taking concrete steps to promote tourism in GB, AJK: Ali Amin Gandapur
Minister for Kashmir Affairs and Gilgit Baltistan, Ali Amin Gandapur has said the federal government is taking concrete steps to promote tourism in Azad Kashmir and Gilgit Baltistan.
Talking to a delegation of foreign investors in Islamabad today (Tuesday), he …
Govt focusing on creating ease of doing business: PM
Leading personalities of the business community of Karachi and a delegation of traders called on Prime Minister Imran Khan in Karachi on Friday.
During the meeting, views were exchanged on matters pertaining to the business community.
Prime Minister Imran khan …