Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.


All category news

  • Banks asked to increase nonfarm loans in rural areas

    March 10, 2018 12:00 AM 7

    ISLAMABAD: Minister of Privatisation Daniyal Aziz on Friday proposed amendments into a law to extend credit outreach of banking sector beyond agriculture sector. Aziz proposed amendment in ‘Loans for Agriculture, Commercial and Industrial Purposes Act 1973’. “The minister stressed the need for revisiting the… act, which was restricted with only agriculture

  • Careem pledges 20,000 women captains

    March 9, 2018 12:00 AM 14

    KARACHI: Careem, the region’s leading ride-hailing app on Thursday announced its commitment to recruit more women to become Captains on their platform, a statement said. Founded in 2012 in Dubai, Careem now has footprint of close to 100 cities across the wider Middle East and some 500,000 captains signed up to its platform across the network, it added

  • FPCCI seeks steps to end port strike

    March 9, 2018 12:00 AM 14

    KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Karachi Port Trust and the ministry of maritime affairs to take notice of a pilot strike at the Karachi Port Trust and take immediate measures to end it, a statement said on Thursday. The pilot strike started on Wednesday, March 7, 2018. The management should

  • Pak business team attends NPEW

    March 9, 2018 12:00 AM 16

    KARACHI: The United States Commercial Service (USCS) is leading a delegation of Pakistani companies to the Natural Products Expo West (NPEW), to be held in Anaheim, California from March 8 to 11, a statement said on Thursday. From raw ingredients to finished products, NPEW is the premier trade show for the natural, organic and healthy lifestyle market

  • Forex reserves shrink to $18.329 billion

    March 9, 2018 12:00 AM 15

    KARACHI: Pakistan’s total liquid foreign exchange reserves went down to $18.329 billion on March 2 from $18.413 billion a week ago, the central bank reported on Thursday. The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell to $12.233 billion as compared to $12.346 billion in the previous week. The depletion in the central bank’s

  • ‘First National Water Policy soon’

    March 8, 2018 12:00 AM 11

    LAHORE: Water and Power Development Authority (WAPDA) Chairman Lt General (retd) Muzammil Hussain has said that the first-ever National Water Policy would be launched soon to help overcome challenges. He was talking to the Lahore Chamber of Commerce and Industry (LCCI) President Malik Tahir Javed and other office bearers on Wednesday. WAPDA chairman

  • Senate body says support price limbo may lead to sugar crisis

    March 8, 2018 12:00 AM 8

    ISLAMABAD: Senate standing committee on national food security and research on Wednesday feared a bitter sugar crisis was likely in the making as minimum sugarcane support price issue remains unresolved to this point. “In view of the prevailing situation the sugarcane cultivation seems to take a hit as frustrated growers were highly likely to shift to other

  • FPCCI team visits Tehran

    March 7, 2018 12:00 AM 10

    KARACHI: A Federation of Pakistan Chambers of Commerce and Industry (FPCCI) delegation under the leadership of Ghazanfar Bilour, president of FPCCI ECO-CCI, attended the 16th general assembly meeting, 24th executive committee meeting, and specialised committee meetings from March 3 to 5, 2018 in Tehran, Iran, a styatement said on Tuesday. The meetings

  • US develops agricultural leaders

    March 7, 2018 12:00 AM 12

    ISLAMABAD: US-funded workshop on youth engagement in agriculture kicked off on Tuesday. Three facilitators from the United States Department of Agriculture (USDA) are conducting the three-day workshop this week to support Pakistan Water Dialogue and Soil Health and Fertility projects. A statement said the workshop uses the positive youth engagement model

  • Matco Foods, Chinese firm sign deal

    March 7, 2018 12:00 AM 18

    KARACHI: Matco Foods Limited signed an agreement for the supply of 20,000 tons/annum rice glucose manufacturing plant with Beijing Meckey Engineering Co, a statement said on Tuesday. This new expansion will increase the total production capacity of the company to 30,000 tons rice glucose and 3,000 tons rice protein per annum, respectively. Khalid Ghori