Germany’s luxury fashion brand Hugo Boss has placed its first order of sportswear to a Pakistani company, Prime Minister Imran Khan’s aide on commerce, Abdul Razak Dawood, said Tuesday. “Happy to note that well known brand, Hugo Boss, has placed its first order of sportswear to a Pakistani company,” said Dawood, Adviser to the Prime مزید پڑھیں

The business community on Sunday criticised the government over its decision to provide gas on subsidised rates to two mega re-gasified liquefied natural gas (RLNG)-based fertiliser plants, and called it a bid to satisfy vested interests of big businessmen and capitalists. “Another decision taken by the PTI government to support the vested interests of big مزید پڑھیں

Special Assistant to Prime Minister on Information and Broadcasting General (retd) Asim Saleem Bajwa said on Sunday work on M-8 project, also known as Gwadar-Ratodero Motorway, will commence on a top priority basis. Taking to the microblogging site Twitter, he said the Central Development Working Party (CDWP) has accorded approval for construction of 146-kilometre-long Hoshab-Awaran مزید پڑھیں

Boeing Co’s (BA.N) communications chief Niel Golightly abruptly resigned on Thursday, following an employee’s complaint over an article the former U.S. military pilot wrote 33 years ago arguing women should not serve in combat. His exit leaves Boeing trying to fill the crucial role for the fourth time in less than three years, just as مزید پڑھیں

The exchange rate of Pakistani rupee strengthened by Rs1.45 against the US dollar in the interbank market. According to forex dealers, the Pakistani rupee appreciated by Rs 1.45 against the greenback. The greenback is trading at Rs166.60 against the domestic currency at the interbank foreign exchange market. On the other hand, the Pakistan Stock Exchange مزید پڑھیں

The Oil and Gas Regulatory Authority (OGRA) has notified the new price of Liquefied Petroleum Gas (LPG) which was increased up to Rs3.96 per kilogram for the month of July. A notification has been released for the hike in rates which stated that the price of LPG increased by Rs3.96 per kilogram for the month مزید پڑھیں

The Lahore High Court (LHC) proposed on Tuesday that a parliamentary committee comprising members of the government as well as the opposition be constituted to probe the recent shortage of petroleum products in the country. A bench of the high court, headed by Chief Justice Muhammad Qasim Khan, cleared that the law will take its مزید پڑھیں

Nearly $66 million were invested via foreign funds in government securities during June without any outflows recorded during the month, data from the State Bank of Pakistan showed. Foreign funds amounting to $37.5 million were invested in treasury bills and $28.1 million in Pakistan investment bonds, according to the data from the central bank. The مزید پڑھیں

Gold rates in Pakistan increased Wednesday to Rs104,400 a tola as the world economy headed towards a recession due to the spread of the coronavirus pandemic. According to rates issued by the All Sindh Sarafa and Jewellers Association (ASSJA), prices moved up Rs1,600 per tola on Monday. It further noted that the price of 10 مزید پڑھیں

Oil and Gas Regulatory Authority (Ogra) on Monday imposed hefty fines on three more oil marketing companies (OMCs) for creating artificial fuel shortage in the country. The oil and gas regulatory body imposed an overall fine of Rs 50 million on three oil marketing companies for not maintaining the mandatory stocks. It also issued a مزید پڑھیں