The Gwadar Smart Port City Master Plan serves as a roadmap for turning Gwadar into a major future economic hub, says Gwadar Development Authority (GDA) Director General Moin-ur-Rehman Khan on Monday.
“The involvement of the private sector would accelerate the implementation of the plan,” he emphasised while chairing a meeting.
He...
Haleon Pakistan has announced a fresh investment of $12 million to expand its manufacturing capacity, focusing on scaling up Panadol production. The move aims to meet growing domestic demand and ensure consistent availability of the widely used pain relief medicine.
Speaking at Haleon's head office, CEO and General Manager Qawi...
The International Monetary Fund (IMF) has rejected Pakistan’s proposal to impose a 1 percent water storage cess on all taxable goods to fund mega dam projects, and instead advised raising the 18 percent general sales tax rate if more development funding is needed.
he government planned to levy the cess...
Kohinoor Textile Mills Limited (KTML) has informed the exchange that its Board of Directors (BoD) has proposed the sub-division of equity shares subject to shareholder approval.
“The board has recommended the sub-division of the company’s ordinary shares by reducing the face value from Rs10/- to Rs2/- per share, in accordance...
In a renewed push to diversify funding sources and tap into China’s vast capital market, a Ministry of Finance team is holding high-level meetings in Beijing this week to attract investment for Pakistan’s debut Panda Bond issuance.
The outreach comes as Dubai Islamic Bank (DIB) has successfully arranged a $1bn...
Lucky Cement Limited (PSX: LUCK) has announced that it is part of a consortium that has expressed interest in acquiring a majority stake in Pakistan International Airlines Corporation Limited (PIACL), currently being offered for privatization by the Government of Pakistan.
The consortium includes Hub Power Holdings Limited, Kohat Cement Company...
Engro, the country’s leading conglomerate, has its eyes set on future growth by exploring global markets and possible deals in Pakistan outside its conventional businesses through a more agile investment approach.
In an exclusive interview with Bloomberg, Abdul Samad Dawood, Vice Chairman at Dawood Hercules Corp. and the sponsor of...
Despite being 4th largest milk producer in the world and major sub-sectors of agriculture, contributing, along with livestock, over 60% of value-added agriculture and 11.7% of the total GDP contribution, the dairy sector faces persistent challenges that hinders its optimal potential.
With a population of 240 million people to meet...
National Foods Limited (NFL) is set to revolutionize Pakistan's food landscape with the inauguration of its largest, state-of-the-art production plant in Faisalabad. Fueled by an investment of PKR 7 billion, the plant is equipped with cutting-edge technology and marks a significant milestone in National Foods' pursuit to bring further...
The All Pakistan Cement Manufacturers’ Association (APCMA) welcomes the recent statement by the Honorable Prime Minister of Pakistan on the implementation of the track and trace system by the Federal Board of Revenue and the initiation of an investigation to probe the mismanagement in its implementation.
The APCMA in various...
