Pakistan Today

ISLAMABAD: In a bid to ensure sovereignty and security, the Government of Pakistan has approved to implement Pakistan Maritime Zones (PMZ) Act 2020 under which prior permission is mandatory for foreign supertankers and nuclear-powered ships to enter into the territorial sea of Pakistan. According to well-informed sources, the federal cabinet has given its go ahead to implement the law which...

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said that the positive growth in large-scale manufacturing (LSM) will help achieve the annual economic growth target, besides creating jobs if the trend continues in coming months.  FPCCI President Mian Anjum Nisar, while addressing a delegation of various industrial sectors, said that the LSM output had grown 7.65...

ISLAMABAD: Sugar prices in the wholesales market decreased six to seven rupee in a week as the price of sugar in Jodia Bazar, Karachi fell down to Rs89 from Rs96 since November 12, whereas price in Akbari Mandi, Lahore also decreased to Rs93 from Rs100 in the last one week. A senior government official told Pakistan Today that prices of...

LAHORE: The Pakistan Poultry Association (PPA) on Saturday urged the government to allow the free market to operate and let the demand and supply determine the price of poultry (chicken) and its by-products.  In a press briefing, PPA Vice Chairman for the North Region Raja Attiqueur Rehman Abbasi said that the poultry sector formed about 40 per cent of the...

LAHORE: The All Pakistan Cement Manufacturers Association (APCMA) on Saturday took exception to the raids conducted by the Competition Commission of Pakistan (CCP) on offices of some members of APCMA and termed the raids as unlawful, illegal and blatant violation of the law.  The Association disclosed that on November 19 at around 11 am, the office bearers of the CCP...

HONG KONG: The largest cryptocurrency got pretty close to a $19,000 threshold for the first time in almost three years, fueling crypto enthusiasts’ hopes that bitcoin may beat its last record. The price of bitcoin has hovered between $18,107.86 and $18,964.64 over the past 24 hours, with the last peak reached during early morning trading on Saturday. As of 07:03...

The absence of a diverse enough set of options in Pakistan means that those nearing or in retirement have to carefully balance the need for diversification, beating inflation, and sufficient yields

Just what is going on between Ogra and the Sui Gas Companies?

Yet despite the pandemic, the company is likely to see a sharp bounce back with the expected boom in residential real estate construction.

The illusion of popular support for the idea is being generated to enlist the government’s help in cracking down on the industry’s informal sector competition, to preserve the duopoly

Its recently listed BPO subsidiary and healthcare subsidiaries have helped the company’s topline

KARACHI: The K-Electric (KE) and the National Electric Power Regulatory Authority (NEPRA) organised a joint session wherein publicly owned DISCO’s were briefed about KE’s journey and experience as the first DISCO to implement Advanced Metering Infrastructure (AMI) on an end to end scale. Inaugurating the event, KE Chief Distribution Officer (CDO) Amer Zia said, “Recently KE has made significant in-roads...

A new report from Arif Habib Ltd suggests that Pakistan will make it through, through a combination of remittances and sheer luck

The complaints against the project appear largely from either those politically opposed to the government that initiated the project, or rich art school cranks who will not be using it