Economy

Pakistan Tobacco Company Slashes Production as Sales of Illicit Cigarettes Grow

Pakistan Tobacco Company (PTC) is planning to close down its manufacturing unit in Jhelum, top company officials told reporters on Saturday at the company’s Jhelum factory.Out of 10 production machines, eight production lines in Jhelum have been close…

Economy

Price of Gold in Pakistan Closes Week With Major Increase

The price of gold in Pakistan posted its biggest increase of the week on Saturday, closing at Rs. 235,300 per tola.According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) went down b…

Economy

Pakistan’s Textile Exports Down 14% in 10 Months of FY23

The country’s textile group exports declined by 14.22 percent during the first 10 months (July-April) of the current fiscal year 2022-23 (FY23) and stood at $13.709 billion as compared to $15.981 billion during the same period of last year, the Pakist…

Economy

Govt Authorizes Rs. 72 Billion in Q4 Under PSDP

The Ministry of Planning Development and Special Initiatives has authorized Rs. 72 billion for various Ministries/Division in the fourth quarter of the current fiscal year (2022-2023) under the Public Sector Development Program (PSDP) which is Rs. 50 …

Medical

PM vows to make PKLI Lahore world-class hospital

Prime Minister Muhammad Shehbaz Sharif has said the government is making all-out efforts for the revival of the Pakistan Kidney and Liver Institute Lahore to make it a world-class hospital.In a tweet on Sunday, he said his yesterday’s visit to the PKL…

General

Ties with Saudi Arabia long-lasting, friendly: Talha

Minister for Religious Affairs Talha Mahmood has said Pakistan and Saudi Arabia have longstanding history of positive ties in the realms of politics, security, and economics.Speaking at a ceremony in Islamabad, the Minister expressed his gratitude to …