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Friday, June 23, 2017

Toyota to increase investment in Pakistan

"Toyota Boshoku is willing to increase investment in Pakistan for manufacturing world class interior components," said Dr Shuhei Toyoda, Chairman Toyota Boshoku Corporation, during his visit to Thal Boshoku...

K-Electric plans to install 900MW LNG power plant

K-Electric (KE), the country’s only vertically-integrated power company, planned to install a 900-megawatt of liquefied natural gas (LNG)-based electricity generation plant in place of an outdated oil-run 420MW plant...

BoI achieves foreign investment target of $1.3 billion?

The Board of Investment (BoI) has achieved $ 1.3 billion foreign investment target set for first three quarters of current fiscal year. The Board of Investment (BoI) has set...

Indus Motor Company unveils Rs4bln investment plan to expand production

Indus Motor Company Limited (IMC), a country’s leading automaker, on Saturday unveiled four billion rupees investment plan to expand its annual production capacity by 200,000 units in a bid...

Japanese giant to buy NML auto stake

Nishat Mills Limited (NML) is selling 40 percent stake of its auto assembling business to the Japanese giant Sojitz Corporation, the company informed Pakistan Stock Exchange (PSX) on Thursday...
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Trump seen hardening stance on Pakistan

President Donald Trump's administration appears ready to harden its approach toward Pakistan, US officials tell Reuters. Potential Trump administration responses being discussed include expanding...

Textile, clothing exports decline 12.24 percent in May

Pakistan's textile and clothing exports have declined 12.24 per cent to $ 938.589 million in May 2017 from $ 1.069 billion for the same...

China Stocks Win MSCI Inclusion as Early Market Reaction Muted

Chinese stocks were little moved by MSCI Inc.’s decision to add them to its benchmark indexes, as investors weighed the symbolic importance of inclusion against...