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The latest business news from the Lahore Herald: personal finance, business, financial, and economic news.

pakistan trade

Pakistan to seek individual trade agreements with Saudi Arabia, UAE, Oman: Razak Dawood

Pakistan would pursue separate trade agreements with Saudi Arabia, the United Arab Emirates (UAE), and the Sultanate of Oman, according to Razak Dawood, the Prime Minister's Commerce Advisor.
sugar import in pakistan

Government imports expensive sugar instead of buying cheap from local industries

Iskander Khan, chairman of the Pakistan Sugar Mills Association, expresses regret that the government is importing sugar at a cost of Rs140 per kg, excluding sales tax, in order to sell it at a cost of Rs90 per kg in the local market, but is not willing to purchase the sweetener from the local industry at a cost of Rs104 per kg.
Airports Economically

PCAA Making Airports Economically Self-Independence

The Pakistan Civil Aviation Authority (PCAA) has taken a significant step toward achieving economic self-sufficiency for the country's airports as part of the new delinking strategy.
pso fuel

PSO aims for 50% market share in fuel and diesel

In a recent interview, Pakistan State Oil (PSO) Managing Director Syed Taha stated that the business is aggressively attempting to redirect the focus of its sales efforts back to the retail segment.
k electric users

Govt will provide Rs1.3 billion to K-Electric users

To implement the winter incentive package for energy consumers on extra usage, the government will provide an additional supplementary grant of Rs1.3 billion for further subsidies to K-Electric users.
pakistan 4g smartphones

Export of Pakistani 4G devices reaches ‘milestone’

Airlink Communication, a Pakistani company that manufactures 4G smartphones, has shipped its first shipment to the United Arab Emirates, marking yet another significant step forward in the country's 4G smartphone exportation.

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