Regional distribution hub of Alibaba to launch in Malaysia

Regional distribution hub of Alibaba

Chinese e-commerce giant Alibaba Group Holding Limited plans to set up a regional distribution hub of Alibaba in Malaysia to cater to its fast-growing business in the region. The hub would be sited within KLIA Aeropolis, a 24,700-acre development led by airport operator Malaysia Airports Holdings Berhad (MAHB) that is expected to generate more than More...

by Zonaira Chaudry | Published 4 days ago
restriction on import of Pakistans kinnow
By Zonaira Chaudry On Thursday, March 2nd, 2017
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No more restriction on import of Pakistans kinnow in Iran

Acknowledging Iran’s decision to lift the restriction on import of Pakistans kinnow (orange), the country’s fruit exporters have urged a permanent solution to the issue so that the two countries can increase More...

Mari Petroleum
By Zonaira Chaudry On Monday, February 20th, 2017
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Mari Petroleum Makes Second Consecutive Gas Discovery in Ghotki

Mari Petroleum Company Limited (MPCL) has discovered gas deposits in the Ghotki district of Sindh. In a notification sent to the Pakistan Stock Exchange, company secretary Assad Rabbani said that the gas was discovered More...

Fauji Cement
By Zonaira Chaudry On Monday, February 20th, 2017
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Fauji Cement Profit Goes Down in Second Quarter of 2016

In a notice sent to the Pakistan Stock Exchange (PSX), Fauji Cement Com pnay Limited (FCCL) reported a profit of Rs. 694 million in the second quarter ending on December 31, 2016. Fauji Cement Profit has gone down More...

Fauji Cement earns profit
By Zonaira Chaudry On Thursday, February 16th, 2017
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Fauji Cement earns profit of Rs. 694 million

Corporate results shows that Fauji Cement earns profit, the Fauji Cement Company Limited (FCCL) posted a net profit of Rs694 million in the second quarter ended December 31, down by a massive 58% compared with Rs1.67 More...

first bus service of Pakistan to list in Stock Exchange
By Zonaira Chaudry On Monday, February 6th, 2017
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Daewoo becomes first bus service of Pakistan to list in Stock Exchange

It’s not just Chinese companies that are looking to cash in on the investment opportunity Pakistan presents. The China-Pakistan Economic Corridor (CPEC) that envisages over $55 billion in loans and investments More...

Serene Air domestic flights
By Zonaira Chaudry On Tuesday, January 31st, 2017
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Serene Air domestic flights begins operations

A private airline Serene Air domestic flights operation has started in Pakistan. At the time of flying of the first flight ER-503 Boeing 737-800 the Chief Operating Officer (COO) of the airline, a retired Air Commodore, More...

Companies Bill 2016
By Zonaira Chaudry On Saturday, January 28th, 2017
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National Assembly committee approves Companies Bill 2016

The National Assembly’s Standing Committee on Finance approved Companies Bill 2016 after an outrageous debate session. Officials were asked technical questions to which they did not have answers. Key committee More...

Pakistan Stock Exchange new record
By Zonaira Chaudry On Saturday, January 28th, 2017
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Pakistan Stock Exchange new record – closes above 50,000 and hits record Rs10tr

After failed attempts in the previous two sessions to settle above 50,000 points, the KSE-100 index finally managed to accomplish the feat for the first time and Pakistan Stock exchange new record was made. The More...

Pakistan Stock Exchange
By Zonaira Chaudry On Friday, January 27th, 2017
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Pakistan Stock Exchange touches record high of 49,876 points

The Pakistan Stock Exchange (PSX) closed at its highest level in its history at 49,876 points on Monday, with a net increase of 511 points on the index. The benchmark KSE-100 shares index touched a high point of More...