NAB to probe Roosevelt Hotel closure, huge losses
ISLAMABAD: Less than a week after Roosevelt Hotel announced to permanently shut its doors on guests from Oct 31, the National Accountability...
Covid-19 pulls textile profits down by 62pc YoY in FY20
LAHORE: Textile sector’s profits plunged by 62 per cent YoY in FY20, where the decline in the year’s profits was accentuated by...
Pharma exports surge 10.27pc YoY in July-Aug FY21
ISLAMABAD: The export of pharmaceutical products in the first two months (July-Aug) of the current fiscal year (FY21) grew by 10.27pc as...
Indian activists oppose plans to make Goa a coal transport hub
CHENNAI: Indian activists and politicians in Goa, known globally for its pristine coastline and dense forests, are opposing a plan by Prime...
Pakistan urges creation of facility for infrastructure investment in developing countries
UNITED NATIONS: Pakistan on Tuesday called for establishing a facility under the United Nation's (UN) umbrella to provide adequate financing for infrastructure...
Pandemic could delay energy demand recovery to 2025: IEA
LONDON: A slow economic recovery from the pandemic threatens to delay a full rebound in world energy demand to 2025, the International...
Policy to appoint legal advisors, advocates on FBR panel approved
ISLAMABAD: The Federal Board of Revenue (FBR) has approved the policy to appoint legal advisors and advocates on the panel of the...
China’s imports, exports surge as global economy reopens
BEIJING: China’s imports grew at their fastest pace this year in September, while exports extended strong gains as more trading partners lifted...
Desperate Americans hit by pandemic beg Congress, Trump to pass economic relief bill
WASHINGTON: Sylvia Padilla spent last Thursday checking food pantries in Lubbock, Texas for groceries to feed herself, her daughter and three-year-old grandson.
Some...
PMDU receives complaint against prominent Isb superstore for not mentioning sales tax on cash receipts
ISLAMABAD: A prominent superstore in the federal capital was found violating strict government instructions as it was not mentioning sales tax on...
Karachi Futures quests to map port city through data
The first prototype developed by the platform uses satellite imagery and remote sensing to look at green spaces in Karachi at different levels of granularity
Afghanistan delaying revision in trade pact with Pakistan, NA body told
'The Afghan side has not been forthcoming in holding the APTTCA meeting, which was last held in Feb 2016'
SBP unveils details of markup subsidy for housing finance
In line with its vision of providing affordable housing to the masses, the government will be providing a markup subsidy facility for...
Omar Ayub invites investors to explore open market regime in Pakistan’s LNG sector
ISLAMABAD: Federal Energy Minister Omar Ayub Khan has invited foreign investors to seek huge investment and business opportunities by exploring the open...
Transparency Int’l suggests finance ministry to amend foreign currency rules
ISLAMABAD: Suggesting the Ministry of Finance (MoF) to amend the Foreign Currency Rules 2020, the Transparency International Pakistan has warned that the...