Electric fan exports increase 12.07pc YoY in July-Aug

ISLAMABAD: Electric fans exports during the first two months of the current fiscal year (FY) grew by 12.07 per cent as compared...

Pakistan’s Healthwire raises $700,000 from 47 Ventures in pre-Series A round

LAHORE: Healthwire, a health-tech startup focused on aggregating all stakeholders of the healthcare ecosystem on its platform and providing a seamless digital...

Plastic imports grow 3.7pc YoY in July-Aug

ISLAMABAD: The imports of plastic materials into the country has witnessed an increase of 3.78 per cent during the first two months...

President urges promotion of Pakistan as geo-economic hub of region

ISLAMABAD: President Dr Arif Alvi has said that promoting Pakistan as the geo-economic hub should be the country's vision instead of merely...

Proposal for National Policy on SMEs 2020 presented to PM

ISLAMABAD: The proposed National Policy on Small and Medium Enterprises 2020 was presented to Prime Minister (PM) Imran Khan here on Thursday. The prime...

WB warns Pakistan of lowest growth rate in FY-21

ISLAMABAD: World Bank (WB) warned that Pakistan, with the lowest GDP growth of 0.5 per cent among all other South Asian nation, would face difficult times during the...

Cash no longer king in Italy as Covid helps government push for plastic

ROME/MILAN: Italy’s love affair with cash is fading. The coronavirus is turning Italians off notes and coins and the government is launching...

South Asia faces worst ever recession, tipping millions into poverty: WB

NEW DELHI: Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of humanity...

Mediacom wins $2.5 million offline media Uber account in Pakistan

LAHORE: Following a global media review, Uber has selected Mediacom as its new global media agency to handle $190 million in branding...

Oil prices rise as Hurricane Delta approaches US Gulf of Mexico

MELBOURNE: Oil prices rose on Thursday as oil workers evacuated rigs in the U.S. Gulf of Mexico ahead of Hurricane Delta, though...

KP cabinet okays provision of cheap electricity to industrial units

PESHAWAR: The Khyber Pakhtunkhwa cabinet on Wednesday decided to provide cheap and inexpensive power generated through Malakand-III, Daral Khwar, Ranolia and Machai...

Fawad offers support for electric buses in Karachi

ISLAMABAD: Science & Technology Minister Fawad Chaudhry on Wednesday offered support on behalf of his ministry for introduction of electric buses in...

Give out mortgage loans or pay a penalty, SBP tells banks

KARACHI: Under a new scheme, the State Bank of Pakistan is trying to incentivize banks to meet their mandatory targets to extend mortgage...

‘Increase in Pak-Afghan trade imperative for regional prosperity’

NA speaker directs SBP to establish bank branches at Angoor Adda and Ghulam Khan borders for facilitation of traders

Govt notifies formation of Economic Outreach Apex Committee

ISLAMABAD: The federal government on Wednesday notified the formation of the Economic Outreach Apex Committee and Coordination Group. According to a notification, Prime...