Advisory committee formed for release of unsold NGMS spectrum

The committee, to be headed by PM's finance adviser, will examine and evaluate PTA's recommendations for maximum release of next-gen mobile services in Pakistan

Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans

Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks...

Fitch Ratings forecasts drop in remittances, foreign inflows to Pakistan

LAHORE: Fitch Ratings has sounded the alarm for five Asian nations including whose credit ratings are expected to be impacted due to...

Vaccine hopes hit as US tech selloff hits equities, oil falls on demand worry

TOKYO/NEW YORK: Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout in technology shares...

US firms in China increasingly fear soured ties will last for years: survey

SHANGHAI: US companies in China are increasingly fretful that trade tensions between the world’s two biggest economies will drag out over years...

IT sector holds huge investment potential: PM

ISLAMABAD: Prime Minister Imran Khan on Tuesday said the country’s Information Technology (IT) sector held tremendous potential for investment, revenue generation and...

Hafeez Shaikh addresses UN panel, stresses extension in debt relief programme

Finance adviser calls for collective action against tax evasion and money laundering by corrupt politicians, criminals and terrorists

Asad Umar reaffirms commitment to fast-track WB-funded projects

ISLAMABAD: Minister for Planning Development and Special Initiatives Asad Umar on Tuesday said that the government is committed to expediting the projects...

PIA cuts fares for domestic, international flights

ISLAMABAD: Pakistan International Airlines (PIA) on Tuesday announced a further reduction in fares for international and domestic flights. According to a PIA spokesperson,...

Razak Dawood hails Aussie investors’ plans for Pakistan

ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has hailed Australian investors for expressing interest in different sectors...

Nimir denies entering FMCG market

Nimir Industrial Chemical Limited (NICL) has issued a clarification in response to a media report claiming that ‘Nimir has entered the fast-moving...

Auction of 13 govt properties in Lahore tomorrow

Shops and apartments on MM Alam and Ferozpur roads along with a leftover building of WAPDA will be offered for sale 

Pakistan to launch int’l ferry service linking Iran, Iraq, UAE

ISLAMABAD: The federal cabinet on Tuesday gave formal approval to the launch of a ferry service from Karachi and Gwadar ports to neighbouring...

Finance ministry asked to submit details of jobs quota allocation

ISLAMABAD: The Senate Standing Committee on Finance, Revenue and Economic Affairs on Tuesday directed the finance ministry to submit details of jobs...

MoST assures complete support to chemical manufacturers in R&D projects

PCMA planning import substitution of $5 billion by 2025 with production of chemical products currently being imported from various countries