PIA to restart UK flights using European charter aircraft
KARACHI: Pakistan International Airline (PIA) has signed a contract with Portuguese charter airline, HiFly, to resume its flight operation to the United...
Stocks bounce back to recover overnight losses
Cement sector leads market rally, helps KSE-100 close higher by 305.16 points at 39,882.78
Facebook launches TikTok-like product inside Instagram
SAN FRANCISCO: Facebook rolled out its own version of social media rival TikTok in the United States and more than 50 other...
Businessmen condemn Indian govt’s siege of occupied Kashmir
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Businessmen Panel on Wednesday said that the federal cabinet’s decision to...
Cultivation of outdated wheat varieties causing 50pc yield gap, minister told
Fakhar Imam urges scientists to work on new seed varieties; calls for proper storage practices to avoid post-harvest losses
NIC begins first hybrid incubation programme with 24 startups
ISLAMABAD: A new batch of 24 startups has joined the National Incubation Center’s (NIC) first ever hybrid incubation programme, a press release...
Sindh govt will give Rs20b in cash transfers to alleviate hardships of pandemic-hit people
KARACHI: The Sindh government will start cash transfer from next month to people badly hit by the coronavirus pandemic for their economic...
PIA reaches agreement with Portuguese airline for resumption of flight operations to UK
KARACHI: The Pakistan International Airlines (PIA) has completed alternative arrangements to resume flight operations to the United Kingdom.
In order to facilitate passengers...
Silkbank Ltd, SCB Pakistan Ltd appoint new CEOs
KARACHI: The Board of Directors of Silkbank has appointed Shahram Raza Bakhtiari as the new President and CEO of the Bank, the...
Local uptake of cement grew by 32.67 percent, exports grew by 66.14 percent in July 2020: APCMA
LAHORE: The new financial year has started with a positive note for the cement sector as the local and export deliveries by...
Business Confidence Score in Pakistan stands at negative 50 percent: OICCI Survey
KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) shared the results of its Business Confidence Index (BCI) Survey – Wave 19,...
Global current account imbalances narrowed in 2019, can narrow even further in 2020: IMF
WASHINGTON: The International Monetary Fund said on Tuesday that global current account imbalances narrowed in 2019 as trade slowed, and the coronavirus...
Higher petroleum prices to add approx Rs 4b to FBR’s revenue in August
ISLAMABAD: The Federal Board of Revenue (FBR) has estimated additional revenue of Rs 3-4 billion in August 2020 as a result of...
Unutilized capacity of government LNG Regasification Terminals to be auctioned
ISLAMABAD: The government has decided to auction unutilized capacity of LNG Regasification Terminals not under government’s use on a short-term basis, Business...
Approval from federal govt expected today for TCP to import sugar, wheat
KARACHI: The Trading Corporation of Pakistan (TCP) is all set to initiate the import of sugar and wheat for domestic consumption, a...