Foreign investors request PM’s support to execute renewable energy projects
The Pakistan Foreign Investors Forum (PFIF) has sought Prime Minister (PM) Imran Khan’s intervention to resolve issues delaying the availability of cheap...
‘IT industry growth surpassing all traditional sectors’
ISLAMABAD: Minister for Information Technology and Telecom Syed Amin Ul Haque has said the recent growth of the information technology (IT) industry...
Urea sales likely to show 35pc YoY decrease in Dec 2020
LAHORE: The country’s urea sales for December 2020 are expected to decline by 35pc YoY, clocking in at 869k tonnes, taking CY20...
China telco shares lose 5pc in first trading day since NYSE delisting announcement
SHANGHAI: China’s three biggest telcos saw their shares drop as much as 5% in Hong Kong on Monday, the first trading session...
Oil prices touch multi-month highs as OPEC+ expected to hold output
SINGAPORE: Oil prices touched multi-month highs on Monday on expectations that OPEC and allied producers may cap output at current levels in...
Bitcoin trades near Sunday record of $34,800 following 800pc surge
TOKYO: Bitcoin traded at $33,365 in Asia on Monday, after soaring to a record high of $34,800 on Sunday as investors continue...
LDA introduces land use regulations
LAHORE: The Lahore Development Authority (LDA) has introduced the much-awaited land use regulations for allowing new business ventures to promote trade, commerce...
FBR initiates probe into NBP president’s alleged offshore assets
ISLAMABAD: The Federal Board of Revenue (FBR) has begun investigating incumbent National Bank of Pakistan (NBP) President, Arif Usmani, for his alleged...
PTI govt striving hard to strengthen economy: Qureshi
MULTAN: Foreign Minister Makhdoom Shah Mahmood Qureshi on Sunday said the Pakistan Tehreek-e-Insaf (PTI) government was striving hard to strengthen the national...
Govt to lower tax for expats
The federal government may promulgate another presidential ordinance to give income tax concessions to local and overseas Pakistanis on their investment in...
‘Govt to launch digital survey to identify poor under Ehsaas Programme’
ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Poverty Alleviation and Social Safety Dr Sania Nishtar on Sunday announced that the...
PM orders action against fuel smuggling across Iran border
Prime Minister (PM) Imran Khan has approved an action plan against 2,094 illegal petrol retail outlets in three provinces and smugglers of...
TMAs in tribal districts facing financial crisis
PESHAWAR: As many as 17 Tehsil Municipal Administrations (TMAs) in the tribal districts are facing a financial crisis due to insufficient funds...
Bitcoin rallies above $30,000 for first time
MONTREAL: Digital currency Bitcoin extended its record-smashing rally on Saturday, beginning the year with a surge over $30,000 for the first time,...
Libyans start using new exchange rate
TRIPOLI/BENGHAZI: The Central Bank of Libya on Sunday introduced a new unified exchange rate agreed last month after years of division between...