27pc contraction in trade deficit helped Pakistan save $8.6bn in FY20: PBF
'The country's import-to-export ratio, however, has not improved much, as Pakistan still spends more than two dollars for every dollar earned'
PM postpones decision to increase power tariff for K-Electric consumers
ECC had earlier approved Rs2.79 per unit hike in K-Electric's tariff
HBL receives ‘Asia Best Bank Transformation 2020’ award from Euromoney
The bank also wins 'Pakistan's Best Bank 2020' for a second year running
Oil prices fall after OPEC+ agrees to ease output curbs
LONDON: Oil prices fell on Thursday after OPEC and other producers including Russia agreed to ease record supply curbs from August, though...
SBP reserves rise $13m to $12.05bn
The foreign exchange reserves held by the State Bank of Pakistan increased $13 million or 0.11pc to $12,054.9 million in the week...
Pakistani InfoSec researchers to debut at DEFCON Hacking Conference
Two top-ranked ethical hackers from Pakistan have been invited to speak at the world's largest hacker convention
Bulls regain control as KSE-100 crosses 37,000-mark
KARACHI: After a lacklustre display in the previous session, the Pakistan Stock Exchange (PSX) rebounded on Thursday, with the benchmark KSE-100 crossing...
Sukkur-Hyderabad Motorway among Rs289bn projects approved by ECNEC
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Thursday approved four projects worth Rs289 billion pertaining to the construction...
DoubleVerify expands to India
The global advertising technology company is going after the measurement, data, and analytics component of India's growing digital advertising market
Pakistan Steel Mills to be run as a joint venture with private sector, says Hammad Azhar
ISLAMABAD: Federal Minister for Industries and Production Muhammad Hamad Azhar on Wednesday rejected rumors regarding privatisation of Pakistan Steel Mills (PSM) and...
KE chief says crisis could have been averted if govt had approved 700MW plant in 2016
KARACHI: K-Electric’s Chief Executive Moonis Alvi on Wednesday said that if the government had approved a new 700MW power plant back in 2016,...
SNGPL seeks federal govt’s help as gas crisis worsens in Punjab
ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has sought federal government's help to resolve the ongoing gas crisis in Punjab, as...
Google faces off against the Joker malware and loses again
SINGAPORE: Google has removed 11 applications from the Play Store which were infected with malware that invisibly subscribes victims to premium services...
Trump wants to buy Roosevelt Hotel, PIA tells privatisation panel
–PIA official says hotel will be leased on long-term basis
–PML-N's Khawaja Asif opposes privatisation of any entity during Covid-19 pandemic
ISLAMABAD: A senior Pakistan...
PKR to hover around Rs163 against USD in 2020: Fitch
'However, Pakistani rupee will weaken to an average of Rs171.15 in 2021'