UK to purge Huawei from 5G by 2027, angering China and pleasing US
LONDON: Prime Minister Boris Johnson ordered Huawei equipment to be purged completely from Britain’s 5G network by 2027, risking the ire of...
Motorbike, three-wheeler sales drop 23.11pc in FY20
ISLAMABAD: The sales of motorbikes and three-wheelers decreased by 23.11 per cent during FY20 compared to FY19.
According to data released by the...
Punjab govt likely to reopen restaurants, wedding halls in Sept
LAHORE: The Punjab government has hinted at reopening restaurants and marriage halls across the province within the next two months.
According to media...
Oil dips on demand fears as OPEC+ considers output increase
LONDON: Oil prices fell on Tuesday on worries that new restrictions to stem surging US and Asian coronavirus cases could threaten a...
SBP extends Covid-19 mitigation measures till December
KARACHI: The State Bank of Pakistan (SBP) has extended a number of measures taken to mitigate the impact of Covid-19 from their...
Cheques issued by OGDC to Shazain Bugti, brothers bounce
OGDCL managing director refuses to issue Rs770m to the Bugti family for Uch gas field
PepsiCo’s results beat as lockdowns boost snack sales
PepsiCo Inc beat analysts’ estimates for quarterly revenue and profit on Monday, as people stocked up on its snacks including Tostitos, Cheetos...
Covid-19: KP’s tourism sector fears Rs12bn in losses by August-end
PESHAWAR: Khyber Pakhtunkhwa's tourism sector fears a loss of over Rs12 billion if the government continues to keep the industry closed till...
Sugar reforms committee to submit findings within one month
ISLAMABAD: A high powered committee, tasked to bring about reforms in the sugar sector on Monday said that it will submit its...
Pakistan to host World Tourism Forum 2021: Zulfi Bukhari
'Around 32 new three-star and five-star hotels will be constructed across Pakistan in the next two years'
SNGPL board elects Roohi Raees as chairperson
ISLAMABAD: The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL) on Monday, elected Roohi Raees Khan as SNGPL Board of...
PIA losses expected to reach Rs100bn amid Covid-19 pandemic
KARACHI: The Pakistan International Airlines (PIA) is expected to incur losses of Rs100 billion due to suspension of international flights amid coronavirus pandemic.
As...
Govt seeks working paper to modernise oil sector
SAPM Nadeem Babar stresses the use of technology for collection of real-time data in oil sector
Car sales plunge 53pc to 110,583 units in FY20
Sales of Honda Atlas, Indus Motors and Pak Suzuki decline 63pc, 53pc and 49pc, respectively
Flour mills reduce supply in reply to govt’s price reduction
LAHORE: After the government announced reduction in flour prices, the supply of flour in the market has reduced considerably.
According to sources, consumers...