ML-1 to speed Pakistani exports, increase revenue: PM
Prime Minister (PM) Imran Khan has said that the CPEC’s Main Line -1 (ML-1) project is set to shape road networks amongst...
BMW aims for 20pc of vehicles to be electric by 2023
FRANKFURT: German luxury carmaker BMW is planning to step up its production of electric vehicles, Chief Executive Oliver Zipse told German daily...
Pak-Afghan trade to boost regional economic integration: Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce on Investment, Abdul Razak Dawood, on Monday said trade between Pakistan and Afghanistan would maximise...
SECP releases annual report for FY20
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued its annual report for the financial year 2019-20, detailing measures that...
Govt releases Rs319.5bn for uplift projects
ISLAMABAD: The federal government has released Rs319.5 billion for various ongoing and new social sector uplift projects under the Public Sector Development...
Indian govt looking into whether protesting farmers sabotaged telecom infrastructure
NEW DELHI/MUMBAI: Authorities in Indian Punjab are investigating whether protesting farmers were disrupting power supply to hundreds of telecom towers, a state...
Alibaba leads tech stocks’ frenetic selling as China cracks down on monopolies
HONG KONG: Internet giant Alibaba’s stock dropped by as much as eight percent, leading a tech selloff in Hong Kong on Monday,...
Etihad Airways starts charter services for passengers, cargo
ABU DHABI: Pursuing a new revenue generation programme amid the Covid-19 pandemic that has hit hard air travel demand globally, Etihad Airways...
Pakistan fails to meet IMF’s conditions regarding reforms in SOEs
ISLAMABAD: Pakistan has failed to meet the International Monetary Fund's (IMF) demand regarding structural reforms in State-Owned Enterprise (SOEs), a condition set...
Steel industry rejects allegations of cartelisation
ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has rejected allegations of cartelisation by the Association of Builders and Developers (ABAD),...
Peshawar district admin razes billboards worth millions
PESHAWAR: The Peshawar district administration has removed 3,000 billboards worth millions of rupees across the city without serving any notice to the...
NLC shifts stranded containers from Khunjerab to Sost
KHUNJERAB: The National Logistics Cell (NLC) on Sunday successfully transported containers stranded due to the Covid-19 pandemic from Khunjerab Pass to the...
‘Import duty being cut by 6pc on raw materials’
Commerce Adviser Abdul Razak Dawood has announced that duty on the import of raw materials for industries is being reduced by six...
Chinese diplomat says China ready to help Gwadar’s fishing industry grow
KARACHI: Chinese Consul General Li Bijian has said that security provision is prerequisite to attract foreign investment to Gwadar where mega projects are...
EU ban won’t be lifted before CAA audit, PIA told
ISLAMABAD: A day after Aviation Minister Ghulam Sarwar Khan expressed hopes that the ban imposed on Pakistan International Airlines (PIA) to operate...