‘PTC to set up BPO hub for Asia Pacific, Middle East in Pakistan’
ISLAMABAD: Pakistan Tobacco Company (PTC), which is a subsidiary of British American Tobacco, has announced to establish its business process outsourcing (BPO)...
Bitcoin worth more than JPMorgan as crypto sets new historic peak above $22,000
NEW YORK: The world’s largest cryptocurrency by market capitalisation, bitcoin, has reached another milestone in less than 24 hours as its price...
Govt fails to tax cigarettes as Pakistan falls at bottom of global scorecard
ISLAMABAD: Pakistan has so far failed to effectively tax cigarettes in a bid to increase revenue and discourage consumption of tobacco products,...
Bull run continues as index gains 406 points
KARACHI: Bullish run at the Pakistan Stock Exchange (PSX) continued unabated on Thursday, as equities rallied all day long to help the...
SHC restrains FIA from taking action against cryptocurrency owners
The Sindh High Court (SHC) issued on Thursday a show-cause notice to Federal Investigation Agency's (FIA) Cybercrime Wing deputy director regarding action...
Foreign direct investment falls in negative territory
Pakistan's net Foreign Direct Investment (FDI) stood negative at $16 million in November 2020 compared to positive $192.4 million in the same...
PM directs promotion of small and medium enterprises
ISLAMABAD: Prime Minister Imran Khan on Thursday noted that all economic indicators of the country were on a positive trajectory; however, promotion...
Serene Air granted permission for int’l operations
The Civil Aviation Authority (CAA) has granted private airline, Serene Air, permission to operating international flights to and from UAE and Saudi...
Motorbike, three-wheeler sales up 18pc in July-Nov period
ISLAMABAD: The sale of motorbikes and three wheelers increased 18.07 per cent during the first five months (July-Nov) of the current financial...
Provided $128m in debt relief to Pakistan, says US
The United States (US) Embassy in Islamabad tweeted on Thursday that the country provided $128 million in debt relief to Pakistan in...
Another $1bn of Saudi debt paid as Beijing comes to rescue Islamabad
Pakistan has returned second instalment of $1 billion of the $3 billion loan given by the Kingdom of Saudi Arabia much ahead...
US warns Pacific islands about Chinese bid for undersea cable project
SYDNEY: The United States has warned Pacific island nations about security threats posed by a Chinese company’s cut-price bid to build an...
PTCL, Ufone CEO Rashid Khan passes away due to Covid-19
PTCL and Ufone CEO and president Rashid Khan passed away on Thursday due to Covid-19.
According to the PTCL spokesperson, Khan had been...
Stocks and oil soar, dollar sinks as stimulus beckons
SINGAPORE: Stocks scaled record heights, the dollar plumbed two-year lows and oil prices hit their strongest since March on Thursday, as monetary...
Texas, nine US states accuse Google of working with Facebook to break antitrust law
WASHINGTON: Texas and nine other states sued Google on Wednesday, accusing it of working with Facebook Inc in an unlawful manner that...