CPEC’s 2nd phase to create huge number of employment opportunities
BEIJING: A Chinese scholar believes that the completion of the second phase projects under the China-Pakistan Economic Corridor (CPEC) would bring a...
Pakistan Post revenue increased by Rs7 billion within a year: Murad
ISLAMABAD: Minister for Communication and Postal Services Murad Saeed has said under the dynamic leadership of Prime Minister Imran Khan, the revenue...
Asian markets rise as fear of China virus eases
BEIJING: Markets in Asia-Pacific rose on Wednesday following another positive lead from Wall Street with investor sentiment mixed about the immediate and...
Media urged to carefully report ebb and flow in PSX
ISLAMABAD: The Ministry of Finance has termed certain reports, appearing in a section of press over the ebb and flow of the...
Japanese company eager to acquire 2 RLNG-based power plants
ISLAMABAD: Japanese energy company Mitsui and Co (Asia Pacific) Ltd delegation led by General Manager (GM) Hisato Nakayama called on Federal Minister...
ECC meeting today to approve fund for promotion of tourism
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet will hold a meeting here on Wednesday to approve setting up of fund for...
IMF brings down revenue target to Rs4.8tr
–Sources say govt may increase petroleum development levy to meet revised target
–Govt tells IMF it cannot increase gas prices or impose additional...
Govt approves Rs10bn subsidy package to counter inflation
–Federal cabinet bans sugar exports but allows imports to ensure a continuous supply in market
–Approves Rs490,000 Hajj package for pilgrims from north...
Prominent Turkish investors to accompany Erdogan on Pakistan visit
LAHORE: Turkish President Tayyip Erdogan would be accompanied by a delegation of 34 prominent Turkish companies during his upcoming visit to Pakistan.
As per...
Oil rises from 13-month low as new virus cases slow
NEW YORK: Oil gained more than 1 per cent on Tuesday, recovering from a 13-month low as the number of new coronavirus...
Coronavirus may slow Pakistan economy, IMF says
The International Monetary Fund (IMF) has expressed that the coronavirus outbreak may have an adverse effect on the Pakistani economy during its...
PTCL’s net profit decreases 14.5pc to Rs6.3bn
LAHORE: The Pakistan Telecommunication Company Limited (PTCL) has posted PTCL Group and PTCL’s net profit at Rs2.4 billion and 6.3 billion, respectively.
The...
China’s first-quarter smartphone sales may halve due to coronavirus
SHANGHAI: China’s smartphone sales may plunge by as much as 50pc in the first quarter, as many retail shops have closed for an...
Wheat flour crisis: CCP seizes record from PFMA office
ISLAMABAD: The Competition Commission of Pakistan (CCP) on Tuesday seized important documents during a search and inspection of the Pakistan Flour Mills...
Govt to soon decide fate of its subordinate organisations
Merger of 35 organisational entities, transfer of 43 to Sarmaya-e-Pakistan on the cards