‘Groundbreaking ceremony for Rashakai Economic Zone be held soon’

ISLAMABAD: China Pakistan Economic Corridor (CPEC) Authority Chairman Lt. Gen (r) Asim Saleem Bajwa on Tuesday said that the earth breaking ceremony...

Tesla launches second $5bn share sale since September

SAN FRANCISCO: Tesla Inc unveiled a $5 billion capital raise on Tuesday, its second such move in three months as the electric-car...

Punjab govt approves establishment of five cement plants

LAHORE: The Punjab cabinet has given approval for the establishment of five cement plants in the province. Addressing a press conference in Lahore...

‘Pakistan to continue GSP Plus facility after Brexit’

ISLAMABAD: Pakistan would continue to benefit from the UK’s trade preferences scheme at par with the EU GSP Plus facility after the...

Volkswagen to enter Pakistani automobile market in 2022

The world's largest automaker, Volkswagen (VW) is set to begin production of its vehicles in Pakistan in 2022. The VW Group has some...

Country building Mohmand, Bhasha dams at full throttle: PM

Prime Minister (PM) Imran Khan on Tuesday said that the country will soon have two new big dams, five decades after the...

NPMC assured of wheat stock availability

ISLAMABAD: The National Price Monitoring Committee (NPMC) was informed on Monday that currently sufficient stocks of wheat were available to meet existing...

In a first, Pakistan’s monthly exports to US cross $400m benchmark

Pakistan’s exports to the United States surpassed the $400-million mark during the months of October and November 2020, said Adviser to Prime...

China vows to uphold trade deal during Biden administration

WASHINGTON: Chinese Foreign Minister Wang Yi assured U.S. executives during a videoconference on Sunday that Beijing remained committed to the Phase 1...

Oil extend losses as gloom grows over soaring Covid-19 cases, lockdowns

SINGAPORE: Oil prices fell on Tuesday, adding to losses from the previous session that came as California tightened its pandemic lockdown through...

Indian farmers back on roads against Modi’s liberalisation

NEW DELHI/MUMBAI: Farmers’ protests against new laws liberalising agricultural markets spread across India on Tuesday, as farm organisations called for a nationwide...

China removes TripAdvisor, 104 other apps from stores under cleansing campaign

HONG KONG: China has removed 105 apps including that of US travel firm TripAdvisor Inc from app stores in the country, under...

G7 finance officials back need to regulate digital currencies

WASHINGTON/BERLIN: Finance ministers and central bankers from the Group of Seven (G7) advanced economies strongly supported the need to regulate digital currencies,...

President Alvi seeks enhanced trade ties with Belarus

ISLAMABAD: President Dr Arif Alvi said on Monday that Pakistan highly values its ties with Belarus and wants to further enhance bilateral relations...

Commerce ministry proposes NOC condition for import of NPB arms, ammunition

ISLAMABAD: The Ministry of Commerce has proposed to make the condition of 'No Objection Certificate' (NOC) mandatory for the import of Non...