Faulty biometric machines to continue risking customer data till Sept
ISLAMABAD: The Senate's Standing Committee on IT and Telecom has deliberated on the responsibilities of Pakistan Telecommunication Authority (PTA) and Federal Investigation...
Construction sector to spur economy, create jobs: PM
ISLAMABAD: Prime Minister Imran Khan has said that the government is working on the construction industry's promotion on priority, as the sector...
Rs18bn scam unearthed in PAF housing society for martyrs
An accountability court in Karachi was on Wednesday informed of massive fraud in Fazaia Housing Scheme Karachi (FHSK) by two builders with...
Pakistan to blame if FTA-II with China fails, Dawood says
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday lauded the unilateral tariff relaxation given by China under the...
Sports goods’ exports drop 6pc in FY19
LAHORE: Due to an increase in imports of raw material for sports good and attached taxes, a six per cent decrease was...
DGPC’s ‘incompetence’ causes $50m loss to national exchequer
DGPC delays signing of agreement with an exploration and production company for six months, leading to Pakistan becoming increasingly reliant on imported gas
Cabinet approves signing of revised air services agreement with KSA
ISLAMABAD: The federal cabinet has approved the signing of a revised Air Service Agreement (ASA) between Pakistan and the Kingdom of Saudi Arabia...
Amazon to invest $1bn to help digitise small businesses in India
NEW DELHI: Amazon.com Inc CEO Jeff Bezos said his company will invest $1 billion to bring small businesses online in India, reaching...
FINCA secures Rs800m Tier-II facility from PMIC
FINCA Microfinance Bank Pakistan (FMBP) has announced that it has secured an eight-year, Rs800 million Tier-II/subordinated bilateral loan facility from Pakistan Microfinance...
Utility stores’ liabilities stand at Rs15.6bn, NA body told
ISLAMABAD: Parliamentary Secretary for Industries and Production Aliya Hamza told the National Assembly on Wednesday that current liabilities of Utility Stores Corporation stood...
Textile policy awaits PM Imran’s nod
--'Pakistan aims to increase its global textile share from $13.3bn to $25.3bn in next five years'
--'Govt will ensure regionally competitive energy prices...
‘e-Pay Punjab collects Rs500m tax in 100 days’
LAHORE: ePay Punjab, the first-ever government payment aggregator for citizen facilitation and ease of business, has collected over Rs500 million in tax...
Stocks lose 214 points amid lack of triggers
KARACHI: Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Wednesday, as the indices depreciated continuously while volumes contracted further, pushing the...
Inflation to decrease in coming months, Asad predicts
Inflation would lower down to a single digit by the end of this year, as compared to 12.6pc recorded in December 2019,...
China remains top importer, traded products worth $4.025 billion
ISLAMABAD: With its $ 4025.177 million imports to Pakistan, China remained the top importer of the country during the first five months...