Oil holds near two-month high on OPEC+ extension expectations
LONDON: Oil prices held near two-month highs on Friday and were set for a third consecutive week of gains, boosted by expectations of...
Govt launches AEO Programme to facilitate business community
FBR chief says 'Authorised Economic Operators' Programme will help businesses achieve their maximum potential
Power Division refutes Sindh govt’s allegations on ARE Policy
'Consultation on the draft ARE Policy was done with all relevant public sector entities, provincial energy departments, major multilaterals and DFIs'
Gen (r) Asim Bajwa to head CPEC Authority
The federal government has decided to appoint former Inter-Services Public Relations (ISPR) chief Lt Gen (r) Asim Saleem Bajwa as the head...
Big industry contracts 5.9pc in 3MFY20
ISLAMABAD: Despite positive economic indicators like reduction in current account deficit and jump in the stock exchange, the fall in Large Scale Manufacturing...
PayPal not ready to tap Pakistani market
A delegation from the Ministry of Information Technology visited the United States last month to convince international online payment company, PayPal, to...
Bulls stage comeback as KSE-100 gains 824 points
KARACHI: Bulls staged a comeback at the Pakistan Stock Exchange (PSX) on Friday, as the indices recovered the losses made in the previous...
US brings China trade war to Pakistan
'It's clear, or it needs to be clear, that CPEC is not about aid'
Bitcoin plummets to a six-month low on China crackdown
LONDON: Bitcoin slumped to a six-month low on Friday after China's central bank launched a fresh crackdown on cryptocurrencies, warning of the...
CPEC to focus on welfare of masses: Asad Umar
Planning Minister Asad Umar has said that ongoing phase of the China-Pakistan Economic Corridor (CPEC) would bring about socio-economic benefits for the...
‘Furniture city to be set up near Chiniot’
LAHORE: Punjab Industries & Trade Minister Mian Aslam Iqbal has said that a furniture city would be established on 200 acres of land...
SBP keeps policy rate unchanged at 13.25pc
The State Bank of Pakistan (SBP) has decided to maintain the policy rate at 13.25pc for the next two months.
In a statement...
Govt may merge Ufone completely with PTCL
ISLAMABAD: An inter-ministerial committee on Thursday discussed merging Ufone — a subsidiary of PTCL — either with PTCL or another telecom operator.
The...
CPEC projects resulted in 10,000 jobs; 15% output to national grid
KARACHI: China-Pakistan Economic Corridor (CPEC)’s energy projects have contributed $250 million in taxes and provided 10,000 jobs by adding 14.5 percent of...
Conversion to electric vehicles could save $2bn in oil import bills: Amin Aslam
ISLAMABAD: Adviser to Prime Minister on Climate Change Malik Amin Aslam Thursday said Karachi based automobile manufacturers had developed successful Electric Vehicle...