SBP unveils commemorative coin to mark Guru Nanak’s birth anniversary
HYDERABAD: State Bank of Pakistan Governor Dr Reza Baqir on Tuesday unveiled the commemorative coin of Rs550 to mark the 550th birth anniversary...
Car sales drop 56pc in October
Car sales continued its downslide; recording a decline of 56pc in Oct 2019 when compared to the same month last year.
Cumulatively, car...
KSE-100 closes flat in range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX) failed to carry forward its positive momentum and ended a range-bound session on Tuesday flat.
Foreign investors...
SC seeks PIA’s response over NAB report
ISLAMABAD: The Supreme Court on Tuesday directed the Pakistan International Airline (PIA) to submit its response on the National Accountability Bureau (NAB) report.
The...
Huawei to give staff $286m bonus for helping it ride out US curbs
SHENZHEN: Chinese telecoms giant Huawei Technologies said on Tuesday it will hand out 2 billion yuan ($286 million) in cash rewards to...
AEDB signs agreement for 11 wind power projects
Alternative Energy Development Board (AEDB) has signed an agreement for the construction of 11 wind power projects which would generate 550 megawatts...
Pakistan’s exports to China will increase after new FTA: Dawood
BEIJING: Advisor to Prime Minister on Commerce Abdul Razak Dawood has said that Pakistan aims to expand its export portfolio with China...
ADB approves $2.5 million grant for technical assistance in agriculture sector
ISLAMABAD: The Asian Development Bank (ADB) has approved a grant of $2.5 million for a technical assistance designed to facilitate rapid adoption...
K-Electric CEO dismisses ex-chairman’s concerns regarding upcoming projects
KARACHI: In a veiled response to the recently resigned Chairman of the Board of K-Electric (KE) Ikram Sehgal, KE Chief Executive Officer Moonis...
Special audit panels to investigate tax evaders in sugar industry
KARACHI: Identifying massive tax evasion by sugar mills operating in Sindh, Punjab and KP through under-reporting of stocks and fake sales, the...
FATF targets: FBR to intensify crackdown against banned outfits
ISLAMABAD: In order to meet the condition of Financial Action Task Force (FATF) regarding the control of terror financing, the Federal Board of...
ICCI demands new industrial estate in Islamabad
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has asked the government to earmark an area in the Islamabad Capital Territory...
‘8,000MW renewable energy to be generated by 2025’
The National Assembly was informed on Monday that the government is planning to generate 8,000 megawatts of electricity through renewable sources by...
Govt announces Rs200bn package for exporters
ISLAMABAD: The government has decided to announce a support package of Rs200 billion for exporters in order to enhance the country's exports, encourage...
Adidas shifts German, US smart factories to Asia
FRANKFURT: Sportswear maker Adidas announced on Monday it was closing two niche but flagship factories in Germany and the United States that...