ECNEC approves Peshawar-Torkham Motorway, Karachi Yellow Line projects

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved several projects, including the construction of 21km-long Karachi Bus Rapid Transit...

ECC okays power tariff hike of Rs0.30 per unit

The Economic Coordination Committee (ECC), in its meeting held under the chair of Adviser to Prime Minister on Finance and Revenue Dr...

Traders announce Islamabad march on 9th

LAHORE: The All Pakistan Anjuman-e-Tajiran (APAT) reiterated on Wednesday that it would hold a march towards Islamabad on October 9, following the failure...

Jazz refutes AGP’s report, says Warid merger legal

ISLAMABAD: Pakistan Mobile Communications Limited (Jazz), in its clarification regarding the Auditor General of Pakistan's report that questioned the merger of Warid...

Huawei phones lose access to install Google’s apps

Huawei Technologies Co Ltd’s newly launched Mate 30 devices have lost their access to manually install Google’s Android apps, Bloomberg reported. According to...

SBP seeks record of foreign currency buyers from FBR

KARACHI: The State Bank of Pakistan (SBP) has asked the Federal Board of Revenue (FBR) to provide the record of foreign currency buyers...

Gwadar Port to become fully functional by next month

ISLAMABAD: The government would make the Gwadar Port fully functional by next month (November) as necessary transhipment rules for bulk cargo are...

Samsung ends mobile phone production in China

SEOUL: Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic...

CDWP approves two projects worth Rs3.9bn

ISLAMABAD: The Central Development Working Party (CDWP) on Wednesday approved two projects worth Rs3.9 billion. The CDWP met with Planning Commission Deputy Chairman...

Stocks gain 109 points in volatile ride

KARACHI: After a rocky start to the trading session, the Pakistan Stock Exchange (PSX) managed to land in the green zone on...

SC dismisses petitions against PIA CEO’s appointment

ISLAMABAD: The Supreme Court on Tuesday dismissed petitions challenging the appointment of Air Marshal Arshad Malik as Chief Executive Officer (CEO) of...

Middle East becomes top importer of Pakistani mangoes 

ISLAMABAD: The Middle Eastern region remained the top export destination for Pakistani mangoes, accounting for over 70pc of the share of total...

KE signs $50m loan agreement with SC to upgrade power infrastructure

K-Electric has signed $50 million loan agreements with Standard Chartered which is supported by GuarantCo to undertake upgradation of power infrastructure including...

‘Hard work pays off’, says SBP governor on reduced CAD

KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Tuesday that the actions taken by the economic team of the...

Cabinet finally approves Pakistan’s first e-Commerce Policy Framework

Registration with SECP mandatory for online businesses having sales of more than Rs1 million per annum It is compulsory for all...