Car sales plunge 42pc in August
Pakistan's auto industry sold 10,222 units in the second month of the fiscal year 2019-20 (FY20), down 42pc on a yearly basis,...
Toyota tests solar-powered Prius in quest for plugless electric car
TOKYO: Inspired by new ultra-thin solar panels developed for satellites, a project led by Toyota Motor Corp is experimenting with a sun-powered...
ABAD, CDC sign accord for digitalisation of land record
KARACHI: The Association of Builders and Developers of Pakistan (ABAD) and Central Depository Company Pvt Ltd (CDC) on Thursday signed a memorandum...
SECP registered 1,187 companies in August
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) had registered 1,187 new companies in August 2019, out of which 94pc companies were...
Google agrees to $550m fine in France to settle fiscal fraud probe
PARIS: Google agreed to pay a 500 million euro ($548 million) fine in France to settle a fiscal fraud probe that began...
‘Pakistan desires to make Ethiopia a gateway to African exports’
PM's adviser says commerce ministry will soon open a commercial section in Pakistan's Embassy in Addis Ababa
Ethiopian minister says his...
PM gives in-principle approval to construction sector as ‘industry’
Prime Minister Imran Khan on Thursday declared the construction sector as an industry by giving an in-principle approval, Radio Pakistan reported.
The approval...
USF, Jazz to bridge digital divide in South Waziristan
Continuing its partnership with Jazz to develop cellular access in underserved regions, the Universal Service Fund (USF) has awarded a new contract...
Weekly inflation dips 0.24pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the combined consumption group, as on Sept 5th, decreased by 0.24pc when compared with...
Stocks extend rally, KSE-100 closes 591 points higher
KARACHI: Bulls dominated the Pakistan Stock Exchange (PSX) for the second consecutive session of the week, as the indices extended gains from...
SBP to announce monetary policy on 16th
The State Bank of Pakistan (SBP) will announce its monetary policy on Monday (Sept 16th), said a statement issued by the central...
Pakistan to see significant deterioration in its ‘interest payments-to-revenue ratios’
In a Sector In-Depth report titled “Sovereigns – Global: B-rated sovereigns in APAC, LatAm and MENA most exposed to financing stress,” Moody’s...
Govt renames, changes TORs of ‘Prime Minister’s Kamyab Jawan SME Lending Program’
ISLAMABAD: The government, after consultation with banks, has changed the name of “Prime Minister’s Kamyab Jawan SME Lending Program” with “Prime Minister’s...
Explainer: Five ways how Google stifles business
U.S. authorities investigating Alphabet Inc’s Google for anti-competitive behavior have recently begun probing the company’s $116 billion-a-year advertising business.
Attorneys general for 50...
Govt ready to promulgate ordinance for setting up CPEC Authority
ISLAMABAD: Despite opposition from the parliamentary panel on China-Pakistan Economic Corridor (CPEC) Authority, the cabinet is set to give the go-ahead for...