FBR, USAID sensitise stakeholders on Pakistan Single Window
ISLAMABAD: The Federal Board of Revenue (FBR) and USAID’s Pakistan Regional Economic Integration Activity (PREIA) jointly organised a one-day stakeholders’ workshop on Pakistan...
IHC directs telcos to submit Rs36bn for licence renewal
ISLAMABAD: The Islamabad High Court (IHC) on Wednesday directed two mobile companies, Mobilink and Telenor, to submit Rs36 billion ($224 million) each within...
Govt to operationalise special economic zones soon
ISLAMABAD: The federal government, in coordination with the provinces, would soon operationalise special economic zones and export processing zones across the country to...
POL production dips 8.3pc in FY19
ISLAMABAD: The overall production of petroleum commodities witnessed a decrease of 8.35pc during the fiscal year 2018-19, as compared to the corresponding period...
IMF to Trump: It’s not working
WASHINGTON: US tariffs on China won't fix the trade deficit, and neither will weakening the US dollar through interest rate cuts, International Monetary...
HBL becomes first bank to offer credit cards through mobile app
HBL has now become the first bank in Pakistan to offer credit cards through its mobile app.
According to details shared by the...
Agri credit outreach grows 8pc to 4m farmers
ISLAMABAD: The agricultural credit outreach in the country during the financial year 2018-19 (FY19) recorded a growth of about 8pc, as 4.01...
Current account deficit shrinks 73pc in July
Following the government's agreement with the International Monetary Fund (IMF) on implementing tough measures for a bailout of $6 billion, Pakistan's current...
Govt decides to probe appointment of Neelum-Jhelum project CFO
ISLAMABAD: The Ministry of Water & Power has decided to initiate an internal inquiry to examine the facts regarding the award of an...
Alibaba postpones up to $15bn Hong Kong listing amid protests
HONG KONG/NEW YORK: China's biggest e-commerce company Alibaba Group Holding Ltd has delayed it’s up to $15 billion listing in Hong Kong...
Water pollution can reduce economic growth by a third: WB
WASHINGTON: Heavily polluted water is reducing economic growth by up to a third in some countries, a World Bank report said, calling for...
Stocks extend gains with 553-point rally
KARACHI: The Pakistan Stock Exchange (PSX) carried forward its positive momentum for the third successive session, ending the day in the green zone...
Tractor production falls 30.5pc in one year
The production of tractors in the country during the last fiscal year (FY19) dropped by 30.59pc as compared the production in the...
APG adopts Pakistan’s 3rd Mutual Evaluation Report
ISLAMABAD: The six-day 22nd annual meeting of the Asia-Pacific Group on Money Laundering is being held in Canberra, Australia.
A senior-level delegation from...
Intel launches first artificial intelligence chip Springhill
JERUSALEM: Intel Corp on Tuesday launched its latest processor that will be its first using artificial intelligence (AI) and is designed for...