US likely to revise travel advisory for Pakistan: Dawood
‘Six US trade delegations will visit Pakistan in the next five months’
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has...
BOI chief lauds Chinese investment in Pakistan’s services sector
Chinese company Timesaco is launching five e-services in Pakistan, including 'Buraq' taxi service
ISLAMABAD: Board of Investment (BOI) Chairman and State Minister...
US economy misses Trump’s 3pc target in 2018
WASHINGTON: US economic growth in 2018 missed the Trump administration’s 3pc target by any measure, which could renew criticism of the White House’s...
Germany to provide €22.4m for development projects in Pakistan
ISLAMABAD: Pakistan and Germany on Friday signed a financial agreement worth €22.4 million to support existing projects in the areas of renewable energy,...
Stocks shed 343 points amid lack of triggers
KARACHI: Trading floor at the Pakistan Stock Exchange (PSX) turned red on Friday owing to lack of positive triggers. Indices kept following the...
Twitter profits surge, user base sees growth
WASHINGTON: Twitter said Friday profits surged while its user base grew in a quarterly update that lifted its share price.
The short-messaging service...
China accuses FedEx of ‘holding up’ Huawei parcels
BEIJING: China accused FedEx of deliberately "holding up" the delivery of more than 100 Huawei packages after the US firm misrouted some parcels...
Sindh govt slaps 19.5pc sales tax on internet
The provincial government in Sindh has decided to put a significant 19.5pc sales tax on internet and broadband services.
“The Sindh Revenue Board...
Finance ministry trying to save face over damning WB report
The finance ministry is reportedly scrambling in an effort to get the World Bank (WB) to soften a damning draft report of...
Govt set to lock horns with provinces over WB gas reforms
The incumbent government has brought back to life gas sector reforms backed by the World Bank (WB) despite continued opposition by the...
HBL’s profits fell massively since 2018, all else is well
ISLAMABAD: One of the leading banks of the country posted Rs 4.2 billion decline in net profits in the first six months...
Commission to probe unauthorised govt expenditures in last 10 years
ISLAMABAD: The federal government has empowered the debt inquiry commission to look into the unauthorised expenditures on the formation of camp offices, deployment...
Old habits die hard: Saudi Arabia struggles to end oil addiction
DUBAI: When Saudi Aramco was on the verge of a deal last year to buy a stake in an Indian oil refinery, its...
SBP reserves drop $389m to $7.61bn
The total liquid foreign reserves held by the country decreased by $389 million to $14.86 during the week ending on July 19.
As...
FBR forms cell to ensure timely completion of FATF action plan
ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Financial Action Task Force (FATF) cell to ensure effective and timely completion of...