‘Promotion of women entrepreneurship imperative for Pakistan’s prosperity’

ISLAMABAD: Former State Bank of Pakistan governor and Karandaaz Board Chairperson Dr Shamshad Akhtar said on Thursday that promotion of women entrepreneurship is...

PIA owes Rs96bn to Civil Aviation Authority, PAC body told

ISLAMABAD: The Civil Aviation Authority (CAA) on Thursday informed a sub-committee of Public Accounts Committee (PAC) that the Pakistan International Airlines (PIA) owed...

WTO sides with US in dispute over China grain import tariffs

GENEVA: The World Trade Organisation on Thursday largely sided with the United States in its Obama-era case against Beijing over Chinese restrictions on...

President says skilled workforce necessary for CPEC projects

ISLAMABAD: President Dr Arif Alvi said on Thursday that the China Pakistan Economic Corridor (CPEC) framework has made Pakistan an important destination for...

Another Abraaj executive arrested in London

A third former Abraaj Group executive has been arrested in London following last year’s collapse of the largest private-equity firm in emerging...

FBR informs World Bank about recent tax reforms

ISLAMABAD: A meeting was held between the representatives of the Federal Board of Revenue (FBR) and World Bank on the tax reforms introduced...

Nestle cuts hundreds of Pakistan staff amid global restructure: Bloomberg

The company struggles with its slowest sales growth in 18 years Nestle SA's Pakistan unit has cut eight per cent of its...

Economic uncertainty puts sale of 1,700cc and above cars in jeopardy

KARACHI: The sale of 1,700cc and above cars has dropped considerably after media reports that the government would withdraw its decision of imposing 10pc...

Seminar held to highlight, address plight of home-based workers

KARACHI: HomeNet Pakistan, with the support of Aurat Foundation and Sindh Labour and Human Resource Department, organised a seminar to highlight and address...

Big corporates back crypto ‘plumbing’ despite currency caution

LONDON: Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they’re steering...

Iran wants strong trade ties with Pakistan

Iranian minister says his country intends to raise the volume of trade with Pakistan to $5bn by 2021 TEHRAN: Iran's Industry, Mines and...

Govt mulls relocating deposits worth Rs1.9tr

Speculations suggest that IMF has advised the govt to do so in order to avoid the alleged misuse of govt funds KARACHI: The...

PSX manages positive close after volatile trading

KARACHI: The Pakistan Stock Exchange (PSX) started the day on a bullish note, largely due to clarification from the central bank that the...

China says US trade agreement not yet settled

BEIJING: China said Thursday there is "still much work to finish" on the text of a trade agreement with the United States. US...

Asad Umar resigns as PM Imran revamps cabinet

Imran appoints Hafeez Sheikh advisor on finance, Firdous Ashiq Awan advisor on media  Fawad loses info ministry portfolio, becomes science and...