Punjab govt to set up high-tech testing lab to boost exports
LAHORE: Punjab Planning and Development (P&D) Board Chairman Hamid Yaqub Sheikh said on Thursday that a high-tech testing lab is being set...
Hafeez Shaikh calls for early completion of telecom spectrum sale process
ISLAMABAD: Stressing the need to release the unsold spectrum of Next Generation Mobile Services (NGMS), Adviser to Prime Minister on Finance and Revenue Dr...
Pakistanis can no longer subscribe to Zee5, other Indian SVODs
KARACHI: The State Bank of Pakistan (SBP) has directed all banks to stop processing subscription payments for Indian Streaming Video on Demand...
Govt to issue external bonds worth up to 1.5bn before Feb 2021
In a bid to keep foreign exchange reserves stable, the government is likely to float much-delayed external bonds worth $1-1.5 billion before...
FCCL expects double-digit growth in cement despatches this year
LAHORE: The management of Fauji Cement Company Limited (FCCL) is expecting a double-digit growth in cement despatches for the financial year 2019-20 (FY21),...
LHC quashes JIT, FIA, SECP notices to sugar mills of Sharifs, Tareen
LAHORE: The Lahore High Court (LHC) on Thursday declared the notices sent by the joint investigation team and Federal Investigation Agency (FIA)...
Country’s textile hub to utilise 80,000 power looms as sector revived
ISLAMABAD: Faisalabad is currently experiencing a financial boom with the operationalisation of 50,000 power looms and expecting the opening of another 30,000...
China’s Tencent profit surges 89pc as it rides gaming boom
HONG KONG: Chinese gaming and social media giant Tencent Holdings Ltd reported an 89pc rise in quarterly profit on Thursday, with its...
Gold market authority threatens to blacklist UAE and other centres
DUBAI: The world's most influential gold market authority is threatening to stop bullion from countries including the United Arab Emirates entering the...
Bears dominate trading as PSX sheds 632 points
KARACHI: Bearish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Thursday, with the indices accumulating losses all day long while volumes...
Imports of agricultural chemicals increase 5.94pc YoY in Q1FY21
ISLAMABAD: The import of agricultural chemicals during three months of the current financial year increased by 5.94 per cent as compared to...
Singaporeans snap up properties during worst ever recession
SINGAPORE: Singaporean Jason Chen recently bought a S$1.7 million ($1.26 million) three-bedroom apartment in a swanky condominium, upgrading his home in the...
Global oil demand unlikely to get vaccine boost until later in 2021, says IEA
LONDON: Global oil demand is unlikely to get a significant boost from the roll-out of vaccines against COVID-19 until well into 2021,...
October remittances grow 14pc to $2.3bn
Foreign remittances top $2bn for fifth consecutive month
Group of 165 Google critics call for swift EU antitrust action
BRUSSELS: A group of 165 companies and industry bodies have called on EU antitrust enforcers to take a tougher line against Google,...