PIA mulls fleet expansion for new Gwadar airport

Pakistan International Airlines (PIA) plans to operate international flights and increase the frequency of domestic flights to and from Gwadar upon competition...

Dollar falls further to Rs159.81

KARACHI: Pakistani Rupee continued with its winning streak in the interbank market, gaining another 16 paisas against the US Dollar on Wednesday. According...

Pakistan, Bosnia agree to expand trade, military, agriculture ties

ISLAMABAD: Pakistan and Bosnia have agreed to improve the volume of bilateral trade and expand cooperation in multiple fields, including trade and...

Centre, Sindh at loggerheads over wheat support price

ISLAMABAD: The federal and Sindh governments are at loggerheads over minimum support price for the next wheat crop. Adviser to Prime Minister on...

Khusro Bakhtyar for expansion in Pak-EU trade ties

ISLAMABAD: Economic Affairs Minister Makhdum Khusro Bakhtyar on Wednesday chaired a high-level 'portfolio review meeting' of the European Union-funded projects in Pakistan. During...

SCCI urges govt to improve Pak-Afghan trade volume

PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) has urged the government to remove hurdles impeding Pakistan and Afghanistan's mutual trade...

Cement sector continues to shine as despatches hit record 5.73m tonnes in Oct

LAHORE: Pakistan's cement sector continued with its upward trend in Oct 2020, as total desptaches during the month surged to record 5.735...

Marks & Spencer faces £87.6m loss as Covid-19 hits clothing sales

LONDON: Britain's Marks & Spencer swung to a first-half pre-tax loss of £87.6 million ($113.43) in the first half, its first loss,...

KSE-100 fails to extend overnight rally, sheds 198 points

KARACHI: Failing to sustain gains accumulated in early trade, the Pakistan Stock Exchange (PSX) closed in the red on Wednesday. Global equity markets,...

PM directs mechanism for direct flour subsidy to those below poverty line

ISLAMABAD: Prime Minister (PM) Imran Khan on Tuesday ordered the Ministry of National Food Security to devise a mechanism to ensure the...

Industrialists urged to benefit from PM’s energy relief package

Advisor to Prime Minister on Commerce Abdul Razak Dawood has urged the industrialists to get the maximum out of the prime minister's...

ECC forms committee to resolve circular debt issue

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday formed a committee to prepare a proposal on modalities for clearing...

Govt approves spectrum strategy for improved telecom services

ISLAMABAD: The federal government has approved the three-year “Rolling Spectrum Strategy 2020-2023” to ensure faster telecom network speed. According to a press release...

Britain sets up share trading clash with EU

LONDON: Banks and asset managers in Britain can use exchanges from the European Union to trade shares from January, Britain’s financial regulator...

SECP registers 2,107 new companies in Oct

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,107 new companies in October, witnessing an increase of 26 per cent...