UPS targeting Pakistan’s growing international trade and CPEC

LAHORE: UPS, the international global logistic company is entering into a partnership with local logistics and shipping titan TCS, as it eyes...

Efforts afoot to introduce 5G technology in Pakistan by 2020: Anusha Rahman

ISLAMABAD: Minister of State for Information Technology and Telecommunication, Anusha Rahman on Friday said the government was making all-out efforts to ensure...

Govt spent $7 billion to keep rupee overvalued against the U.S dollar

ISLAMABAD: A member of the Economic Advisory Council (EAC) has said the government spent $7 billion in last few years to keep...

Pakistan contemplating floating a Panda Bond: Report

LAHORE: Adviser to the Prime Minister on Finance, Dr. Miftah Ismail has stated Pakistan is contemplating to issue a debt denominated in...

K-Electric & SSGC given 24-hour ultimatum to resolve dispute

ISLAMABAD: Ministry of Energy efforts to resolve the raging dispute between K-Electric and Sui Southern Gas Company (SSGC) over outstanding payments and...

Bank of Khyber profits surge by 25pc to Rs447.711 million

LAHORE: The Bank of Khyber (BOK) in a notification to Pakistan Stock Exchange (PSX) on Friday, released its financial results for the period...

Shell, Unilever to invest £100 million in Pakistan

LAHORE: As Pakistan struggles to sustain its depleting foreign reserves, on Thursday global consumer brand Unilever and Anglo-Dutch oil giant Shell announced investments worth...

OGRA likely to question SNGPL on charging local gas consumers with LNG rates

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) is likely to seek a response from Sui Northern Gas Pipelines Limited (SNGPL) over...

NA body discusses PSM losses, Ramazan package

ISLAMABAD: The National Assembly Standing Committee on Industries and Production met here in the Parliament Lodges on Friday with MNA Asad Umar...

TDAP-industry relationship to boost trade sector

LAHORE: The government is committed to facilitating trade and help generate a greater pace of economic development in the country. All trade-related issues of...

Miftah meets IMF, WB, ADB reps in Washington, discuss economic outlook

ISLAMABAD: Visiting Pakistan delegation led by Dr Miftah Ismail, Adviser to Prime Minister on Finance, Revenue and Economic Affairs participated in the IMF /...

Fuel prices expected to rise by Rs5 per litre next month

ISLAMABAD: Oil prices are expected to increase by Rs5 for the next month as a result of the swelling crude oil prices in...

China’s construction giant inks MoU to build Gwadar’s first luxury golf community

ISLAMABAD: Empire Properties, the Pakistan registered trustees of leading International Developers CPIC, have signed a Memorandum of Understanding with China Civil Engineering...

FBR suspends notices issued to builders, developers

KARACHI: Federal Board of Revenue (FBR) Director General Broadening of Tax Base (BTB) Tanveer Malik, on the request of Association of Builders and...

SBP injects Rs155 billion into market

KARACHI: The State Bank of Pakistan (SBP) on Thursday injected Rs155 billion into the market for one day, as reverse repo purchase...