Central development working committee meeting to be held this week

  ISLAMABAD: The Central Development Working Committee meeting is scheduled to be held this week. According to details, costly projects worth billions of rupees would...

4th PAKPLAS concludes after insightful deliberations and overwhelming response

  LAHORE: The Pakistan Plastic show (PAKPLAS) 2018 reached its conclusion in Lahore after featuring numerous insightful sessions, technologies, and strategic discussions. This highly...

Govt to hire professionals to solve governance issues in power sector

ISLAMABAD: In order to address governance problems in ten power distribution companies (DISCOs), the government has decided to hire sound and experienced professionals...

CPEC to make Pakistan industrial hub in South Asia: Ahsan Iqbal

ISLAMABAD: Minister for Planning, Development and Reform Ahsan Iqbal has said that Pakistan would soon become an industrial hub in South Asia,...

High-level Iranian delegation to visit Islamabad to hold 4th round on FTA

ISLAMABAD: The fourth round of the Free Trade Agreement (FTA) between Pakistan and Iran is to be held in April when a...

Car manufacturers suggest tax on resale of new cars to discourage illegal premium

ISLAMABAD: Despite various attempts by the government, car manufacturing companies have failed to end the menace of ‘on money’, an illegal selling fee...

PIA Chairman Irfan Elahi steps down: reports

KARACHI: Pakistan International Airline (PIA) Chairman Irfan Elahi has decided to quit from his post and resigned after a tenure of around...

Experts call for proper homework in order to benefit from CPEC

ISLAMABAD: Senior professionals of the engineering community at an interactive-technical session held here on Saturday called for doing proper home-work to take...

Uber facing license renewal problems in UK

LONDON: Britain’s second city Birmingham is seeking clarity from Uber on its business model as it decides whether to renew the taxi...

US agency probing air bag failure in Hyundai, Kia cars

WASHINGTON: The United States (US) National Highway Traffic Safety Administration said on Saturday it is opening an investigation to determine why some...

‘Exhausted’ Toys ‘R’ Us suppliers weigh options as huge retailer shuts

NEW YORK: When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid...

Facebook suspends data analytics firm involved in Trump’s election campaign

CAMBRIDGE: Facebook on Friday said it was suspending political data analytics firm Cambridge Analytica, which worked for President Donald Trump’s 2016 election...

Coca-Cola, US State Department to use blockchain to combat forced labour

NEW YORK: Coca-Cola and the United States (US) State Department along with two other companies said on Friday they are launching a...

Toyota, Uber in talks on self-driving tech

TOKYO: Uber Technologies is discussing the possibility of installing its self-driving system in Toyota Motor Co vehicles as the United States (US)...

Current forex reserves enough to cater for debt servicing and import liabilities: MoF

ISLAMABAD: Pakistan’s current foreign exchange reserves are sufficient to cater for debt servicing and import liabilities, a Finance Ministry spokesman said on...