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...
Dawood Hercules concludes divestment of 15.7 percent stake in HUBCO
LAHORE: In a notification sent to the Pakistan Stock Exchange by Dawood Hercules Corporation Limited on Friday revealed divestment of its 15.7...
Pakistan’s cotton production plummeted in last 25 years
ISLAMABAD: A report prepared by a committee setup by the incumbent government has revealed the country’s cotton production has plummeted in last...
Exxon Mobil, Energas planning to setup 3rd LNG terminal in Port Qasim
ISLAMABAD: Exxon Mobil in partnership with a consortium of Pakistan’s biggest businesses is planning to build Pakistan’s third import liquefied natural gas...