PTCL Group conducts successful 5G trials

ISLAMABAD: PTCL Group has successfully tested 5G technology in a special ceremony held at its headquarters, a statement issued on Thursday read....

Telenor awarded Rs1.37bn contract for broadband services in Chitral, Dir

ISLAMABAD: The Universal Service Fund (USF) has awarded a contract worth approximately Rs1.37 billion to Telenor for providing high-speed mobile broadband services in...

Punjab okays Rs10.5bn for three uplift projects

LAHORE: The Provincial Development Working Party (PDWP) of Punjab has approved three development schemes of various sectors with an estimated cost of...

SBP modernises foreign exchange regulations to facilitate startups, fintechs and exports

The State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to facilitate startups, fintechs and...

Govt to finally launch country’s first Electric Vehicle Policy tomorrow

ISLAMABAD: While the government is yet to issue an ordinance or approve a money bill to implement the much-awaited Electric Vehicle (EV) Policy,...

Railways intends to handover e-services to NTC

ISLAMABAD: Pakistan Railways (PR) has formally requested the Ministry of Information Technology (IT) to grant permission to National Telecommunication Corporation (NTC) to...

NEPRA notifies Rs1.53 per unit hike in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified Rs1.53 per unit increase in power tariff for ex-Wapda Distribution Companies (DISCOs)...

Senate panel asks NBP to furnish details of non-performing loans 

ISLAMABAD: The Senate's Standing Committee of Finance and Revenue on Monday directed the National Bank of Pakistan to submit details of non-performing...

Trade deficit expands 8.2pc to $14.9bn in seven months

ISLAMABAD: Pakistan's trade deficit during the first seven months (July-January) of the current fiscal year (2020-21) increased 8.25pc to $14.96 billion, compared...

SECP proposes amendments to NBFC regulations

ISLAMABAD: In order to safeguard the interest of investors, the Securities and Exchange Commission of Pakistan (SECP) has proposed amendments to the Non-Banking...

FBR issues draft rules for enrolment in Pakistan Single Window

The Federal Board of Revenue (FBR) on Monday notified draft rules for enrolment in Pakistan Single Window (PSW). The FBR issued SRO 164(I)/2021...

CDWP okays four projects worth Rs6.8bn

ISLAMABAD: The Central Development Working Party (CDWP) has approved four projects worth Rs6.8 billion and recommended one project worth Rs43.32 billion to...

ECC approves payment mechanism for IPPs

Govt to immediately release Rs161bn as first installment to help ease pressure on IPPs and reduce circular debt

BRT Peshawar to add 30 new buses to its fleet

PESHAWAR: Thirty more buses have been acquired from China for Bus Rapid Transit (BRT)-Peshawar, a statement issued on Monday read. According to the BRT...

Moot calls for increase in federal excise duty on tobacco products

Pakistan yet to achieve WTO standard that requires signatories to optimally impose 75pc tax on retail price of cigarette pack