Sarmaya-e-Pakistan, holding company for state owned enterprises incorporated: Asad

LAHORE: Finance Minister Asad Umar says Sarmaya-e-Pakistan, the holding company for state-owned enterprises, has been incorporated.In a tweet, he said turning around the state-owned...

Britain’s RBS one of eight banks in EU bond cartel probe

LONDON: Royal Bank of Scotland is one of eight banks being probed by European authorities for its possible role in a euro bond trading...

Pakistan, Saudi Arabia to sign MoUs on drug control, renewable energy: FO

ISLAMABAD: Pakistan and Saudi Arabia are set to sign various Memorandums of Understanding (MoUs) to enhance bilateral cooperation in the fields of mineral resources,...

Chinese envoy meets PM; says next CPEC stage to focus on investing, buying more from Pakistan

ISLAMABAD: Chinese Ambassador in Pakistan Yao Jing met Prime Minister Imran Khan on  Thursday and said the next stage of China Pakistan Economic Corridor...

Philip Morris eyes tech gadgets for ‘smoke-free’ market

GENEVA: Gadgets that monitor health, from wearable step-counters to apps tracking sleep and diet, have exploded in popularity in recent years, and now even the...

Pakistan to brief FATF on measures against money laundering

Talks between the two sides will begin on February 17th in ParisISLAMABAD: Pakistan will hold talks with the Financial Action Task Force (FATF)...

Saudi crown prince’s visit to ease Pakistan’s financial crunch: FT

Renowned international publication Financial Times says the upcoming visit of Saudi crown prince Mohammed bin Salman to Islamabad will further ease the financial crunch...

Petroleum Division likely to table revised gas tariffs before CCoE

The division was given 10 days to submit the findings of inquiry report into inflated gas bills to domestic consumersISLAMABAD: The Petroleum Division...

SBP reserves increase by $13m, stand at 8.2bn

KARACHI: The total liquid foreign reserves held by the country stood at $14.89 billion on February 8, a weekly report issued by the State Bank...

Power Division directed to form special team to address overbilling woes

The team will visit different locations to listen to the complaints regarding overbilling and will order remedial measures on the spotISLAMABAD: A sub-committee of...

All stakeholders on same page regarding CPEC: minister

ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar said on Thursday that formation of the China Pakistan Economic Corridor (CPEC) Business Forum would help create an interface...

Former SBP governor Salim Raza joins Karandaaz

LAHORE: Karandaaz Pakistan has announced the appointment of former State Bank of Pakistan governor Salim Raza on its board of directors.Salim Raza has over 40...

Dawood lauds WB’s contribution in Pakistan, seeks further assistance

ISLAMABAD: World Bank has played an important role in modernising and supporting various development initiatives in Pakistan, said Advisor to Prime Minister on Commerce...

IT ministry’s budget slashed by 50pc, Senate told

ISLAMABAD: The Senate's Standing Committee on Information Technology and Telecommunications was informed on Thursday that the budget of the Ministry of Information Technology and Telecommunication has...

Businesses cannot grow amid raids, harassment: LCCI

LAHORE: Businesses cannot grow amidst raids, harassment, lack of energy supply and severe traffic jams, therefore, the government should resolve these issues at the earliest...

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Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are...

The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles

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Sindh, Balochistan face gas shortage, as LNG terminal goes offline for...

To mitigate the fall out from the shortage of gas, SSGC announced an additional 12-hour gas holiday for compressed natural gas (CNG) fuel stations across Sindh on Saturday in order to provide supply gas to domestic and commercial consumers