Japan provides $ 24 million for Islamabad-Burhan Transmission Line

Japan and Pakistan on Thursday signed a loan agreement worth $24 million for the first phase of implementation of Islamabad-Burhan Transmission Line...

Pakistan upgraded to MSCI Emerging Markets status

Karachi: The Pakistan Stock Exchange was upgraded to Morgan Standley Capital International Emerging Markets status on Tuesday (today). The PSX observed a bullish...

Factory activity in Asia weakens on China slowdown, trade disputes

China’s weakness spilled over to other Asian economies, with Malaysia’s manufacturing activity shrinking to its weakest pace of expansion since it launched the survey in 2012 and Taiwan contracting to its lowest since September 2015

Pakistan Railways and Sindh dispute over KCR route remains unresolved

ISLAMABAD: The final go-ahead for the $2b Karachi Circular Highway (KCR) is in doldrums as Pakistan Railways and Sindh government are yet...

IT and telecom sector priority areas for the govt: Dar

ISLAMABAD Finance Minister Ishaq Dar has said that the development and promotion of IT sector is an area of priority for the government. He...

Qualcomm launches patent challenge to Apple ahead of antitrust case

Qualcomm alleges that Apple violated three of its patents, and is asking for tens of millions of dollars or more in...

National assembly members call for reforms in Pakistan Post

Islamabad: Members of the National Assembly Standing Committee on Communications said on Wednesday that Pakistan Post needed massive reforms to cope with...

5,407 MW additional electricity being added in system: Abid

ISLAMABAD: Minister of State for Power Chaudhry Abid Sher Ali Wednesday said that around 5,407 megawatts (MW) additional electricity would be added...

Oil prices inch up, as tensions escalate in Middle East

SINGAPORE: Oil prices edged up on Tuesday, lifted by tensions in the Middle East, although rising output in the United States and...

China-Russia pipeline delivers 100m tonnes of crude oil

  A China-Russia oil pipeline has transported 100 million tonnes of crude oil in the five years since it began operations, local customs...

‘Over a dozen companies want to invest in LNG business’

ISLAMABAD: Islamabad Chamber of Small Traders on Sunday said that Pakistan can become an energy hub in the region as it borders China...

Saudi Aramco IPO unlikely to happen this year after oil attacks

DUBAI/LONDON/RIYADH: Saudi Arabia is unlikely to list its state-owned oil giant Aramco this year after attacks this month on its facilities, two sources...

Investable funds shifting to unproductive sectors: PBIF

KARACHI Pakistan Businessmen and Intellectuals Forum (PBIF) President Zahid Hussain on Wednesday said laws governing economy have continued to prefer trade over the...

Govt keen to see Pakistan as emerging hub of economic activity: Rana Afzal

ISLAMABAD: Minister of State for Finance, Rana Muhammad Afzal Khan said that the government is keen to see Pakistan as an emerging...

FWO serves thousands as country comes to a standstill

RAWALPINDI: FWO is responsible for the provision of better facilities for the commuters on Lahore-Islamabad Motorway (M-2). The recent protest by Tehreek...

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FBR proposes up to Rs40,000 tax for shopkeepers

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a maximum Rs40,000 fixed tax for shopkeepers, Pakistan Today has learnt. As per the documents, the tax...

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FIA recovers Rs7bn in 2019, PM’s aide claims

ISLAMABAD: Prime Minister's Special Assistant (SAPM) on Accountability Shahzad Akbar on Friday announced that the Federal Investigation Agency (FIA) has recovered Rs7 billion during...