Minister vows to end circular debt by Dec 2020
ISLAMABAD: Power Minister Omar Ayub Khan said on Friday that a system of automatic metering is being introduced in the country to bring efficiency in the...
Best Buy cuts ties with China’s Huawei
HONG KONG: Best Buy, the largest US consumer electronics retailer, will cut ties with China’s Huawei Technologies, a person familiar with the matter said,...
Oil prices rise; still set for third weekly drop on oversupply
Brent oil rose 7 cents to $72.65 a barrel by 0354 GMT, after rising to $73.04 earlier in the day.
Govt approves formation of 25-member national tourism coordination board
Pakistan Tourism Development Coordination will be reorganised and PTDC's Rs200bn worth properties will be transferred to provinces
ISLAMABAD:Â The government on Monday approved the formation of...
SBP deputy governor for review of banks’ business models to adapt to the changing landscape
KARACHI: State Bank of Pakistan Deputy Governor Jameel Ahmad has emphasised the need for a review of the prevailing banking business models to effectively...
Ahead of Elections 2018, govt approves issuance of new gas connections
The incumbent government is all set to initiate new gas supply schemes in constituencies of its key politicians in an attempt to muster large-scale...
Wall Street eyes more gains from Apple, its $1 trillion stock
NEW YORK: Shares in Apple Inc edged higher on Friday but stayed close to the $1 trillion valuation milestone the iPhone maker reached a day...
Fruit, vegetable exports from Balochistan to generate $1bn: PFVA
ISLAMABAD: In an initiative to give better access to fruit and vegetables of Balochistan in international markets, All Pakistan Fruit and Vegetable Exporters, Importers...
PEW lauds PM’s plan for rationalised tax regime
ISLAMABAD: The Pakistan Economy Watch (PEW)Â on Thursday lauded Prime Minister Imran Khan for initiating radical changes in the tax administration to make it...
Commissioner SECP inaugurates Islamic Finance Center in Abbottabad
Commissioner SECP Zafar Abdullah inaugurated a new Islamic Finance Centre for the promotion of Islamic investments at the Abbottabad Sarmayakari Markaz on Thursday. As...
Mari Petroleum successfully completes commissioning of facility in Daharki, Sindh
Plant beats pre-production gas estimation by producing 95 MSCFD gas to SNGPL
Government losing Diamar Bhasha dam’s land as execution of project delays
ISLAMABAD:Â Despite paying around Rs 64.8 billion in terms of compensation of land, the government starts losing the acquired land of Diamar Bhasha Dam (DBD)...
Pakistan, KSA to constitute joint working group on Gwadar refinery project
ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan on Monday met with Saudi Energy, Industry and Mineral Resources Minister Khalid Al Falih to discuss the implementation plan with regard to...
Silkbank declares operating profit of Rs858m
The Silkbank Limited Board of Directors has declared an operating profit of Rs858 million for the half-year ended June 30, 2019.
Net interest income grew...
Govt fails to implement surcharges on tobacco, sugary drinks
ISLAMABAD: The government has failed to implement the cabinet’s decision pertaining to imposing a Rs 10 surcharge on tobacco products and Rs1 on sugary...
