Huawei outsells smartphone rivals in China, tightens market grip amid US spat
Oppo, Vivo, Xiaomi and Apple saw a decline in shipments and market share during the second quarter
HONG KONG: China’s Huawei Technologies cemented its dominance...
Govt lifts ban on new CNG connections
ISLAMABAD: In a decision that could give a new life to the Compressed Natural Gas (CNG) sector, the government has lifted the ban on new...
Constraint Removal War Room established in DISCOs
Islamabad: On the directions of federal minister for power division all distribution companies have established special Constraint Removal War Rooms (CRWR) while the Pakistan Electric...
Pakistan extended offer of $100 million open oil credit facility by Azerbaijan
The energy ministries from both the countries had reached an inter-governmental agreement in February 2017
Battle for K-Electric heats up
Statement comes following both parties having declared victory in the Cayman Grand Court’s ruling about K-Electric’s board of directors
Car sales decline 39pc in Sept
Car sales in Pakistan registered a decline of 39pc in Sept 2019, compared with the same month of last year.
This is primarily attributable to...
Exports of ready-made garments grew 15.65pc during first two months of FY 2017-18
Islamabad: The exports of ready-made garments from the country during first two months of current financial year increased by 15.65 percent compared to exports...
Implementation agreement for 1,320MW coal-based power project signed
ISLAMABAD: The Implementation Agreement (IA) for Pakistan's largest Thar coal-based power generation project (1,320MW capacity) has been signed at the Private Power and Infrastructure Board...
Iran, Turkey, Russia ink oil cooperation agreement
TEHRAN
A tripartite oil partnership and investment agreement were signed in Moscow between Iran, Turkey and Russia.
The three-party oil deal was sealed between Iranian company,...
Sindh, KPK & Baluchistan want LNG imports issue to be forth to CCI
Sindh, Baluchistan and Khyber-Pakhtunkhwa are at loggerheads with the federal government in regard to the liquefied natural gas (LNG) import policy. In a Council...
Dawood Lawrencepur approves renewal of Rs300 million loan facility for Tenaga Generasi Ltd
LAHORE: In a notification sent to the Pakistan Stock Exchange (PSX) on Tuesday, Dawood Lawrencepur disclosed in its board meeting held Tuesday approved renewal...
India allows state refiners to use Iran tankers, insurance for oil imports
NEW DELHI: India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country’s top shipper...
Govt prepares draft e-commerce policy framework to promote online business
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has prepared a draft e-commerce policy framework to pave way for holistic growth of e-commerce in the country...
Centre fails to pay KP Rs70m for Machai electricity
PESHAWAR: Despite completion of 2.6megawatt Machai Hydel Power Project (MHPP) three and half years ago, the Khyber Pakhtunkhwa (KP) government has provided more than...
Jazz CEO Aamir hints massive layoffs in a bid to revamp Jazz
LAHORE: In a recent message sent out to the employees at Jazz, Jazz CEO Aamir Ibrahim informed the company that Jazz would be going...
