KP, Punjab protest over delays in signing of power-purchase agreements
Islamabad: Punjab and Khyber-Pakhtunkhwa have voiced their protest over the non-signing of power purchase agreements (PPA), as both provinces are supplying electricity from hydel-power...
Pakistan neglects tax reforms in drive to improve ease of doing business
ISLAMABAD: Though the World Bank (WB) will be issuing its ranking on the ease of doing business next month, Pakistan in its drive to...
Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
APTMA urges govt to remove ‘unjustified arrears’ from gas bills
LAHORE: All Pakistan Textile Mills Association (APTMA) Chairman Syed Ali Ahsan has urged the government to direct Sui Northern Gas Pipeline Limited (SNGPL) to...
Foreign reserves held by SBP fall by $342mn
The total liquid foreign reserves held by the country stood at $16,369.7 million on 31 August 2018, according to the State Bank of Pakistan...
Barclays, PayPal announce partnership, as big banks mull big tech threat
LONDON: British bank Barclays and digital payments firm PayPal have announced a partnership that will see them explore ways to combine their services for...
Local hotel offers guests complimentary smartphones with free services
ISLAMABAD: Until now, the hospitality industry provided fixed phones and paid local and international calling facility, but guests of one hotel in Pakistan will...
Cabinet to fill vacant slot of Port Qasim Authority chairman soon
ISLAMABAD:Â The federal cabinet, while approving a stop-gap arrangement to run the affairs of Port Qasim Authority (PQA), has decided to fill the vacant slot...
Govt committed to providing uninterrupted gas to export industry
Petroleum minister says zero-industrial units will be given Rs25 billion subsidy on gas for three months
LAHORE:Â Petroleum Minister Ghulam Sarwar Khan said on Monday...
China’s factory activity shrinks for fourth month as trade woes deepen
BEIJING:Â Factory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and domestic...
NTDC installs auto transformers at Lahore, Jamshoro grids
In order to cater to the increased demand of electricity during the summer season, National Transmission and Despatch Company Ltd (NTDC) is all set...
Four Pakistani companies to take part in Heimtextil Russia 2017
KARACHI
Four Pakistani companies to participate in Heimtextil Russia 2017, starting from September 20-22 this year, under the Trade Development Authority of Pakistan (TDAP) Pavilion.
The...
Sindh demands adequate representation on board of new split-up gas companies
ISLAMABAD: In a breakthrough of proposed splitting up of gas distribution companies, the Sindh government has given its conditional nod given provinces were provided...
Abbasi quits ECC over Azerbaijan LNG Deal
The resignation is part of a prolonged process by which Abbasi has slowly been parting ways with the PML-N.Â
Dubai Islamic Bank posts Rs1,853m profit after tax
KARACHI:Â Dubai Islamic Bank Pakistan Limited, a wholly owned subsidiary of Dubai Islamic Bank UAE, in its recent board meeting held in Dubai approved the...
