Global e-commerce sales will skyrocket to $3 trillion by 2022: Fitch Solutions

China is the largest e-commerce market globally with total e-commerce sales forecast at $834 billion in 2019 and projected to further rise to $1.24 trillion by 2022

FATF terms Pakistan’s progress ‘limited’, calls for swift completion of action plan

It directed Pakistan to demonstrate that remedial actions and sanctions be applied in cases of AML/CFT violations and that these actions have an effect on AML/CFT compliance by financial institutions

Purple Cow Strikes Again!

In the field of monochrome Holsteins, entrepreneurs gathered again for the 4th edition of the Purple Cow event hosted by Kickstart-co working space and...

Oil falls 1 percent, U.S. crude on longest losing streak since 1984

Brent slumped about 3.6 percent for the week and more than 15 percent this quarter

Tourism makes up 7pc of Pakistan’s GDP says: Jovago

Lahore: Jovago.pk, the country’s premier hotel booking e-commerce website released a report on the Pakistani Tourism Industry which revealed that tourism makes up 7pc...

PPL discovers oil, gas in Sindh’s Kotri Block

KARACHI: Pakistan Petroleum Ltd announced on Monday that it has made a gas and condensate discovery at exploratory well Yasar X-1 from its wholly-operated...

KP endorses FWO for construction of oil pipeline

ISLAMABAD: The Khyber Pakhtunkhwa government has voiced opposition to Inter-State Gas Systems (ISGS) for laying the pipeline from Machike to Taru Jabba (Nowshera).The KP...

Oil prices go up slightly on Friday after extension in output cut

Oil prices edged up on Friday but markets remained on the back foot after tumbling in the previous session when OPEC and allied producers...

Govt to install 100,000 digital metres next month

Minister directs distribution companies to prepare and implement a three-month plan for feeder-wise anti-theft operation Federal Power Division Minister Omar Ayub Khan has directed...

Market Daily: KSE 100 index drowns in a sea of red with a 1,000-point plunge

By mid-day, the fall was already above 1,000 points – the second such in successive weeks thus far.

Labour bodies concerned over labour law violations in textile factories

KARACHI: The National Labour Council (NLC) and Pakistan Institute of Labour Education and Research (PILER) have expressed serious concern over grave violation of labour...

Nepra chastises NTDC for recurring power failures

NTDC was granted permission by Nepra to invest Rs96.63 billion in the last three years to enhance dependability of the transmission network

United Towel’s acquisition of Vespo Groep BV expected to boost exports by 221pc

ISLAMABAD: United Towel Exporters which acquired a 70 percent stake in Dutch-based Vespo Groep BV expressed optimism its exports to Europe would jump up...

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 damagesQualcomm Inc...

ZTE settlement details revealed, ban still in force

Under the settlement, ZTE will pay a total civil penalty of $1.7 billion, including $361 million already paid as part of a March 2017 agreement, the $1 billion fine and the $400 million that will go into escrow

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