Twitterati tells Meezan Bank to ‘Netflix and chill’

Meezan Bank recently disallowed the payment for Netflix application, calling it “non-Shariah compliant”. The bank’s decision has left many of its customers, who...

PLL managing director says ‘dual office’ does not contravene any law

ISLAMABAD: The Pakistan LNG Limited (PLL) managing director has said that his employment contract with PLL as well as the Pakistani law...

Engro realises promise of indigenous power production for Pakistan

Engro Powergen Thar (Private) Limited (EPTL) – a majority owned company of Engro Energy – and Sindh Engro Coal Mining Company (SECMC) – a...

Sluggish economic growth likely to keep cement sales flat

LAHORE: The country’s total cement sales during the concluding fiscal year of 2018-19 are likely to remain flat mainly due to a...

Pakistan wins five Cannes Lions in 2019

--Two Silver Lions and three Bronze Lions were won across four different disciplines: Design, Craft, PR, and Media CANNES: At the world’s...

Govt intends to run PSM on public-private partnership mode, NA told

ISLAMABAD: The National Assembly’s Standing Committee on Industries and Production was informed on Monday that the government intended to operate Pakistan Still Mills (PSM)...

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...

Online ad growth seen slowing in 2021 to levels since dotcom bubble burst

AGENCIES: Global advertising spend is expected to grow 4.6pc in 2019, a dip from previous estimates, with internet advertising seen slowing to...

Pakistan, Turkmenistan to discuss TAPI gas pipeline groundbreaking next month

Pakistani and Turkmen experts are set to meet next month to review arrangements and finalise modalities for the groundbreaking of the Pakistan-section...

Audi sees record half-year sales in China

CHANGCHUN: The Sino-German auto joint venture FAW-Volkswagen said a record 311,871 Audi vehicles were sold in China in the first half of...

British Airways faces record $230m fine over data theft

LONDON: British Airways-owner IAG is facing a record $230 million fine for the theft of data from 500,000 customers from its website...

Power theft caused financial loss of Rs45bn in FY18: NEPRA

The national exchequer has borne a huge financial loss of more than Rs45 billion due to electricity theft and other damages during...

Budget aims to promote industrialisation, FBR chief tells traders

--Shabbar Zaidi says department is mulling to charge tax on the basis of electricity bill on shops with an area of 240...

Trump vows to reduce US drug prices to world’s lowest

WASHINGTON: US President Donald Trump on Friday said his administration is working on an executive order to reduce US drug prices to...

‘Tariff structure being rationalised to improve Pakistan’s industrial competitiveness’

--PM's adviser says govt is targeting a $200bn share in Chinese imports LAHORE: Adviser to Prime Minister on Commerce Abdul...