US factory orders barely rise; shipments fall further
Manufacturing, which accounts for about 12pc of the economy, is losing momentum as the stimulus from last year's $1.5 trillion tax cut...
‘Islamabad SEZ facing delay owing to non-availability of land’
ISLAMABAD: The development of a special economic zone (SEZ) in the federal capital is facing a delay owing to the non-availability of the required...
SBP issues concessionary financing facility for special persons
KARACHI:Â The State Bank of Pakistan (SBP) has issued a concessionary small enterprise financing and credit guarantee facility for special persons.
SBP Governor Tariq...
Netflix says it will not join Apple TV service
LOS ANGELES: Netflix Inc, the world's dominant streaming service, will not make its TV shows and movies available through Apple Inc's upcoming...
Thar coal plant starts electricity generation
EPTL tests and energizes the first unit of 330MW of the combined 660MW power plant – located in Thar Block II
KARACHI:Â It...
Thar coal plant starts electricity generation
EPTL tests and energizes the first unit of 330MW of the combined 660MW power plant – located in Thar Block II
KARACHI:Â It...
‘WAPDA will import electricity from Tajikistan to overcome shortfall’
HARIPUR:Â Federal Water and Power Minister Omer Ayub Khan said on Monday that the Water and Power Development Authority (WAPDA) would import electricity...
Tajikistan intends to enhance trade volume with Pakistan
Pakistan businessmen urged to focus on Tajikistan in order to get easy access to the huge market of Central Asia
LAHORE:Â Investors and...
’20 more trains to be launched within six months’
LAHORE:Â Railways Minister Sheikh Rasheed Ahmad on Monday announced to add 20 more trains in the fleet of Pakistan Railways within six months.
Addressing...
Apple unveils new iPad, updates Mini ahead of video streaming launch
Apple Inc, in a surprise move on Monday, launched a new 10.5-inch iPad Air and updated its iPad Mini ahead of a...
Chinese firms issue letter of intent for $2bn investment in Pakistan
PM's assistant says a heavy truck assembling plant will soon be established in the Rashakai Economic Zone
ISLAMABAD:Â The XCMG and HSS Group of...
OPEC’s Barkindo says rebound in oil investments ‘very minimal’
BAKU:Â The investments needed to ensure stability in the global oil industry are returning after a downturn, but the pace is still slow,...
Deutsche Bank and Commerzbank go public on merger talks
FRANKFURT: Deutsche Bank and Commerzbank confirmed on Sunday they were in talks about a merger, although both warned that a deal was...
ICCI expresses resentment over FBR raids on business premises
ISLAMABAD: A meeting of local business community held at Islamabad Chamber of Commerce and Industry (ICCI) on Sunday under the chair of...
USA, UK, China top three export destinations for Pakistani products
ISLAMABAD: The United States of America (USA) remained the top export destinations for Pakistani products during the first seven months of the...