Philip Morris eyes tech gadgets for ‘smoke-free’ market

GENEVA: Gadgets that monitor health, from wearable step-counters to apps tracking sleep and diet, have exploded in popularity in recent years, and now...

Petroleum Division likely to table revised gas tariffs before CCoE

The division was given 10 days to submit the findings of inquiry report into inflated gas bills to domestic consumers ISLAMABAD:...

Power Division directed to form special team to address overbilling woes

The team will visit different locations to listen to the complaints regarding overbilling and will order remedial measures on the spot ISLAMABAD: A...

All stakeholders on same page regarding CPEC: minister

ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar said on Thursday that formation of the China Pakistan Economic Corridor (CPEC) Business Forum would help create...

Former SBP governor Salim Raza joins Karandaaz

LAHORE: Karandaaz Pakistan has announced the appointment of former State Bank of Pakistan governor Salim Raza on its board of directors. Salim Raza has...

Dawood lauds WB’s contribution in Pakistan, seeks further assistance

ISLAMABAD: World Bank has played an important role in modernising and supporting various development initiatives in Pakistan, said Advisor to Prime Minister...

IT ministry’s budget slashed by 50pc, Senate told

ISLAMABAD: The Senate's Standing Committee on Information Technology and Telecommunications was informed on Thursday that the budget of the Ministry of Information Technology and...

Businesses cannot grow amid raids, harassment: LCCI

LAHORE: Businesses cannot grow amidst raids, harassment, lack of energy supply and severe traffic jams, therefore, the government should resolve these issues at...

Airbus to scrap production of A380 superjumbo

Airbus will produce 17 more of the planes including 14 for Emirates and 3 for Japanese airline ANA

Oil prices edge up on hopes for U.S.-China trade breakthrough

U.S. West Texas Intermediate (WTI) crude futures were at $53.76 per barrel at 2338 GMT, up 10 cents, or 0.2 percent, from their last settlement

Pakistan to request Saudi Arabia for commencement of dialogue on PTA

According to official sources, the PTA will envelop tariff and non-tariff barriers (NTBs) which will aid Pakistan in diversifying its export portfolio to Saudi Arabia

SBP to cease issuance of Rs40,000 prize bonds from 15th Feb

The decision was taken to appease global watchdogs, who had doubts about the investment of black money via these bonds

Foreign banks eye financial advisory role in divestment of two LNG fired-power plants: Report

This divestment would rank as the country’s largest privatization deal since 2005 when Etisalat acquired a controlling stake in Pakistan Telecommunications Limited (PTCL) for $2.6 billion

CCoE gives approval for import of LNG

CCoE has instructed the petroleum division to move forward with the development of the LNG infrastructure needed to transport additional LNG from Port Qasim to Pak Land

SSGC, SNGPL to charge different tariffs for RLNG supply to domestic and industrial consumers

The management committee of SNGPL in a meeting decided to regularize enhanced loads of commercial and industrial consumers on condition they are prepared to bear the bills of enhanced loads to them at RLNG tariff