US warns German firms of possible sanctions over Russia pipeline
BERLIN: The US ambassador to Germany has warned companies involved in the construction of the Russian-led Nord Stream 2 gas pipeline that...
Bangladesh garment manufacturers raise workers’ pay amid further protests
DHAKA: Garment manufacturers in Bangladesh have agreed to raise workers’ pay, the Bangladesh commerce minister said on Sunday, urging people to return...
Poland could consider limits on use of Huawei products
WARSAW: Poland could consider a ban on the use of Huawei products by public bodies and possible legislation to curtail their use...
Saudi Arabia to set up $10 billion oil refinery in Pakistan
Pakistan wants to attract investment and other financial support to tackle a soaring current account deficit caused partly by rising oil prices
Saudi energy minister says oil market on ‘right track’
ABU DHABI: Saudi Arabia’s Energy Minister Khalid al-Falih said on Sunday the oil market is “on the right track” and will quickly...
Bank of China to enable payment in yuan on US e-commerce platforms: Xinhua
BEIJING: Bank of China’s New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales...
How IT enabled a Matric-qualified carpenter earn $50,000 in 18 months
Matric-qualified Muhammad Muawiya, a 22-year-old resident of Karachi, earns more than a bank manager every month and that too from the comfort...
Govt may cut gas cess by 50pc for fertiliser manufacturers
ISLAMABAD: The government is in negotiation with the fertiliser industry to resolve the issue pertaining to gas infrastructure development cess (GIDC) which the...
Three candidates shortlisted for Bank of Punjab’s president slot
ISLAMABAD: The Punjab government has shortlisted the candidates against the vacant position of Bank of Punjab (BoP) president.
Sources said that former National Bank...
Govt urged to withdraw hike in drug prices
KARACHI: Pakistan Medical Association (PMA) on Saturday showed concern over the announcement of 15 per cent hike in the medicine prices by the...
Saudi minister reaches Gwadar to inspect land allocated for oil refinery
GWADAR: A Saudi delegation, headed by Saudi Minister for Energy, Industry and Minerals Khalid Abdul Aziz Al Falih, arrived in Gwadar on Saturday...
Transparency Int’l seeks action against ‘illegal’ PSM revival plan
‘Award of PSM restoration contract to HUBCO and other private companies is a violation of PPRA rules’
ISLAMABAD: Transparency International (TI) Pakistan has said...
Drug prices increased by 15pc
KARACHI: The Drug Regulatory Authority of Pakistan (DRAP) on Friday announced a price hike of 9-15 per cent across the country.
According to a...
SECP disposes proceedings against K-Electric, imposes fine on CEO and directors
KARACHI: Securities and Exchange Commission of Pakistan (SECP) on Friday said it had disposed of proceedings initiated against the CEO and board of...
‘BoDs of all oil and gas companies to be reconstituted’
Petroleum minister says new boards will have equal representation from public and private sectors so that deserving professionals could get opportunities...