Economic benefits of low-income housing highlighted
ISLAMABAD: Investment in low-income housing would bring “massive” economic benefits to Pakistan, according to a new study published by Karandaaz Pakistan and funded...
Food industry suffers amid centre, provinces tussle
ISLAMABAD: The creation of various food authorities and subsequent enforcement of different laws by provinces have started impacting interprovincial trade across the country.
As...
Federal cabinet to decide subsidy for captive power plants tomorrow
ISLAMABAD: In an apparent bid to provide a subsidy to “influential” owners of captive power plants, the Petroleum Division, on the advice of the...
‘Pakistan can achieve 30pc renewable energy generation by 2030’
As renewable energy is now the cheapest form of electricity generation in Pakistan, the government could reduce its reliance on expensive power...
Railways minister vows Rs10bn profit in FY19
RAWALPINDI: Railways Minister Sheikh Rasheed Ahmed on Wednesday said that the department has set a target of receiving Rs10 billion in profit margins...
LMKT, Microsoft join hands to launch AppFactory in Pakistan
The AppFactory will recruit up to 30 apprentices every six months, and place them alongside senior software technicians to work on...
Qualcomm launches 5G-enabled Snapdragon 855 processor for smartphones
The key feature of the Snapdragon 855 chip, launched at an event in Hawaii, is a so-called modem for phones to connect to 5G wireless data networks with mobile data speeds of up to 50 or 100 times faster than current 4G networks
Asia shares sink after Wall Street sell-off
Hong Kong’s Hang Seng index fell 1.8 percent to 26,765.27 points and the Shanghai Composite Index lost 0.7 percent to 2,845.61
Oil prices slip on global growth concerns, swelling U.S. supply
International Brent crude oil futures were at $60.87 per barrel at 0508 GMT, down $1.21, or 2 percent, from their last close
Pakistan, Italy sign MoU for economic & trade cooperation
Dhaga said Italy would extend cooperation for value addition of different sectors to boost exports
Oil refineries on verge of closure, as furnace oil imports soar
Pakistan State Oil (PSO) is owed dues of Rs268 billion from power powers for the supply of furnace oil
Federal Cabinet to look into stalled KE- Shanghai Electric deal
Power Division says netting off KE dues is not workable due to a contractual obligation between KE and SSGC as well as KE and NTDC
‘Govt to utilise renewable energy sources to meet growing demand’
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar and Minister for Energy (Power Division) Omar Ayub Khan jointly chaired a meeting on...
Careem plans to launch bus service in Pakistan
After launching its bus service in Egypt, Careem, the famous ride-hailing service, has said it is next planning on launching a similar...
U.S. will not stop Iran exporting oil, Iranian president says
The United States has imposed sanctions on Iran and U.S. officials say they aim to reduce Iran’s oil exports to zero in a bid to curb the Islamic Republic’s missile programme and regional influence