CPEC an engine of economic progress for Pakistan: FM
ISLAMABAD:Â Foreign Minister Shah Mahmood Qureshi has said that there is a complete national consensus that the China Pakistan Economic Corridor (CPEC) is...
PTA to deactivate all smuggled phones by Jan 2019
The Minister of State for Revenue Hammad Azhar has announced that mobile phones sold after 1st December 2018 that are not customs duty...
Sh Rasheed vows to make Pakistan Railways profitable
Minister says the number of freight trains will increase from 8 to 12 by March next year
PESHAWAR:Â Railways Minister Sheikh Rasheed Ahmad claimed...
Test proves Tarbela 4 project’s efficiency higher than envisaged
ISLAMABAD:Â The Pakistan Water and Power Development Authority (WAPDA) has successfully carried out simultaneous load rejection test of all three units of Tarbela...
IDEAS 2018 to commence from 27th
As many as 522 exhibitors from 50 countries will showcase their latest technological innovations
KARACHI:Â The 10th edition of International Defence Exhibition and...
Govt to introduce advanced metering infrastructure to control power theft
ISLAMABAD:Â Minister for Energy (Power Division) Omar Ayub Khan said on Saturday that an advanced metering infrastructure (AMI) system would be introduced and...
Price of petrol likely to decrease by Rs7 per litre
The prices of the petroleum products are likely to decrease by up to Rs7 per litre in the domestic market in December,...
Govt to reform institutions marred by corruption, nepotism: PM
PM lauds Railway Ministry for increasing the revenue by Rs 1.5 billion in three months
ISLAMABAD: Prime Minister (PM) Imran Khan on...
SECP takes on board top universities for promotion of Islamic finance
KARACHI:Â The Securities and Exchange Commission of Pakistan (SECP) signed a memorandum of understanding (MoU) with three centres of excellence in Islamic finance,...
Master Motors approaches MoIP, seeking assistance for PTM approval from PSM: Report
The letter stated the company needs to provide the land mortgage documents in favour of Faysal Bank against the financing sought as security
Asian LNG prices dragged down by oil slide, heavy supply
Spot prices for January delivery in North Asia were estimated at $10 per million British thermal units (mmBtu), 90 cents lower than last week, according to traders
Govt mulling to appoint Arif Usmani as NBP CEO: Report
Mr Usmani has been serving at Mashreq Bank and his previous experience includes stints as global head of wholesale banking at Abu Dhabi Islamic Bank PJSC, managing director and country officer of Citibank NA Pakistan
U.S. asks allies to shun Huawei equipment, WSJ reports; sector stocks fall
The move would further pile pressure on the world’s biggest telecom gear maker, which is under scrutiny from Western intelligence agencies for its perceived ties to China’s government and the possibility its equipment could be used for espionage
Pakistan on course to finalize new anti-money laundering law
Under the SECP’s AML regime, the financial institutions in Pakistan are required to report suspicious transactions, currency transactions and fulfil record-keeping requirements, said Ms Habib
Oil hits 2018 lows on emerging supply glut
International benchmark Brent crude oil futures hit their lowest since December 2017 at $61.52 per barrel, before recovering to $62.10 by 0430 GMT