Pakistan seeks three LNG cargoes for Jan, Feb delivery Â
LONDON:Â Pakistan LNG, a subsidiary of state-owned Government Holdings, said on Monday it was seeking three liquefied natural gas (LNG) cargoes for delivery...
CDNS unearths largest-ever ‘scam’ of Rs200 million
Internal control weaknesses, lack of reconciliation of data held in manual and computerized database led to the discovery of this fraud
Habib Bank makes the pivot towards FinTech
Pakistan’s largest bank announces a big push into branchless banking, investments in technology infrastructure
IT security, monitoring system to help avert hacking attempts: SBP
ISLAMABAD: A spokesperson of the State Bank of Pakistan (SBP) on Sunday, while speaking about the recent hacking attempts on banks said...
Govt finalises strategy to install smart meters, ABC cables to control power theft
ISLAMABAD:Â The Pakistan Tehreek-e-Insaf (PTI) government has decided to install smart electricity meters and new aerial bundles cables (ABC) across the country in...
PM reaches Shanghai to attend China International Import Expo
SHANGHAI: After his hectic engagements in Beijing, Prime Minister Imran Khan has reached Shanghai to attend the China International Import Expo (CIIE)....
NPPMC declines to clear Rs15b penalty imposed on two Chinese companies
ISLAMABAD: The National Power Park Management Company (NPPMC) has refused to give an end to a penalty worth Rs15 billion it imposed...
Telecom sector adds 1.5m subscribers in Q1FY2018-19
ISLAMABAD: The subscriber base of cellular mobile operators has recorded a reasonable growth by attracting around 1.5 million new customers to their...
Money laundering greatest challenge for developing countries: PM Khan
BEIJING:Â Prime Minister Imran Khan on Sunday said that the advent of money laundering was the greatest hindrance to the growth of developing...
Belgian trade delegation to visit Lahore, Karachi for extensive B2B meetings
The Embassy of Belgium in Pakistan’s economic and commercial representation has announced the arrival in Pakistan of a 24-member trade delegation comprising...
Possible fraud causes banks to disable int’l ATM transactions
So far no other bank has reported any cyber attack or fraudulent activity within their accounts.
China’s Zhenhua Oil to sign oil deals with Iraq, Saudi at Shanghai expo: Sources
China’s Iraqi crude oil imports rose to 32.28 million tonnes in the first nine months of the year, or 863,000 barrels per day, 15 percent more than the same year-earlier level, according to Chinese customs data
Oil drops 1% as U.S. allows Iran sanctions waivers
Both contracts have fallen more than 15 percent from the near four-year highs touched in early October on worries the looming Iran sanctions could drain supply from global markets
Govt rebuffs APG request to link financial, banking systems with CNICs
The APG delegation which came to Islamabad in October had demanded the launch of a comprehensive procedure to monitor on cash donated for sadqa and zakat by citizens to madrassahs and the destitute
CDNS hikes saving scheme rates to almost four-year highs
Till now, the CDNS has raised a total of Rs2.72 trillion via the sale of saving schemes (net of prized bonds) by 31st August of this year which translates to 15.67%Â of the overall government domestic debt and liabilities at Rs17.36 trillion, as per the central bank