Asia factory activity sputters as trade woes hit export orders
Manufacturing activity weakened in Vietnam and Indonesia last month, while Taiwan’s factories grew at the slowest pace in more than two years on sluggish export orders, according to business surveys released on Monday
Brent crude touches four-year high, as Iran sanctions loom
Benchmark Brent crude oil futures rose to as much as $83.27 a barrel and were at $83.21 at 0339 GMT, up 48 cents, or 0.6 percent from their last close
Syed Amir Ali takes over as CEO of BankIslami
In April, BankIslami had announced Syed Amir Ali would be appointed as the new CEO of BankIslami in place of Hasan A. Bilgrami.
ECC instructs to make USC operational again to stabilize food commodity prices
Currently, USC’s monthly sales stand around Rs1 billion and sitting on an inventory worth Rs4.5 billion
Saudi delegation reaches Islamabad, may sign four MoUs
Riyadh is exploring the possibility of setting up an oil refinery at Gwadar and investing in LNG-based power projects in Punjab and a copper and gold project in Balochistan’s Reko Diq
ADB approves access to information policy to ensure transparency
ISLAMABAD: The board of directors of the Asian Development Bank (ADB) has approved a new ‘Access to Information Policy’ that aims to maintain...
Mobile banking transactions grow by 195pc
ISLAMABAD:Â With a significant growth of some 195 per cent, mobile phone banking transactions in Pakistan had crossed the Rs410 billion mark in...
61m broadband users in Pakistan
ISLAMABAD:Â The number of broadband subscribers in Pakistan had reached 61 million by the end of August 2018, Pakistan Telecommunication Authority (PTA) confirmed.
The...
Cement exports rise by 8.1pc in two months
ISLAMABAD:Â The export of cement from the country increased by 8.01 per cent to $48.535 million during first two months of the current...
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Govt maintains petroleum prices for October
Applicable sales tax rate on POL products will be reduced to overcome international hike
ISLAMABAD:Â The federal government has decided to maintain the...
What comes next in Facebook’s major data breach
Facebook confirmed late Friday that third-party apps, including its own Instagram app, could have been affected
Imran Khan’s bid to crowdfund $14 billion for Pakistan dam
The government’s plan is to build two facilities: the Mohmand dam in the country’s northwest, widely seen as feasible, and the much larger, troubled Diamer-Basha project in the north, first mooted in the early 2000s
Indonesia keen to import 1m tons of rice from Pakistan
The Indonesian Ambassador to Pakistan stated the volume of bilateral trade is $2.18 billion, which is far less than the current potential
Previous govt made Rs72 billion illicit payment to power producers: AGP
The ECC meeting was apprised the sub-committee on circular debt had called the non-adjustment of liquidity damages by the Minister of Water and Power (MoWP) against claims of Independent Power Producers (IPPs) of Rs22.91 billion as illegal