Tech to be introduced in power sector to enhance efficiency: Minister

ISLAMABAD: Minister for Power Division, Awais Leghari has said the government plans to introduce a technology-based system in the power distribution companies...

ICST seeks relaxations for agriculture sector in the upcoming budget

ISLAMABAD: Terming the agriculture as the backbone of the economy, Islamabad Chamber of Small Traders (ICST) Sunday demanded purposeful relaxations for this...

Budget is being prepared to trap next government in financial difficulties: experts 

ISLAMABAD: As the government is likely to announce increased PSDP, salaries, subsidies and other incentives in the next budget despite the double...

Islamic banking investments rise 1.8pc in Oct-Dec

ISLAMABAD: Net investments of the Islamic banking industry have recorded an increase of 1.8 per cent (Rs9 billion) during the quarter from...

SBP’s role in BankIslami-KASB bank merger was “breaches of statutory duty”: SHC

LAHORE: The Sindh High Court (SHC) has directed the State Bank of Pakistan (SBP) to re-examine the valuation of the defunct KASB...

Pakistan to produce over 1,000 MWs of clean energy through wind power

KARACHI: Pakistan is all set to produce over 1000 Megawatts (MW) of clean electricity through wind energy alone in the current year,...

Pakistan’s mobile internet users stand at 21 percent of the population: Report

LAHORE: Pakistan’s mobile internet users as a percentage of the population were recorded at 21 percent at end of January 2018, according...
Pakistan China FTA

Pak-China FTA a source of frustration for business community: IWCCI

ISLAMABAD: Islamabad Women's Chamber of Commerce and Industry (IWCCI) on Saturday said that the Free Trade Agreement (FTA) between Pakistan and China is a source of frustration and...

Australia’s largest wealth manager ousts CEO amid fee scandal

LONDON: The head of Australia's largest wealth manager has resigned after the company admitted lying to regulators for more than a decade. AMP...

UPS targeting Pakistan’s growing international trade and CPEC

LAHORE: UPS, the international global logistic company is entering into a partnership with local logistics and shipping titan TCS, as it eyes...

Efforts afoot to introduce 5G technology in Pakistan by 2020: Anusha Rahman

ISLAMABAD: Minister of State for Information Technology and Telecommunication, Anusha Rahman on Friday said the government was making all-out efforts to ensure...

Sindh CM demands representation on board of K-Electric, SSGC

KARACHI: In wake of the power crisis afflicting Karachi, the Sindh government on Friday said it was looking to get representation on...

K-Electric & SSGC given 24-hour ultimatum to resolve dispute

ISLAMABAD: Ministry of Energy efforts to resolve the raging dispute between K-Electric and Sui Southern Gas Company (SSGC) over outstanding payments and...

Oil prices stabilize, after Trump’s tweet criticizing OPEC

NEW YORK: Oil prices edged up on Friday, stabilizing after an earlier slide driven by U.S. President Donald Trump’s criticism of OPEC’s...

Bank of Khyber profits surge by 25pc to Rs447.711 million

LAHORE: The Bank of Khyber (BOK) in a notification to Pakistan Stock Exchange (PSX) on Friday, released its financial results for the period...