Standard Chartered Bank to play key role in second phase of CPEC
ISLAMABAD: Standard Charter Bank (SCB) on Wednesday announced to play a key role in the second phase of the China-Pakistan Economic Corridor...
ZTE stops rendering services to Pakistani telecom companies: Report
ZTE's future projects in Pakistan remain mired in uncertainty, its shares trading remains suspended on Hong Kong Stock Exchange and it delayed the announcement of its Q1 2018 earnings to a later date
USAID-supported expo showcases cutting-edge energy research by Pakistani scholars
ISLAMABAD: The United States Agency for International Development (USAID) Director of the Office of Education in Pakistan Dr Christopher Steel, joined senior...
Textile value-chain on priority in federal budget 2018-19: Pervaiz Malik
LAHORE: Federal Commerce Minister Pervaiz Malik on Wednesday assured that textile value chain was topmost priority in federal budget 2018-19.
Addressing an International...
NPPMC penalises two firms over production delays in Punjab’s power plants
ISLAMABAD:Â The National Power Park Management Company (NPPMC) has imposed a Rs12 billion penalty on two Chinese firms owing to five months delay...
NTC to build Pakistan’s first ‘G-Cloud’
ISLAMABAD: VMware Inc, a leading innovator in enterprise software, signed an agreement with the National Telecommunications Corporation (NTC). The agreement will enable...
CCP imposes Rs5m penalty on Reliance Paints for price-fixing, downstream cartelisation
KARACHI: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs5 million on Reliance Paints Pakistan for fixing a minimum...
Finance ministry all set to put an end to three-tier pricing structure on cigarettes
Press release by a large tobacco company claims that FBR will retain the current three-tier pricing structure
Market Daily: Investors in dire need of positive triggers, KSE100 sheds 158.36pts
LAHORE: The Pakistan Stock Exchange (PSX) saw a weal session of trading before Economic Survey 2017-18 is unveiled on Thursday. It was...
ADB, partners review financial preparedness for disaster response in Pakistan
ISLAMABAD: The Asian Development Bank (ADB), the Department for International Development (DFID) of the United Kingdom, and German development cooperation through KfW...
Audi looks to double China production with partner FAW in five years
BEIJING: German luxury carmaker Audi AG aims to double China production with local partner China FAW Group Corp Ltd within five years,...
Deadlock persists in Kishanganga dispute, WB working to protect Indus Waters Treaty
LAHORE: The World Bank is working in conjunction with Pakistan and India to find an amicable solution over the recent differences regarding...
Oil prices stable, but remain below three-year highs
SINGAPORE: Oil prices were stable on Wednesday but were below the more than three-year highs reached the previous session as rising U.S....
Nepra approves Rs1.86 per unit cut in power tariff
ISLAMABAD: The power regulator refused the request to raise electricity tariff by 44 paisa per unit and directed power distribution companies (DISCOs)...
Fauji Fertilizer gets approval to invest $121 million in Thar Energy Limited
LAHORE: Fauji Fertilizer Company (FFC) Limited board has given go-ahead for an investment of $121 million in Thar Energy Limited (TEL).
In a...