PIA launches direct flights from Lahore to Kuala Lumpur, Bangkok
LAHORE:Â Pakistan International Airlines (PIA) has launched its direct flights from Lahore to Kuala Lumpur and Bangkok. The first flight (PK896) left for...
Govt releases Rs150 bn to IPPs without pre-audit checks
ISLAMABAD:Â Sources close to the Power division have revealed that the Ministry of Power has released around Rs150 billion to Independent Power Producers...
Azerbaijan inaugurates $40 billion European gas pipeline
Azerbaijan, on Tuesday, inaugurated part of an ambitious $40 billion pipeline complex that will create the first direct route to transport gas from one of the world's largest fields to Europe bypassing Russia.
WAPDA introduces revised daily wages, contingent based appointment policy
ISLAMABAD: The Pakistan Muslim League-Nawaz government has approved the revision in the daily wages and contingent based appointment policy for Water and...
Petroleum crude exports increase by 52.76pc
ISLAMABAD: Country’s petroleum crude exports increased by 52.76 per cent during the first quarter of the current fiscal year (July-September) as compared...
‘Lotte Chemical’ shows interest in Pakistan’s chemical manufacturing industry
Pakistan Chemical Manufacturers Association (PCMA) Monday urged the forthcoming government to include the chemical industry in its first 100 days plan and...
Govt urged to resolve oil transportation issues
The All Pakistan Oil Tanker Owners Association (APOTOA) representatives called on Energy Minister Omar Ayub Khan on Wednesday to apprise him about their...
Pakistani banks urged to comply with EU’s GDPR rules, ensure cyber safety
KARACHI: Pakistani banks need to operate in compliance with the European Union's (EU) new personal data protection rules, as ignorance may lead...
China’s short-term money rates fall, prompting talk of more easing
The move pushed the volume-weighted average rate of China’s benchmark seven-day repo, a closely-watched liquidity gauge, to 1.4 percent on Tuesday, its lowest level since July 2015
Apple explores moving 15-30pc of production capacity from China: report
Apple Inc has asked its major suppliers to assess the cost implications of moving 15 per cent to 30pc of their production...
CNG price reduced by Rs9 for Punjab, Islamabad
ISLAMABAD: The All Pakistan Compressed Natural Gas Association (APCNGA) on Friday announced to reduce the commodity price by Rs9 per liter for...
As stocks ramp up and tariffs loom, aluminium hits 3 month low
LONDON: Aluminium slid to a three-month low on Thursday, hurt by a rise in stocks, the prospect of looming US import tariffs,...
Steel industry opposes tariff reduction proposals of NTC
ISLAMABAD: As the National Tariff Commission (NTC) has proposed a reduction in tariff on import of finished or semi-finished steel products, the...
British Airways cancels flights following IT failure
LONDON:Â British Airways was forced to cancel some flights to and from London on Wednesday after it suffered "a systems issue".
Reports suggested dozens...
Business confidence exhibits fall before upcoming elections: OICCI
The outcome of the survey was hugely impacted by despondency in retail and wholesale trade whose business confidence nosedived to 6 percent against 40 percent in wave 15