Trump’s Huawei ban raises hopes for Chinese chip suppliers

SHANGHAI: Washington's blacklisting of technology giant Huawei has taken a toll on US semiconductor shares, but China-listed firms have rallied as investors...

Govt requests third extension for Dasu Dam deadline

LAHORE: The government has requested the World Bank for extending the 2,160 MW Dasu Dam deadline for the third time to utilise...

Senate body calls for legislation to resolve expats’ mobile registration issues

ISLAMABAD: Senate Standing Committee on Information Technology and Telecommunications Chairperson Rubina Khalid on Wednesday stressed the need to formulate policy through legislation for...

Pak-Russia big energy deal likely very soon

ISLAMABAD: Pakistan and Russia are close to formally signing bilateral agreements within days for the supply of gas and construction of two...

Agri sector, CPEC project contributing to increasing private investment in Pakistan

Washington The China-Pakistan Economic Corridor infrastructure projects and a stable macroeconomic environment is contributing to an increase in private investment in Pakistan, a...

Power consumers bearing the cost as Disco losses soar to Rs213 billion

ISLAMABAD: Power distribution companies have incurred over Rs213 billion in line losses over the past year, as power consumers bear the brunt...

Saudi Aramco IPO unlikely to happen this year after oil attacks

DUBAI/LONDON/RIYADH: Saudi Arabia is unlikely to list its state-owned oil giant Aramco this year after attacks this month on its facilities, two sources...

Tourism makes up 7pc of Pakistan’s GDP says: Jovago

Lahore: Jovago.pk, the country’s premier hotel booking e-commerce website released a report on the Pakistani Tourism Industry which revealed that tourism makes...

9th Interiors Pakistan Expo to be conducted from Dec 15

LAHORE Pakistan Furniture Council (PFC) is set to hold the 9th Interiors Pakistan Expo-2017 from December 15, here at the Expo centre to...

Bahrain discovers an estimated 80 billion barrels of tight oil

MANAMA: A new discovery off the coast of Bahrain is estimated to contain at least 80 billion barrels of tight oil, the...

Sindh High Court sets aside FBR suspension notice against Shell Pakistan

FBR had suspended sales tax registration licence of Shell Pakistan for alleged tax fraud

Government releases Rs 357.507 billion under PSDP

ISLAMABAD: The federal government which announced over a trillion rupees worth development budget last year, has only released Rs 357.507 billion under its...

High tax regime impeding investment in beverage industry

ISLAMABAD: A renowned beverage company in a letter submitted to the National Assembly Standing Committee on Finance has complained high taxes on...

Supreme Court orders forensic audit of oil import mechanism

ISLAMABAD: The Supreme Court on Sunday ordered a thorough analysis of the petroleum products import mechanism in the country by examining that...

BOI launches portal to facilitate investments in housing sector

ISLAMABAD: The Board of Investment (BOI) has launched on its website a portal for "investment opportunities in the housing sector of Pakistan",...