Oil prices inch up from two-week lows
TOKYO: U.S. oil prices edged up on Friday, snapping three days of declines, but gains were limited as Asian share markets extended...
Stringent fines expected if coal power projects not completed on time
LAHORE: Any prolonged delays in coal-fired power projects being established in Sindh, would be penalized heavily said the government as it would...
Yuan holds immense potential for settlement of cross-border trade deals: SCB
KARACHI: There is loads of potential for the utilization of yuan for settlement of cross-border trade deals between Pakistan and China, said...
SBP presents draft law to parliamentary panel for curbing money laundering
ISLAMABAD: To rein in money laundering, State Bank of Pakistan has suggested a legal amendment which would permit law-enforcing agencies to question...
Cement prices to go up by Rs50 per bag
LAHORE: Cement manufacturers nationwide have decided to jack up cement price by Rs50 per bag after the hike in fuel prices recently....
Zong employees spend day volunteering at the Autism Research Centre
ISLAMABAD: Under the umbrella of its Employee Volunteer Program, ‘A New Hope’, Zong’s volunteers visited children with Autism Spectrum Disorder (ASD) in...
Market Daily: KSE 100 continues to rally for third session, gains 271 points
LAHORE: Bulls of the Pakistan Stock Exchange (PSX) showed strength on Thursday as the cement sector advanced. The star sector since the...
Bank’s high level exposure to low-rated government securities, a major risk, says: Moody’s
LAHORE: International credit rating agency, Moody's, has kept a stable outlook for Pakistan’s banking sector stimulated by a growing economy, enhanced domestic...
Local cement prices increase by Rs 10 per bag
According to AKD Research, cement prices in the northern region have increased by Rs 10 per bag. Previously, cement prices had largely remained...
Pakistan’s CPI surges by 3.8% in February 2018
KARACHI: The country’s Consumer Price Index (CPI) which measures average change over time in the prices for a market basket of consumer...
OMV Pakistan divests upstream business to United Energy for $192 million
KARACHI:Â OMV AG, the Vienna-Austria-based integrated oil and gas company, has agreed to sell its upstream, exploration and production, business in Pakistan to...
Price hike: Petrol price up Rs3.56 per litre
ISLAMABAD: Following OGRA’s recommendations, the government here on Wednesday announced another price hike in the price of petrol by Rs3.56 per litre...
Punjab govt spent hefty amount for increasing yields: DC
SIALKOT: Sialkot Deputy Commissioner Dr Farrukh Naveed said on Wednesday the Punjab government had spent billions of rupees under various schemes to...
PTEA urges govt to remove major obstacles in export growth
FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has urged the government to immediately remove obstacles affecting export growth. An extreme cash flow...
LG unveils premium K10 and K8 series smartphones at MWC
Karachi / SEOUL:Â LG Electronics (LG) unveiled the 2018 edition of its popular K8 and K10 mass-tier smartphones at the Mobile World Congress...