Oil rises 2pc after reports of Iranian tanker attack
NEW YORK:Â Oil prices rose about 2pc on Friday after Iranian media said a state-owned oil tanker had been attacked in the Red...
ECC, cabinet decisions led to hike in sugar prices: Abbasi
ISLAMABAD:Â Former prime minister Shahid Khaqan Abbasi on Saturday said that the decisions taken by the Economic Coordination Committee (ECC) and federal cabinet...
Distribution companies seek 63 paisa per unit power tariff hike
NEPRA has called a hearing on 23rd January to consider the proposed adjustment for December 2018
ISLAMABAD:Â Power distributing companies (DISCOs) have asked...
Efforts underway to make PIA profitable, says Sardar Mehtab
All efforts are underway to make PIA profitable and fulfilling consumers’ expectations, as envisioned by Prime Minister Nawaz Sharif.
This was stated by...
Pakistan GasPort to recommence LNG supplies on Dec 8
LAHORE: Pakistan’s second LNG import terminal, established by Pakistan GasPort Consortium Limited (PGPC) at Port Qasim, Karachi, shall recommence gas supplies to...
Businessmen Panel for special measures to facilitate overseas Pakistanis
ISLAMABAD: The Businessmen Panel (BMP) a leading think tank group in the Chambers of Commerce suggested to the new government that special...
Huawei outsells smartphone rivals in China, tightens market grip amid US spat
Oppo, Vivo, Xiaomi and Apple saw a decline in shipments and market share during the second quarter
HONG KONG: China’s Huawei Technologies cemented...
TDAP endeavouring to facilitate exporters
LAHORE: The Trade Development Authority of Pakistan (TDAP) is endeavouring to help and facilitate exporters of all product sectors with an aim...
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...
PHMA urges SBP to release procedure for applying DDT
LAHORE: Pakistan Hosiery Manufacturers Association (PHMA) on Tuesday urged State Bank of Pakistan (SBP) to issue procedures detail for applying drawback claims...
Rising oil prices a bad sign for economy: BMP
LAHORE: Chairman Businessmen Panel (BMP) Mian Anjum Nisar has said that Pakistan’s economy will most likely be faced with tougher challenges in...
Sindh sales tax collection up 44pc
LAHORE: The collection of sales tax in Sindh was recorded at Rs9.29 billion in March, up 44 per cent compared to Rs6.69...
Asian shares skid as Huawei CFO arrest revives trade jitters
Hong Kong’s Hang Seng index tumbled 2.6 percent to 26,117.28 and Japan’s benchmark Nikkei 225 fell 2.1 percent to 21,435.96
India moves to revive TAPI gas pipeline
NEW DELHI
India will host the next steering committee meeting of the proposed 1,814 kilometre-long Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, senior officials on both...
Oil edges up on Saudi output cut and Iran sanctions, but slowing economic growth drags
In July, Saudi Arabia told the producer group of the Organization of the Petroleum Exporting Countries (OPEC) that it had curbed production by 200,000 barrels per day (bpd) to 10.288 million bpd