OPEC cartel decides to extend production cut till end-2018
VIENNA: The OPEC cartel and a group of allied oil-producing nations agreed Thursday to extend crude output cuts until the end of...
Pakistan holding talks with France, Italy & Spain for LNG supplies
ISLAMABAD: Pakistan is in talks to import liquefied natural gas (LNG) from France, Italy and Spain, a senior Pakistani source said, raising...
PTCL, JAZZ top consumer complaint chart: PTA
ISLAMABAD: PTCL leads the consumer complaint chart with 1,267 complaints received during October, JAZZ (Mobilink+Warid) stands at the second position as a...
US Embassy to lead Pakistani delegation on power generation
ISLAMABAD: US Embassy Economic Counselor William Laitinen will be leading a delegation of the Pakistani government and business officials to participate in...
Pakistan produces unfit tobacco for manufacturing cigarettes
ISLAMABAD: As the lawmakers complain that manufacturing of substandard cigarette is causing an increase in mouth cancers among smokers in the country,...
Banks to observe holiday on Friday
ISLAMABAD: Following the announcement of the public holiday by the federal government, State Bank of Pakistan (SBP) and other financial institutions will...
Google’s new app ‘Datally’ to make people more mobile data savvy
KARACHI: Google has just launched its new ‘Datally’ in Pakistan, the app’s most important feature is to save ‘treasured’ mobile data but...
PSO suspends fuel supply to PIA in Karachi and Islamabad, later restored
KARACHI: Pakistan State Oil (PSO) on Thursday suspended fuel supply to the national flag carrier Pakistan International Airlines (PIA) in Karachi and...
Chinese manufacturing activity surges in November
BEIJING: Chinese manufacturing activity accelerated in November, a survey showed Thursday, adding to signs of a pickup in global and domestic demand.
The...
Sindh to establish its ‘first-ever’ RLNG power plant
KARACHI: Sindh is in negotiations with the federal government for establishment of its first ever re-gasified liquefied natural gas power plant of...
Oil markets edgier, as OPEC set to meet in Vienna
SINGAPORE: Oil markets opened cautiously on Thursday ahead of the outcome of an OPEC meeting in Vienna later in the day, with...
SBP providing cheap financing facilities
FAISALABAD: State Bank of Pakistan (SBP) is providing cheap financing facilities with minimum markup rate to 5 important segments for the speedy,...
Power distribution system offers $4bn market: Awais Leghari
ISLAMABAD: Minister for Power Division, Sardar Awais Ahmed Khan Leghari has invited Japanese companies and investors for investing and exploring the $...
India’s pet coke ban may prove beneficial for Pakistan’s cement industry
KARACHI: Supreme Court of India has recently upheld the ban on the use of hazardous petroleum coke (pet coke) in and around...
ECP notifies Shariah Standards No 17, 18, 23 of AAOIFI
ISLAMABAD: The SECP has notified for public consultation three Shariah Standards of Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI);Â Shariah Standard...