Asian stock markets flat, as Fed plots interest rate rise in US
TOKYO: Asian stock markets were largely flat on Thursday with investors in the U.S. markets going on a Thanksgiving holiday and the...
Oil prices slightly down, as US crude reaches two-year highs
SINGAPORE: Oil prices eased on Thursday, with U.S. crude dipping away from two-year highs reached the day before, but the shutdown of...
Tainted officer gets appointed to post of director general HDIP
ISLAMABAD: Controversial appointments seem to be a forte of the present government as it appointed a tainted officer, Muhammad Azam to the...
Pakistan is slowly taking jobs away from India’s IT industry: Report
LAHORE: Indian IT outsourcing industry juggernaut is being undercut by a resurgent Pakistan as over 125 people lost their jobs in a...
Refineries in crisis mode, as govt ponders ban on import of furnace oil
ISLAMABAD: Likelihood of a ban on import of furnace oil is under consideration by the government due to topped up storages and...
Food exports climbed 9.85pc during July-October 2017
ISLAMABAD: Pakistan’s food exports increased 9.85 percent during the first four months of the current fiscal year against exports of corresponding period...
SBP deputy governor for review of banks’ business models to adapt to the changing landscape
KARACHI: State Bank of Pakistan Deputy Governor Jameel Ahmad has emphasised the need for a review of the prevailing banking business models...
Zong 4G’s free WhatsApp, a ‘boundary-less 4G customer experience’
KARACHI: Zong 4G announced free WhatsApp last week, adding to its already provided free Facebook, not just for Zong network but for...
Induction of new power plants, electricity generation cost jacks up to 24pc
LAHORE: The average electricity generation cost has been swelled up to 24 per cent following the induction of new plants, a high-level...
AEDB approves certification regulation for net-metering
ISLAMABAD: The Alternative Energy Development Board (AEDB) has accorded approval to certification regulations for solar powered net metering in the country to...
PEW demands stern action against sugar mills mafia
ISLAMABAD: The Pakistan Economy Watch (PEW) has demanded stern action against sugar mills mafia which is blackmailing the government, hurting consumers and...
Cotton crop failure further increases cost of doing business
KARACHI: The country has entered in an era of de-industrialisation where industries are closing down due to cotton shortage and about 140...
LPG distributors association announces country-wide shutter-down strike on December 9
ISLAMABAD:Â The Liquefied Petroleum Gas Distributors Association of Pakistan (LPGDAP) has announced to hold a shutter-down strike on December 9, 2017, in all...
Pakistan Army owns $20 billion stakes in fifty conglomerates claims Indian media report
LAHORE: The Pakistan army exercises control over fifty conglomerates said to be worth $20 billion stretching from banks, industrial plants, universities, milk dairies,...
Pakistan amongst world’s top milk producers: PEW
ISLAMABAD: Pakistan Economy Watch (PEW) on Sunday said the dairy sector has great potential which can be exploited with the support of...