Oil declines as Trump calls OPEC to cut prices

Brent crude futures were at $77.68 per barrel at 0405 GMT, down 56 cents, or 0.7 percent, from their last close

SECP notifies FATF compliant AML, CFT regulations

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) notified the Anti Money Laundering and Countering Financing of Terrorism Regulations, 2018. The...

Horticulture exporters set 325,000 tons target for Kinnow exports

A record export volume of 375000 tons was attained during last year fetching foreign exchange of $200 million

Cabinet Committee on Energy extends negotiations with hydel and gas based IPPs for tariff reduction

A separate case is being prepared for hydel and gas IPPs who have not signed the MoU 

PIA’s 10-year financial documents summoned by Auditor General for review

ISLAMABAD: Pakistan International Airlines (PIA) has been asked to submit its financial documents for the last ten years for review by the...

K-Electric posts Rs32.75bn profit

KARACHI K-Electric (KE) held its 106th Annual General Meeting (AGM) for the FY 2016, chaired by Independent Director Khalid Rafi, in the presence...

NPPMC penalises two firms over production delays in Punjab’s power plants

ISLAMABAD: The National Power Park Management Company (NPPMC) has imposed a Rs12 billion penalty on two Chinese firms owing to five months delay...

Tesla’s store-shuttering strategy may pull the rug out of solar

SAN FRANCISCO: Tesla Inc's sudden decision to shutter the bulk of its stores around the world raises a red flag over the...

Govt urged to realise country’s tourism potential

ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Engr Daroo Khan Achakzai said on Saturday that Pakistan could cope with...

Pakistan to get faster, reliable internet as China backed submarine cable to start operations by end-2019

LAHORE: Pakistan internet backhaul is expected to receive a significant boost with the addition of an upcoming submarine cable called PEACE cable...

NTDC to ulitise modern technology to supervise transmission line towers

'A GSM technology-based CCTV camera will be installed on transmission line towers which will ring an alarm to the control room...

Commerce ministry exploring ways to enhance exports

Islamabad: The ministry of commerce is exploring potential international markets to enhance exports, a senior ministry official said on Wednesday. "We are working...

History made as CPEC becomes functional

While Beijing Friday received Prime Minister Nawaz Sharif at the historic Belt and Road Forum starting from Sunday, the China-Pakistan Economic Corridor...

Jazz introduces Pakistan’s first 4G enabled feature phone

KARACHI: Jazz has launched Jazz Digit 1, a 4G enabled ‘smart’ feature phone for customers across Pakistan. The launch is in line with...

Omar Ayub for immediate action against power pilferers

'A total of 15,489 cases of theft have been detected since the launch of Power Division's crackdown' ISLAMABAD: Power Division Minister Omar Ayub...