Greatly anticipated Samsung Galaxy Note 9 launched in Pakistan

LAHORE: Samsung Electronics Co., Ltd. launched the latest addition to its premium Note series with Galaxy Note 9. The Note series has been recognized for including...

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...

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...

MD SNGPL claims improvement in gas supply to CNG outlets

Managing Director of the Sui Northern Gas Pipelines Limited (SNGPL) has claimed that supply of gas to the CNG outlets will be...

Slippage in billing collection and other factors causing rise in circular debt

A loan facility of up to Rs431 billion for Discos was arranged by PHPL/CPPA-G on part of Discos for FY17 as a term finance facility

Govt removes FATF concerns regarding amnesty scheme, Senator Haroon Akhtar

ISLAMABAD: Special Assistant to the Prime Minister on Revenue, Senator Haroon Akhtar has said that the Financial Action Task Force (FATF) has not...

Islamic Development Bank to use blockchain for development of Sharia-compliant products

RIYADH: The research arm of the Islamic Development Bank plans to use blockchain technology to develop sharia-compliant products, aiming to support...

RCCI to hold conference in Belgium to boost trade, improve country’s image

RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) will hold a business opportunity conference in Belgium on May 8. The RCCI President Zahid...

NSS mobilises savings worth Rs3.27bn, down 86.4pc

KARACHI: Savings mobilised by the National Savings Schemes (NSS) amounted to Rs3.27 billion in January, down 86.4 per cent from a year ago. According...

NEPRA hikes power tariff by 10 paisa per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday allowed an increase of 10 paise per unit in the power tariff for...

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: Power distributing companies (DISCOs) have asked...

Yen falls, Australian dollar gains as U.S.-China trade angst eases

Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.

11MFY20: Cement exports fall 6.8pc to $242m 

ISLAMABAD: The export of cement from the country witnessed a decline of 6.79pc during the first 11 months of the current financial...

WB capitulates and revises Pakistan external financing needs to $17b

Islamabad: World Bank on Monday capitulated and admitted to its negligence of overestimating Pakistan’s external financing needs for current financial year 2017-18. This...

Alibaba, Tencent, car makers set up $1.5bn China ride-hailing venture

BEIJING: Alibaba, Tencent, Suning, and car makers including Chongqing Changan Automobile have set up a $1.5 billion Chinese ride-hailing venture, a move...