Italy denies it will ban Huawei, ZTE from its 5G plans
MILAN: Italy has denied a report it will ban China’s Huawei Technologies and ZTE Corp from playing a role in building its...
Italy endorses China’s Belt and Road plan in first for a G7 nation
ROME: Italy endorsed China’s “Belt and Road” infrastructure project on Saturday, the first Group of Seven (G7) industrialized power to do so, as...
More than half of new cars in Norway are electric
OSLO: Electric cars for the first time accounted for more than half of new cars in Norway in March, official data showed on...
Heads of electric supply companies removed over skyrocketing losses
ISLAMABAD: The Power Division has removed from position heads of four electric supply companies of the country for not containing losses in their...
Real estate investment trust’s unable to seek funds from PSX due to high taxation regime
Pakistan Stock Exchange (PSX) has seen a dearth of listings from the real estate sector despite construction booming in the country. This...
South Korean entities vie for better economic ties with Pakistan
Lahore: The economic growth of Pakistan has impressed South-Korean companies and they are eager to establish and develop their business operations here...
Power consumers likely to get relief of Rs2.19 per unit for Feb
ISLAMABAD: Power consumers in the country are likely to get a relief of Rs2.19 per unit in lieu of a fuel price adjustment...
FPCCI seeks representation in the Economic Reform Committee
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Tuesday sought the inclusion of at least two of its representatives in the...
NA committee on commerce and textile recommends PSDP proposals
ISLAMABAD: The Standing Committee on Commerce and Textile recommended Public Sector Development Programme (PSDP) proposals of Ministry of Commerce and Textile amounting to...
Cumulative trade deficit for last fours recorded at nearly $99b
ISLAMABAD: As exports kept falling compared to ever rising imports since the present government came into power in 2013, the trade deficit...
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
Govt constitutes committee to formulate changes in PIU for agri-credit loans
ISLAMABAD: The cabinet has setup an inter-ministerial committee to be headed by Minister for Privatization, Daniyal Aziz for formulating recommendations for changes...
Budget to expand economy, encourage businesses, protect vulnerable people: Miftah
ISLAMABAD: Minister for Finance and Economic Affairs Miftah Ismail Sunday said the budget for the fiscal year 2018-19 will expand the economy by more...
ICCI urges FBR to stop harassment of builders and developers
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICC), Sheikh Amir Waheed has urged the Federal Board of Revenue (FBR) to stop...
PM directs for rationalisation of LPG price
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday directed Ministry of Petroleum to take effective measures, in consultation with all stakeholders, for...