ADB effectively raising development finance to achieve its targets in Asia and Pacific: review
The Asian Development Bank (ADB) is delivering with efficacy against its goal to enhance development finance to the Asia and Pacific region,...
Lucky Cement receives environment excellence award
Lucky Cement Limited won the Environment Excellence Award at the 15th Annual Environment Excellence Awards 2018, organised by The National Forum of Environment and Health (NFEH).
Road projects under CPEC face delays, as Chinese halt funding
ISLAMABAD: Certain road projects under China-Pakistan Economic Corridor (CPEC) have been deprived of funding by China and it will remain suspended till...
Pakistan’s mobile imports grew 14.38 percent during 1st half of FY 2017-18
LAHORE: Pakistan’s mobile phone imports during first half of financial year 2017-18 increased 14.38 percent, touching $376.498 million against $329.177 million in...
K-Electric posts Rs10.4bn profit for FY17
The Board of Directors of K-Electric Limited has approved the company’s financial results for the year ended 30 June 2017, a private...
US to assist Pakistan in establishment of Renewable Energy Institute and formulation of energy policy
ISLAMABAD: The United States will explore ways and means to assist the Power Division in the establishment of Pakistan’s First Renewable Energy...
Facebook sues South Korean analytics firm over alleged data misuse
SAN FRANCISCO:Â Facebook is suing South Korean data analytics firm Rankwave to make sure it isn't breaking the leading social network's rules, the...
Govt releases Rs2.19bn for petroleum sector in four months
ISLAMABAD: The government has released Rs 2.198 billion for the Petroleum and Natural Resources Division under the Public Sector Development Programme (PSDP...
Pakistan receives automatic tea-processing plant from Turkey
Islamabad: National Tea and High Value Crops Research Institute (NTHVCRI) Director, Dr Farrukh Siyar Hamid on Friday disclosed that Turkey’s Ministry of...
Wind power projects take priority over coal in Pakistan
Islamabad: Pakistan is beginning to reap the benefits of Chinese investment in renewable energy infrastructure, with the opening of the first wind...
Indus Motor’s profit drops 13pc in FY19
The Board of Directors of Indus Motor Company (IMC) met on Tuesday to review the company's financial and operating performance for the...
Pakistan among top 5 countries in infrastructure investment worldwide
ISLAMABAD: Pakistan has become one of top five countries across the globe in Private Infrastructure Investment (PPI) during the year 2017 as...
USAID launches ‘Challenge Fund’ to support local SMEs, entrepreneurs
ISLAMABAD: The United States Agency for International Development (USAID) has launched the Challenge Fund in order to support the growth of small...
Regulatory reforms push modaraba assets to Rs 41 billion
The present reforms and strengthening of regulatory framework by the Securities and Exchange Commission of Pakistan (SECP) have pushed up the modaraba...
Volkswagen gears up to launch two new vehicles in Pakistan
Volkswagen Commercial Vehicles is in its final round of talks with Premier Systems Private Limited – the authorised importer of Audi vehicles...