Omar Ayub defends power tariff hike, slams PML-N for flawed policies

ISLAMABAD: Power Minister Omar Ayub Khan said on Thursday that the recent hike in power tariff would have no bearing on 75...

Oil extends losses to near two-month low as economic gloom weighs

NEW YORK: Oil fell more than 1pc on Thursday, extending the week's losses as markets were pressured by concerns about weakening global...

Egypt, Pakistan agree to enhance agricultural ties

ISLAMABAD: An Egyptian trade delegation, led by Ambassador Ahmed Fadel Yacoub, called on National Food Security & Research Minister Sahibzada Muhammad Mehboob Sultan...

‘CPEC energy projects to generate 11,000MW power by 2026’

ISLAMABAD: Khyber Pakhtunkhwa Board of Investment Chief Executive Hassan Dawood Bhat said on Thursday that electricity generation through China Pakistan Economic Corridor...

ECC okays power tariff hike of Rs0.30 per unit

The Economic Coordination Committee (ECC), in its meeting held under the chair of Adviser to Prime Minister on Finance and Revenue Dr...

Jazz refutes AGP’s report, says Warid merger legal

ISLAMABAD: Pakistan Mobile Communications Limited (Jazz), in its clarification regarding the Auditor General of Pakistan's report that questioned the merger of Warid...

Samsung ends mobile phone production in China

SEOUL: Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic...

KE signs $50m loan agreement with SC to upgrade power infrastructure

K-Electric has signed $50 million loan agreements with Standard Chartered which is supported by GuarantCo to undertake upgradation of power infrastructure including...

Cabinet finally approves Pakistan’s first e-Commerce Policy Framework

Registration with SECP mandatory for online businesses having sales of more than Rs1 million per annum It is compulsory for all...

‘Malaysia to supply palm byproducts to Pakistan at affordable rates’

Malaysian Consul General Khairul Nazran Abd Rahman has pledged to supply all palm byproducts to Pakistan at reasonable prices. He was addressing the...

Plastic exports dip 8.11pc to $51m

ISLAMABAD: The export of plastic materials from the country during the first two months of the current financial year (2019-20) witnessed a decline...

OPEC oil output sinks to lowest since 2011 after Saudi attacks: survey

LONDON: OPEC oil output has fallen to an eight-year low in September after attacks on Saudi oil plants cut production, deepening the...

Petroleum prices remain unchanged for October

The government has decided to maintain the prices of petroleum products at the current level to offset expected increase in the prices...

‘Ceramics unit in Bhalwal Industrial Estate to be operational by March 2020’

The first foreign ceramics factory has started the construction of its one-of-a-kind ceramics unit with an investment of $70 million in Bhalwal...

Mango exports surge 42pc in 2019: official

KARACHI: The export of mango during the current season has increased by 42pc when compared with the last year, said Pakistan Horticulture...