ADB, Pakistan sign $75m loan agreement to upgrade Mardan-Swabi Road

The Asian Development Bank (ADB) and the Government of Pakistan have signed a loan agreement for $75 million to widen and upgrade 42 kilometers...

Money launderers deserve no concession, maintains PM

–PM reviews steps to counter money laundering, financial corruption–Six banks fined Rs 247m over fake bank accounts: SBP–Foreign remittances up by 12.5pc after govt incentives, PM...

SNGPL launches crackdown against gas theft

Sui Northern Gas Pipeline Limited has launched a crackdown against gas theft. In this connection, a press conference was organised at SNGPL Head Office...

Pakistan’s biggest state run retail chain inching towards privatisation

ISLAMABAD: Pakistan's biggest state-run retail chain, Utility Stores Corporation (USC)- which is currently facing a decrease in sales, closure of large number outlets and layoffs...

Huawei breaks price ceiling with $2,600 folding 5G smartphone

BARCELONA: Huawei Technologies unveiled a $2,600 folding smartphone on Sunday which it said was primed for next generation 5G mobile connections, even as the...

$1bn Chinese investment in social sector expected to be announced

ISLAMABAD: A team of Chinese experts is scheduled to visit Pakistan this week which is expected to announce and investment of over $1 billion in...

Samsung announces folding phone with 5G at nearly $2,000

All of the Galaxy series of rigid phones except the 5G will be available from March 8, with the S10+ priced from $1,000, the S10 priced from $900 and the smaller S10e from $750.

Pakistan’s fiscal deficit soars to 1.03tr in six months 

Govt struggles to restrict the budget deficit despite introducing two mini-budgets in last six months Country’s expenditures stood at Rs3.36tr (8.7pc of the...

Prince to launch new 800cc car

The car is expected to be priced around Rs0.7 to Rs0.75 millionRegal Automobiles Industries Limited is ready to shake the local auto market...

Manshas dominate highest taxpayers’ list for 2018

Prime Minister Imran Khan on Wednesday recognised Mian Hassan Mansha, Mian Umer Mansha and Mian Raza Mansha, sons of leading businessman Mian Muhammad Mansha,...

NEPRA approves Rs1.8 per unit power tariff hike

The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs1.80 per unit in the tariff for all power distribution companies for...

Pakistan’s top executives, govt, discuss growth, investment & technology

Top executives from local and international private organisations as well as senior representatives from the government joined in the discussions

Global e-commerce sales will skyrocket to $3 trillion by 2022: Fitch Solutions

China is the largest e-commerce market globally with total e-commerce sales forecast at $834 billion in 2019 and projected to further rise to $1.24 trillion by 2022

China to extend $3.5 billion in grant and loans: Report

Officials revealed Beijing has also pledged to an additional $1 billion for health, education, drinking water, vocational training and poverty alleviation projects over the next three years

New aviation policy to be forwarded for approval to federal cabinet next month

The aviation secretary said the new policy would provide more facilities and procedures would be eased to attract more airlines to Pakistan

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Britain’s deficit hits 17-year low

LONDON: Britain's deficit improved last year to reach its lowest level for 17 years on bumper tax revenues and lingering state austerity, official data showed...