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...

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...

$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...

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...

Prince to launch new 800cc car

The car is expected to be priced around Rs0.7 to Rs0.75 million Regal Automobiles Industries Limited is ready to shake the local...

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...

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...

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

Sarmaya-e-Pakistan, holding company for state owned enterprises incorporated: Asad

LAHORE: Finance Minister Asad Umar says Sarmaya-e-Pakistan, the holding company for state-owned enterprises, has been incorporated. In a tweet, he said turning around...

Pakistan to request Saudi Arabia for commencement of dialogue on PTA

According to official sources, the PTA will envelop tariff and non-tariff barriers (NTBs) which will aid Pakistan in diversifying its export portfolio to Saudi Arabia

SBP to cease issuance of Rs40,000 prize bonds from 15th Feb

The decision was taken to appease global watchdogs, who had doubts about the investment of black money via these bonds