China will further prioritise stabilising growth: premier Li

BEIJING: China's Premier Li Keqiang said the country will further prioritize stabilizing growth, according to state media on Thursday citing a meeting he...

Byco, Bank Alfalah join hands to digitise fuel payments

KARACHI: Byco Petroleum Pakistan Limited has partnered with Bank Alfalah to launch digital payments across Byco's nationwide network of retail outlets. As per a...

Hafeez Shaikh stresses need for public-private partnerships

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Abdul Hafeez Shaikh said on Thursday that joint ventures with the private sector were...

PIA, Etihad Airways renew codeshare agreement

Pakistan International Airlines (PIA) and Etihad Airways have renewed their codeshare agreement, allowing passengers access to each airline route. According to a PIA...

SBP reserves up $40m to $8.4bn

The foreign exchange reserves held by the central bank increased 0.5pc on a weekly basis, according to data released by the State...

Pakistan to export 300 tonnes of onions to Bangladesh

ISLAMABAD: Pakistan will export 300 tonnes of onions to Bangladesh after nearly 30 years of hiatus. According to officials of the Trade Development...

NEPRA likely to burden power consumers with additional Rs17bn

ISLAMABAD: The power distribution companies (DISCOs) have requested the National Electric Power Regulatory Authority (NEPRA) to pass on approximately Rs17.2 billion to...

Pakistanis should expect substantial decrease in salaries in 2020

The people of Pakistan are the only nation in the Asia-Pacific who will record a substantial decrease in salaries made next year...

Govt on course for timely completion of industrial zones, NA told

ISLAMABAD: Parliamentary Secretary for Textile Aliya Hamza Malik told the National Assembly on Thursday that the government has expedited its work on industrial...

US weekly jobless claims rise to five-month high

WASHINGTON: The number of Americans filing applications for unemployment benefits rose to a five-month high last week, but this likely does not...

KSE-100 closes in green amid range-bound trading

KARACHI: The Pakistan Stock Exchange (PSX) ended a range-bound session on Thursday slightly positive. Foreign investors closed as net buyers for the sixth...

President urges Shell to invest in renewable resources

ISLAMABAD: President Dr Arif Alvi on Thursday urged Royal Dutch Shell to invest in renewable resource of energy since the company has...

China says holding ‘in-depth’ talks with US on interim trade deal

BEIJING: China and the United States are holding "in-depth" discussions on a first phase trade agreement, and cancelling tariffs is an important...

Oil falls as US-China trade deal prospects dim

SINGAPORE/LONDON: Oil prices fell on Wednesday as prospects for a trade deal between the United States and China faded, weighing on the outlook...

ECC approves increase in wheat support price by Rs50 per 40kg

--Committee approves comprehensive four-year Circular Debt Capping Plan --ECC constitutes committee to ensure provision of facilities in special economic zones ISLAMABAD: The Economic Coordination...