IESCO billing fraud irks Senate body

ISLAMABAD: The Senate's Standing Committee on Power has expressed serious annoyance over heavy billing fraud in the Islamabad Electric Supply Company (IESCO). The Senate...

Bookings for Kia Picanto from next week

After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its...

Govt committed to realising CPEC potential: minister

ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar has said that the China-Pakistan Economic Corridor was a project of great national significance, which would...

LUMS conducts seminar on battery electric vehicles

The Lahore University of Management Sciences recently organized a seminar for the stakeholders of battery electric vehicles (BEVs). The seminar, held at the...

AEDB reviews renewable energy policy draft

ISLAMABAD: The 45th board meeting of the Alternative Energy Development Board (AEDB) was held in Islamabad on Friday under the chairmanship of Power...

Swvl expands its app-based bus hailing service to Rawalpindi, Islamabad

Weeks after launching its service in Lahore, Swvl, the Dubai-headquartered bus-hailing pioneer, is expanding its service to Islamabad and Rawalpindi. Swvl will be...

Pakistan must mobilise tax revenue to ensure development: IMF

International Monetary Fund (IMF) spokesperson Gerry Rice has said that Pakistan needs to mobilise domestic tax revenue to fund the "much needed"...

‘Pakistan faced with unprecedented economic difficulties’

KARACHI: President Dr Arif Alvi has said that the country's economy was going through historic difficulties as the incumbent government only inherited...

Stocks shed 65 points in range-bound trading

KARACHI: Unable to carry forward the winning momentum, the Pakistan Stock Exchange (PSX) ended the last session of the week in the red...

SBP reserves jump $182m to stand at $8.46bn

The foreign exchange reserves held by the State Bank of Pakistan increased 2.2pc on a weekly basis, according to data released by...

US flags Huawei 5G network security concerns to Gulf allies

DUBAI: The United States has raised its concerns with Gulf allies over a possible security risk in using Huawei’s technology for their 5G...

Car sales plunge 42pc in August

Pakistan's auto industry sold 10,222 units in the second month of the fiscal year 2019-20 (FY20), down 42pc on a yearly basis,...

SECP registered 1,187 companies in August

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) had registered 1,187 new companies in August 2019, out of which 94pc companies were...

‘Pakistan desires to make Ethiopia a gateway to African exports’

PM's adviser says commerce ministry will soon open a commercial section in Pakistan's Embassy in Addis Ababa Ethiopian minister says his...

USF, Jazz to bridge digital divide in South Waziristan

Continuing its partnership with Jazz to develop cellular access in underserved regions, the Universal Service Fund (USF) has awarded a new contract...