Jazz becomes second telecom operator to test 5G in Pakistan
ISLAMABAD: Telecom operator Jazz tested out the fifth-generation (5G) of mobile technology at its digital headquarters in Islamabad, where average download speeds of...
KSE-100 plunges over 1,000 points as geopolitical tensions rise
KARACHI: In line with the trends in world markets, the Pakistan Stock Exchange (PSX) nosedived on Monday, as the benchmark KSE-100 Index slipped...
Senate refers GI Bill, 2020 to standing committee for further deliberation
--Once passed, Pakistan-origin products will be branded accordingly, valued highly in the global market
ISLAMABAD: The upper house of the Parliament has referred...
Digital Pakistan: Easier said than done
By Basil Dogra
In early December of 2019, PM Imran Khan launched the “Digital Pakistan Vision” with the aim of “unleashing the full...
Sales tax on imported cotton raised to 10pc
ISLAMABAD: The Federal Board of Revenue (FBR), against the decision of the Economic Coordination Committee (ECC), has increased the sales tax on imported...
‘Revenue collection surges 16.3pc to Rs2.08tr’
ISLAMABAD: The Federal Board of Revenue (FBR) has said that tax collection in the first six months stood at Rs2,083 billion, which was...
PM inaugurates Huawei ICT Lab at NAMAL
Prime Minister Imran Khan on Saturday inaugurated Huawei ICT Lab at NAMAL University, Mianwali, where he was briefed about the state-of-the-art information...
New tax ordinance may threaten fertiliser supply
LAHORE: Stakeholders in the fertiliser industry have expressed their fears that the recent tax ordinance passed by the federal government on 26th December...
Weekly inflation increases 0.74pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on January 2 increased by 0.74pc as compared to the...
Shah Maqsood-Abbottabad section of Hazara Motorway opens for public
ABBOTTABAD: The Shah Maqsood-Abbottabad section of Hazara Motorway was opened for public on Saturday.
According to details, Hazara Motorway section–I was initially opened...
AdTech startup Screen-IT raises $250,000 in seed funding
LAHORE: Digital advertising startup Screen-IT raised $250,000 in seed funding from Germany-based Coeus Solutions.
Screen-IT CEO Hamza Malik told Profit that Coeus Solutions...
Dual nationals shortlisted for SNGPL MD’s position
ISLAMABAD: The Petroleum Division has recommended the names of two dual nationals for the important position of managing director/chief executive officer of...
FBR’s Benami Authority barred from taking action against Arif Habib Ltd
ISLAMABAD: The Sindh High Court (SHC) on Friday barred the Benami Transaction Adjudicating Authority of the Federal Board of Revenue (FBR) from...
Uber’s acquisition of Careem closes; CCP yet to approve it for Pakistan
ISLAMABAD: San Francisco based ride-hailing company Uber on Friday confirmed the official close of the previously announced acquisition of Middle Eastern company...
Musk defies skeptics, meets Tesla delivery goal; shares hit record
Tesla Inc beat Wall Street estimates for annual vehicle deliveries and met the low-end of its own target, sending shares to a...