FATF pressure leads banks to educate customers on AML/CTF
One of the leading commercial banks in Pakistan, Habib Metropolitan Bank has recently been conducting customer awareness sessions on money laundering and...
Govt finally allows used car importers to pay partial duties in rupees
ISLAMABAD:Â The federal government has permitted importers of used cars to pay partial duties in Pakistani currency to release their vehicles stuck at...
December inflation clocks in at 12.63pcÂ
ISLAMABAD:Â Inflation rose to 12.63 per cent on a year-on-year basis in December 2019, as compared to the same month of last year,...
NEPRA notifies Rs1.56 per unit hike in power tariff
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA) has notified Rs1.56 per unit hike in power tariff, which would be charged from the...
Daraz to become entertainment platform in 2020
Ecommerce site Daraz recently announced that its mission was to establish itself as an entertainment platform in 2020.
Daraz Express (DEX) – the...
CDWP approves eight projects worth Rs13bn
ISLAMABAD: The Central Development Working Party (CDWP) on Wednesday approved eight projects worth Rs13 billion and recommended five others worth Rs112.20 billion...
GCC countries remain top destination for Pakistani workers in 2019
Over half a million Pakistani workers proceeded to the GCC countries in 2019, constituting some 95pc of the total outgoing manpower
PSX welcomes New Year with upward trend, index gains 664 points
KARACHI: Pakistan Stock Exchange (PSX) started the new year on a positive note, as the indices drove north right from the word...
Long delays and poor service as customers activate new Chip ATM cards
KARACHI: December 31st, 2019, was the last day for banks across Pakistan to switch from magnetic strip cards to Europay Mastercard Visa...
PSX witnesses bearish trend, closes at 40,735 points
ISLAMABAD: The KSE-100 index during 4Q 2019 recorded growth of 8,656 points, up by 27 per cent; which is the highest quarterly...
CCI decides to allow provinces to implement ‘uniform standards’
--PSQCA assigned with registration of products and setting new standards
ISLAMABAD: After a long fight between the Center and provinces over establishing a...
Huawei gets India nod to participate in 5G trials
The Indian government has allowed Chinese telecom company Huawei Technologies Co to participate in trials for 5G networks, a company spokesman said...
KSE-100 falls flat amid volatility
KARACHI:Â The Pakistan Stock Exchange (PSX) started the first session of the week on a positive note but failed to sustain the gains...
Saudi Arabia may cut light crude prices to Asia in February
SINGAPORE:Â Saudi Arabia, the world's biggest oil exporter, may cut the prices of its light crude grades sold to Asia in February on...
Recession, robots and rockets: another roaring 20s for world markets?
LONDON: Helicopter cash, climate crises, smart cities and the space economy — investors have all those possibilities ahead as they enter the third...