Japan to tighten screws on tech giants to ensure transparency
TOKYO: Japan will tighten regulations to prevent technology giants including Facebook Inc and Google from abusing their market power and having unfair advantage...
‘Rs7.25bn allocated for electrification of erstwhile FATA’
Minister says Power Division has developed a ‘Project Management Software’ to keep a record of all projects in erstwhile FATA
US finalising rules to limit sensitive tech exports to China, others
WASHINGTON: The Trump administration is finalising a set of narrow rules to limit exports of sophisticated technology to adversaries like China, a...
KSE-100 lands in green after volatile session
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Tuesday, as the benchmark KSE-100 Index experienced a high jump and...
OGRA approves up to 191pc increase in gas prices
ISLAMABAD: In order to meet the revenue shortfall of the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited...
SBP governor says good times ahead as tough decisions bearing fruit
State Bank of Pakistan Governor Reza Baqir has said that “the tough part” regarding fluctuations in the exchange rate and inflation adjustments...
OGDCL begins shale gas drilling operations
The Oil and Gas Development Company Limited (OGDCL) recently commenced drilling operations for first Shale Gas Well, KUC-1, in Hyderabad, Sindh.
OGDCL has...
Deadline to file income tax returns extended till 31st
ISLAMABAD: In order to facilitate the taxpayers, the Federal Board of Revenue (FBR) has extended the deadline to file income tax returns...
Finance adviser can’t chair NFC meeting, clarifies law ministry
MoF may now consult all four governors to make Dr Hafeez Shaikh an NFC member
PFMA slapped with Rs75m fine for ‘manipulating flour prices’
ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed Rs75 million fine on the Pakistan Flour Mills Association (PFMA) for being involved in...
Oil prices near three-month highs on US-China trade deal
LONDON: Oil prices on Monday held near three-month highs, supported by last week’s announcement that an initial trade deal had been reached between...
Carrefour Pakistan enters into strategic partnership with Daraz
The alliance will enable Daraz’s online shoppers to shop from over 3,000 products offered by Majid Al Futtaim’s Carrefour stores
WB to provide $700m additional financing for Dasu Hydropower Project
The World Bank will provide $700 million additional financing for Dasu Hydropower Project’s transmission line, a private media outlet reported on Monday.
World...
Bulls maintain control as KSE-100 gains 728 points
KARACHI: Bulls controlled the Pakistan Stock Exchange (PSX) on the first trading session of the week, as the indices headed north right from...
Foreign investment in Pakistan debt markets should be seen positively: SBP
KARACHI: The increase in investment by foreign investors in debt instruments is an encouraging sign for the Pakistani economy, the State Bank of...