Jazz refutes AGP’s report, says Warid merger legal

ISLAMABAD: Pakistan Mobile Communications Limited (Jazz), in its clarification regarding the Auditor General of Pakistan's report that questioned the merger of Warid...

Samsung ends mobile phone production in China

SEOUL: Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic...

CDWP approves two projects worth Rs3.9bn

ISLAMABAD: The Central Development Working Party (CDWP) on Wednesday approved two projects worth Rs3.9 billion. The CDWP met with Planning Commission Deputy Chairman...

Stocks gain 109 points in volatile ride

KARACHI: After a rocky start to the trading session, the Pakistan Stock Exchange (PSX) managed to land in the green zone on...

Middle East becomes top importer of Pakistani mangoes 

ISLAMABAD: The Middle Eastern region remained the top export destination for Pakistani mangoes, accounting for over 70pc of the share of total...

‘Hard work pays off’, says SBP governor on reduced CAD

KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Tuesday that the actions taken by the economic team of the...

Cabinet finally approves Pakistan’s first e-Commerce Policy Framework

Registration with SECP mandatory for online businesses having sales of more than Rs1 million per annum It is compulsory for all...

WTO slashes forecast for trade growth as conflicts mount

BRUSSELS/BERLIN: The World Trade Organisation cut its forecast for growth in global trade this year by more than half on Tuesday and...

‘Malaysia to supply palm byproducts to Pakistan at affordable rates’

Malaysian Consul General Khairul Nazran Abd Rahman has pledged to supply all palm byproducts to Pakistan at reasonable prices. He was addressing the...

Plastic exports dip 8.11pc to $51m

ISLAMABAD: The export of plastic materials from the country during the first two months of the current financial year (2019-20) witnessed a decline...

NAB summons top businessman in LNG terminal case

ISLAMABAD: The National Accountability Bureau (NAB) has summoned Chairman of a leading business conglomerate, seeking to record his statement in a case pertaining...

OPEC oil output sinks to lowest since 2011 after Saudi attacks: survey

LONDON: OPEC oil output has fallen to an eight-year low in September after attacks on Saudi oil plants cut production, deepening the...

Stocks gain 175 points amid high turnover

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a positive start to the month, with the KSE-100 Index closing the session on Tuesday...

PM calls for removal of impediments to industrial growth

Prime Minister Imran Khan on Monday chaired a meeting of his economic team, wherein he was briefed on the outcomes of the...

German assistance in Pakistan’s development lauded

ISLAMABAD: Ambassador of Germany to Pakistan Bernhard Stephan Schlagheck paid a courtesy call on Economic Affairs Minister Muhammad Hammad Azhar on Monday. Both sides...