PTCL’s failure to deliver Smart TV set-top boxes irks customers

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) had heavily advertised its Smart TV service towards the end of the last month (September). This was a...

Japan committed to developing Pakistan’s agro-industry: envoy

ISLAMABAD: Pakistan and Japan are looking to increase bilateral cooperation in the agricultural-based industry and value addition, as the latter has already announced...

KSE-100 ends flat amid volatility

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday, as bulls and bears locked horns, particularly in the...

SBP governor says economic reforms ‘painful but necessary’

KARACHI: The reforms undertaken by the government to address the macroeconomic challenges faced by the economy are now beginning to bear fruit and...

ADB to provide $2.7bn to Pakistan in 2019

KARACHI: The Asian Development Bank (ADB) on Wednesday announced that it will provide $2.7 billion in approved financing to Pakistan during the outgoing...

Pakistan falls to 110 in global competitiveness ranking

Pakistan's ranking on the influential Global Competitiveness Index of the World Economic Forum (WEF) has slipped by three spots to 110, out...

Spooked by Libra, EU pledges to regulate digital currencies

BRUSSELS: France and Germany have said that Libra, whose size would dwarf cryptocurrencies such as bitcoin, could limit their monetary sovereignty. “Europe needs a...

Govt mulls manufacturing of mobile phone devices in Pakistan

ISLAMABAD: In a positive development, the government has decided to facilitate the assembly and manufacturing of cellphones in the country. According to the Engineering...

PTI official requests PM to replace NBP regional head

ISLAMABAD: An office-bearer of the Pakistan Tehreek-e-Insaf (PTI) has requested the prime minister to replace the head of National Bank of Pakistan's...

‘Consumers to get cheap, uninterrupted electricity during winter’

ISLAMABAD: Power consumers, including domestic and industrial, will be provided uninterrupted and cheap electricity during the upcoming winter season and a scheme...

Are Daraz pick-up points a good business strategy?

One of the biggest challenges faced by the e-commerce industry is fulfilment. That is making timely deliveries. But what if a customer...

Govt accumulates record debt of Rs7.5tr in one year

The Pakistan Tehreek-e-Insaaf (PTI) government, in its first year, has accumulated a record public debt of Rs7,509 billion, according to official documents...

Sterling tumbles after reports of Brexit talks close to breakdown

LONDON: Sterling hit a one-month low against the euro on Tuesday after reports that Brexit talks between Britain and the European Union are...

Strong smartphone sales raise hopes of Samsung turnaround

SEOUL: Strong sales of Samsung Electronics’ Galaxy Note 10 smartphone series are limiting forecast profit falls at the South Korean tech giant, raising...

Nestlé inaugurates $22m manufacturing plant in Sheikhupura

Punjab Governor Chaudhry Mohammad Sarwar inaugurated a state-of-the-art manufacturing plant at Nestlé Pakistan's Sheikhupura Factory. The production capacity of the Nestlé Fruita Vitals...