Zong becomes first telco to conduct successful 5G trials in Pakistan

China Mobile Pakistan (CMPak), popularly known as Zong, has successfully conducted 5G trials in Pakistan, a press release issued by the company...

World Bank president to visit Pakistan in November

ISLAMABAD: World Bank Country Director Patchamuthu Illangovan on Thursday informed Adviser to Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh that...

PM urges Chinese company to set up waste-to-energy plant in Pakistan

ISLAMABAD: Prime Minister Imran Khan has reiterated his commitment to providing all possible facilities to the investors in undertaking profitable business ventures in...

Bulls continue to rule PSX; index gains another 911 points

KARACHI: The Pakistan Stock Exchange (PSX) managed to attract investors once again on Thursday after three consecutive positive sessions. The indices witnessed a good...

‘Govt committed to reducing business regulations’

ISLAMABAD: World Bank Country (Pakistan) Director Patchamuthu Illangovan called on Adviser to Prime Minister on Commerce Abdul Razak Dawood to deliberate on...

‘Govt committed to reducing business regulations’

ISLAMABAD: World Bank Country (Pakistan) Director Patchamuthu Illangovan called on Adviser to Prime Minister on Commerce Abdul Razak Dawood to deliberate on...

Bank AL Habib declares pre-tax profit of Rs8.55bn

The Board of Directors of Bank AL Habib Limited announced the financial results for the half-year ended June 30, 2019. The bank...

IPO-Pakistan vows ‘relentless drive’ against counterfeiting, piracy

ISLAMABAD: In a drive against counterfeiting and piracy, Intellectual Property Organization (IPO-Pakistan), in collaboration with the law enforcement agencies, would act against those...

IHC directs telcos to submit Rs36bn for licence renewal

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday directed two mobile companies, Mobilink and Telenor, to submit Rs36 billion ($224 million) each within...

Govt to operationalise special economic zones soon

ISLAMABAD: The federal government, in coordination with the provinces, would soon operationalise special economic zones and export processing zones across the country to...

POL production dips 8.3pc in FY19

ISLAMABAD: The overall production of petroleum commodities witnessed a decrease of 8.35pc during the fiscal year 2018-19, as compared to the corresponding period...

IMF to Trump: It’s not working

WASHINGTON: US tariffs on China won't fix the trade deficit, and neither will weakening the US dollar through interest rate cuts, International Monetary...

HBL becomes first bank to offer credit cards through mobile app

HBL has now become the first bank in Pakistan to offer credit cards through its mobile app. According to details shared by the...

Agri credit outreach grows 8pc to 4m farmers

ISLAMABAD: The agricultural credit outreach in the country during the financial year 2018-19 (FY19) recorded a growth of about 8pc, as 4.01...

Current account deficit shrinks 73pc in July

Following the government's agreement with the International Monetary Fund (IMF) on implementing tough measures for a bailout of $6 billion, Pakistan's current...