Apple moves Mac Pro production to China from US
Apple Inc is shifting manufacturing of its new Mac Pro desktop computer to China from the United States, the Wall Street Journal...
OGRA recommends Rs0.77 per litre decrease in petrol price
The Oil and Gas Regulatory Authority (OGRA) on Friday recommended a decrease in the prices of petroleum products and forwarded a summary...
PTA expects people to pay 1,000pc duty on imported phones
ISLAMABAD:Â The Pakistan Telecommunication Authority's (PTA) website must be malfunctioning. Because if it is not then the policymakers on top have actually thought...
Budget 2019-20 will prove disastrous for middle-income groups: moot
Former BOI chief Haroon Sharif says budget is a clear reflection of Pakistan's policy priorities, devoid of a medium or long-term...
Gold imports drop 38.5pc in 11 months
ISLAMABAD:Â The import of gold into the country dipped by 38.56pc during the first eleven months of the current fiscal year (2018-19) as...
KSE-100 shrugs off early losses to close in green
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed volatility on Friday, as the indices that started the day in the red zone made a...
Dollar drops to Rs160 in interbank market
The dollar on Thursday dropped Rs4.05 in the interbank market and closed the session at Rs160.
The drop comes a day after the...
Cement exports surge 25pc in 11 months
ISLAMABAD:Â The exports of cement from the country witnessed an increase of 25.97pc during the first eleven months of the ongoing fiscal year,...
Avanceon awarded multimillion-dollar contract in GCC
Avanceon has been awarded a contract for the provision of a state-of-the-art SCADA and business intelligence-based Decision Support System (DSS) to a...
Chinese envoy calls for ‘subsidising polices’ to attract investors at SEZs
ISLAMABAD: Chinese Deputy Chief of Missions Zhao Lijian on Thursday called for introducing "subsidising policies" to attract the investors at special economic...
Senate body recommends tax exemption for utility stores
ISLAMABAD:Â The Senate's Functional Committee on Problems of Less Developed Areas in its meeting on Thursday recommended that the Utility Stores Corporation (USC)...
PKR plunges to Rs164.06 against US dollar
Pakistani Rupee (PKR) continued with its declining trend on Thursday, as it depreciated by another Rs1.9 against the US Dollar (USD) in...
Fitch revises down Pakistan’s GDP growth forecast to 2.7pc for FY20
'Higher taxes will erode the purchasing power which in turn will slow down consumption growth to 5.3pc'
'Business sentiment will likely...
Exports surge 22.9pc to Rs2.86tr in 11 months
ISLAMABAD:Â Exports from Pakistan, in terms of rupees, increased by 22.92 per cent during July-May 2018-2019, compared with the corresponding period of last...
PSX closes fourth consecutive session in red
KARACHI:Â The Pakistan Stock Exchange (PSX) continued with its losing streak for the fourth consecutive session on Thursday, as the indices that opened...