China Silk Road Group takes keen interest in PM’s housing project

The company offers to set up a plant for pre-fabricated housing structures in Pakistan ISLAMABAD: China Silk Road Group has expressed a keen...

CDWP recommends three projects worth Rs209bn to ECNEC

Projects include Rs45.9bn transmission line between Pakistan and Tajikistan, Rs85.9bn Balakot Hydropower Project and Rs77bn Karachi BRT Project ISLAMABAD: The Central Development Working...

PSX turns green as investors remain upbeat on IMF package

KARACHI: Optimistic sentiments continued to surround the Pakistan Stock Exchange (PSX) on the first trading session of the week, as the indices, after...

FATF asks Pakistan to document, regulate gold markets

The Financial Action Task Force (FATF) has asked Pakistan to track, document, and regulate all gold markets in a bid to crackdown...

Locally-assembled Changan vehicles to roll out in April

Master Motors CEO says the company has built a manufacturing plant in Karachi with a production capacity of 30,000 vehicles per...

Facebook spends $22.6m to keep Mark Zuckerberg safe

Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg’s security in 2018 to $22.6 million, a...

ZTBL fails to publish financial statements for two straight years

ISLAMABAD: The federal government's policy to appoint foreign professionals on important positions is not yielding the desired results, as officials seem reluctant to...

Economic growth not possible without political stability: minister

– Sh Rashid says the govt had no other option but to approach IMF for assistance – KCCI official says the business community...

Pakistan’s rapid urbanisation can support economy: WB report

There remains scope for improvement with respect to the inclusiveness of digitally-driven growth WASHINGTON: A new World Bank report says Pakistan's rapid urbanization...

Saudi Aramco team in Pakistan for talks on LNG deals

ISLAMABAD: A delegation from the world’s largest crude oil producer, Saudi Aramco, is in Pakistan for discussions on what would be its first-ever...

US import prices rise for third month

WASHINGTON: US import prices increased for a third straight month in March, driven by higher fuel prices, but the underlying trend remained soft. The...

Minister admits to slashing of CPEC funds

Planning minister says Rs24bn were diverted to uplift projects from several heads, including CPEC ISLAMABAD: Planning Minister Khusro Bakhtiyar on Friday admitted to...

Illegal jetties causing annual loss of Rs5bn to national exchequer

'Owing to lack of surveillance, these jetties are being used for smuggling of goods, fishes, fuel and even drugs to and...

Pak Suzuki launches all-new Alto 660cc

As per estimates, the starting price of Suzuki Alto 2019 variants will be around Rs0.96m and it may go up till Rs1.2m Pak Suzuki...

Alibaba founder defends overtime work culture as ‘huge blessing’

'If you don't work 996 when you are young, when can you ever work 996?' SHANGHAI: Alibaba Group founder and billionaire Jack...