Transport corridor projects to create economic surplus: WB report

ISLAMABAD: A report launched by the World Bank Group (WB) here on Thursday revealed that investment in transport corridors is expected to...

SHC seeks govt, OGRA reply in petroleum price hike case

KARACHI: The Sindh High Court (SHC) on Monday has sought comments from the Ministry of Petroleum, and the Oil and Gas Regulatory Authority...

Automotive sector down 7.1pc, while cements lacked 6.1pc in February

LAHORE: Investors at the Pakistan Stock Exchange (PSX) had a mixed month of February. Political uncertainties mostly led investor confidence amongst a severe...

Courier companies denounce proposed logistics regulation bill

KARACHI: The bill passed by the National Assembly and titled as ‘Pakistan Courier and Logistics Regulatory Authority Act 2017’ is under the...

Gwadar and Chabahar different since inception: Manish Tewari

WASHINGTON: Former Union Minister of State in India, Manish Tewari has made comparisons between Gwadar port in Pakistan and Chabahar port in...

Vespa makes a comeback, Ravi unveils Primavera

LAHORE: Italian Ambassador in Pakistan Stefano Pontecorvo along with Ravi Group director unveiled the new Vespa Primavera scooter at the launching ceremony...

Pakistan’s largest automobile expo kicks off in Lahore

LAHORE: National Assembly Member Shaista Pervaiz Malik and Italian Ambassador in Pakistan Stefano Pontecorvo inaugurated the Pakistan Auto Show 2018 at the...

PIA earns new standard ISO 9001-2915

KARACHI: Pakistan International Airlines (PIA) has earned another 'First' in the region to make a transition to the new standard ISO 9001:2015...

IMC sources 126 million local Auto parts every day

ISLAMABAD: “Indus Motor Company (IMC) sources 126 million local parts every working day and if you touch the Corolla, there is a 90%...

Bosnian Ambassador urges business community to explore opportunities in Bosnia

KARACHI: The Ambassador of Bosnia and Herzegovina Sakib Foric has urged the business and industrial community of Karachi to explore investment opportunities in Bosnia...

Uber and Law Enforcement Agencies unite to promote road safety 

KARACHI: Uber, the leading global smartphone app seamlessly connecting riders to drivers in Pakistan’s seven cities, held a Driver Safety Workshop in collaboration...

Ride-hailing services adding to traffic congestion, clogging streets

BOSTON: One promise of ride-hailing companies like Uber and Lyft was fewer cars clogging city streets. But studies suggest the opposite: that...

Careem acquires Middle East online restaurant listing platform, to trial food delivery

DUBAI: Careem, a Middle East competitor to Uber Technologies, said on Sunday it had acquired RoundMenu and would start trialling food delivery services...

Uber planning to sell South-East Asia operations to Singapore’s Grab

SAN FRANCISCO: Uber Technologies is preparing to sell its Southeast Asia ride-hailing business to Singapore-based Grab in return for a substantial stake...

Uber losses decrease to $1.1 billion in fourth quarter

SAN FRANCISCO: Uber Technologies Inc narrowed its fourth-quarter loss to $1.1 billion from a loss of $1.46 billion in the previous quarter,...