‘Boris the betrayer’ has swindled us over Brexit, England’s fishermen say
NEWLYN: For England’s fishermen, Prime Minister Boris Johnson’s Brexit trade deal is a betrayal because it allows some European Union boats continued access to...
Honda to stop auto sales in Russia in 2022
MOSCOW: The Russian subsidiary of Japan’s Honda Motor Co said on Wednesday it would stop supplying new cars to official dealers in Russia in...
Bitcoin jumps to record $28,600 as 2020 rally reaches new heights
LONDON: Bitcoin on Wednesday jumped to a record $28,599.99, after the digital currency almost quadrupled in value this year amid heightened interest from bigger...
30 Pakistani companies win Global Diversity & Inclusion Benchmarks Awards 2020
ISLAMABAD: A total of 30 renowned Pakistani companies and financial organisations including banks and microfinance institutions have won the prestigious Global Diversity and Inclusion...
FBR to keep track of property dealing transactions worth Rs2m, above
The Federal Board of Revenue (FBR) has said that every cash transaction worth Rs2 million or above for the purpose of sale or purchase...
Punjab govt to engage local IT companies for software development
LAHORE: Punjab Information Technology Board (PITB) Chairman Azfar Manzoor on Wednesday initiated the 'Partners in Development' programme, aimed at supporting the local software industry...
SAPM Babar rejects Sindh CM’s claim of gas shortage
ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Petroleum Nadeem Babar has said the Sindh government is trying to give political colour to...
CDWP refers K-IV project to ECNEC
ISLAMABAD: The Central Development Working Party (CDWP) has referred the Greater Karachi Water Supply Scheme (K-IV) worth Rs25.5 billion to the Executive Committee of...
Pakistani digital lending Fintech Finja closes $9m in $10m Series A1 round
LAHORE: Finja, Pakistan’s leading digital lending platform, announced today that it has closed $9 Million of a $10 Million Series A1 financing round.
This latest...
‘LNG spot cargoes purchased at $6.84’
ISLAMABAD: The Petroleum Division on Tuesday said that all spot cargoes purchased by Pakistan averaged $6.84 delivered ex ship (DES), while the cargoes received...
Govt mulling extension of construction amnesty scheme
The government is considering giving a three to six months extension in Prime Minister (PM) Imran Khan’s tax amnesty scheme for the construction sector...
ECC likely to approve supplementary grant of Rs2.27bn for HEC
ISLAMABAD: The Ministry of Federal Education and Professional Training has sought the federal cabinet’s Economic Coordination Committee's (ECC) approval for a supplementary grant of...
Javed Ghani appointed as permanent FBR chairperson
The federal cabinet on Tuesday approved Muhammad Javed Ghani's appointment as the Federal Board of Revenue's (FBR) permanent chairperson.
The approval came during a meeting...
VIS reaffirms corporate governance rating of Allied Bank Ltd. at CGR-9+
KARACHI: VIS Credit Rating Company Limited (VIS) has reaffirmed the corporate governance rating of Allied Bank Limited (ABL) at "CGR-9+".
The rating signifies a very...
Govt sets $20.86bn textile, apparel export target under new policyÂ
ISLAMABAD: The federal government has set a target of $20.86 billion for textiles and apparel export during the next five years.
According to the details,...