SECP approves framework for digital onboarding of investors
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved a framework to enable all Pakistani resident and non-resident investors to open online...
Cane commissioner asks DCs to stop ‘off the book’ purchases by mills
LAHORE: Punjab Cane Commissioner Muhammad Zaman Wattoo has directed the deputy commissioners of all districts to inspect the sugarcane procurement being carried out by...
UAE launches tourist visas for Israelis
DUBAI:Â The United Arab Emirates launched tourist visas for Israeli citizens on Thursday, official media said, in the latest move following the normalisation of ties...
SCCI calls for simplifying bank loan process to facilitate SMEs
PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) has urged commercial banks to simplify the procedures to apply for a bank loan and...
ECC abolishes peak-hour electricity tariff for industry
ISLAMABAD:Â The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved the abolishment of Time-of-Use (ToU) tariff scheme for industrial consumers.
The ECC meeting was...
PSX falls flat after range-bound session
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) endured a volatile session on Thursday, with the indices moving both ways in search of clear direction...
Fortnightly cotton output falls 37.6pc
LAHORE: As many as 4.648 million cotton bales reached ginning factories across the country between November 16 and December 1, as compared to 7.448...
Govt approves Rs1bn package for Quetta gas pipelines
The federal government has approved a Rs1 billion package to replace 40-year-old gas pipelines in Quetta for resolving the issue of low gas pressure.
The...
SBP reserves drop $305m to $13.1bn
KARACHI:Â Foreign exchange reserves held by the central bank fell $305 million on a weekly basis, according to data released by the State Bank of...
India resumes talks with protesting farmers over agriculture reforms
NEW DELHI/MUMBAI: Indian government ministers began talks with farmers’ leaders on Thursday to try and break a deadlock over laws passed earlier this year...
EU envoys hope for a Brexit trade deal in days, UK sees progress
BRUSSELS: European Union diplomats said on Thursday they hoped a Brexit trade deal with Britain could be agreed by Friday or at the weekend,...
OPEC+ resumes talks on 2021 oil policy amid disagreements
LONDON: OPEC and Russia resume talks on Thursday in a bid to define policies for 2021 after an initial round of discussions this week...
US bans cotton imports from China producer citing Xinjiang ‘slave labour’
WASHINGTON: The Trump administration expanded economic pressure on China’s western region of Xinjiang, banning cotton imports from a powerful Chinese quasi-military organization that it...
Boeing’s updated 737 MAX completes first flight with media onboard
DALLAS: Boeing Co’s 737 MAX staged its first post-grounding flight with media on board on Wednesday, as carriers seek to demonstrate to passengers that...
Trump expected to sign bill that could delist Chinese companies, White House says
WASHINGTON: The U.S. House of Representatives passed a law to kick Chinese companies off U.S. stock exchanges if they do not fully comply with...