Smelling blood, Huawei’s Chinese mobile rivals look to capitalise on its US woes
SHENZHEN: Chinese handset rivals of Huawei Technologies including Xiaomi, Oppo and Vivo are making aggressive moves to seize market share from their giant rival,...
Textile industry growing due to solid policies: Aleem
LAHORE: Punjab Senior Minister Abdul Aleem Khan has said that the country's textile industry is growing due to the far-sighted and solid policies of...
Locally invented Covid-19 detection device to be available soon: DRAP
ISLAMABAD: Locally made medical device Covid-19 Rapid Artificial Intelligence Detection (COV-RAID) would be soon available throughout the country to detect coronavirus infection in a...
Pakistan acquires $800m in debt relief from G20, awaits $1bn more
Pakistan has so far secured $800 million worth of debt freeze deals from 14 members of the richest G-20 countries, while awaits ratification worth...
ICCI calls for reducing property tax on auto market plots
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) on Sunday urged the government to reduce property tax on plots belonging to auto markets.
The...
Tractor production increases 17.17pc in Q1FY21
ISLAMABAD: Domestic tractors manufacturing during the first quarter of the current financial year (Q1FY21) have witnessed about 17.17 per cent growth as compared to...
IMF talks continue focus on tax reforms
The International Monetary Fund (IMF) has conducted a detailed study of Pakistan’s existing tax system and made recommendations, including a string of policy proposals...
Moderna to charge $25-$37 for Covid-19 vaccine: CEO tells paper
CAMBRIDGE: Moderna will charge governments between $25 and $37 per dose of its Covid-19 vaccine candidate, depending on the amount ordered, Chief Executive Stephane...
Pakistan calls for increased funds for UN’s SDGs in developing countries
UNITED NATIONS: Pakistan's Permanent Representative to the United Nations (UN) and UN Economic and Social Council (ECOSOC) President Ambassador Munir Akram has called for...
SBP policy rate likely to remain unchanged
The benchmark interest rate for the next two months which is to be decided by the State Bank of Pakistan (SBP) in a meeting...
Western Union buys 15pc stake in Saudi Telecom’s digital payment unit
DUBAI: Western Union, the world’s largest money transfer firm, has acquired a 15 per cent stake in the digital payment unit of Saudi Arabia’s...
European regulator to lift Boeing 737 MAX grounding in January
PARIS: Europe is set to lift its flight ban on the Boeing 737 MAX passenger jetliner in January after U.S. regulators last week ended...
Asad Umar urges Sindh govt to utilise budget for Karachi’s development
KARACHI: Federal Minister for Planning, Development, Reforms and Special Initiatives, Asad Umar on Saturday urged the Sindh government should utilise Rs700 billion that has...
G20 leaders seek to help poorest nations in post-Covid world
BEIJING/DUBAI/WASHINGTON: Leaders of the 20 biggest economies on Saturday vowed to ensure a fair distribution of COVID-19 vaccines, drugs and tests around the world...
Low grade sacks destroying 770,000 tonnes wheat flour annually
ISLAMABAD: While the country is forced to import wheat for meeting the shortage, it is wasting up to 770,000 tonnes of wheat flour annually...