Jirga constituted to resolve Diamer Bhasha Dam territorial dispute

ISLAMABAD: A 20-member Jirga has finally been constituted to resolve the long standing dispute over the multi-billion-dollar Diamer-Bhasha Dam land site between two tribes...

Brexit trade deal published as UK calls for end to ‘ugly’ divisions

LONDON: Britain on Saturday published the text of its narrow trade agreement with the European Union just five days before it exits one of...

China to leapfrog US as world’s biggest economy by 2028

LONDON: China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the...

Indian automakers fear container shortage to hit parts supply, output

NEW DELHI: Automakers in India are bracing for a parts shortage and possible production losses over the next three to four months due to...

Reconstituted CPEC Business Council proposes new projects, sectors

ISLAMABAD: The recently re-constituted China Pakistan Economic Corridor (CPEC) Business Council has proposed including more sectors and projects under the umbrella of CPEC. During the...

Govt to cancel allotments of land without industrial units in industrial estates

LAHORE: The Punjab government has decided to cancel the plots of those who have not installed industrial units by allotting plots in industrial estates...

CCoP approves transaction structure for PSM

KARACHI: The Cabinet Committee on Privatisation (CCoP) has approved the transaction structure for Pakistan Steel Mills. The federal Minister for Finance and Revenue, Dr Abdul...

Health Ministry recommends legislation to impose health tax on tobacco

ISLAMABAD: The Ministry of National Health Services, Regulations and Coordination has urged the Ministry of Finance to lay Federal Health Levy Bill in the...

2020 – An obituary

As we say goodbye to the year, we will remember it mainly for the massive disruption it brought. 

Pakistani lawn’s biggest market could be in India, but isn’t. Because we can’t have nice things

Over the past two decades, Pakistani lawn has become a $50 million+ market in India, but politics means that Pakistani brands and exporters have found it difficult to grow what could be a lucrative market

Despite the pandemic, Careem managed to have a record year in Pakistan

The Pakistani market accounts for nearly a quarter of total bookings in the region for the ride-hailing giant

Arçelik joint venture may bring Hitachi household electronics to Pakistan

Turkish manufacturer, which owns local market leader Dawlance, entered a joint venture with the Japanese company to manufacture and distribute its products throughout Asia ex-Japan

Invest Capital Investment Bank to be acquired by a Russian-run, Dubai-based cloud-seeding company

Few details are available about the acquiring company, or why it plans to enter the Pakistani market through the acquisition of an investment bank, rather than simply setting up a local subsidiary

Pakistan Oilfields’ new discoveries underscore country’s dwindling reserves

As domestic reserves decline, Pakistan will become increasingly dependent on imported natural gas, unless the country decides to move off hydrocarbons altogether