Bangladesh, India finalising first bilateral rice deal in 3 years
DHAKA/MUMBAI: Bangladesh is finalising a purchase of 150,000 tonnes of rice from India’s NAFED, the New Delhi-based state agency told Reuters, in what would...
Pharma exports surge 22.9pc in 5MFY21
ISLAMABAD: Pakistan’s exports of pharmaceutical products increased 22.87pc in the first five months (July-Nov) of the current fiscal year (FY21), data revealed by the...
Pakistan, Turkey, Iran likely to resume ITI cargo operations
The Istanbul-Tehran-Islamabad (ITI) cargo train is expected to resume from 2021 as Pakistan, Turkey and Iran concluded the 10th edition of the Economic Cooperation...
PM thanks expats for remitting $200m through Roshan Digital Account
ISLAMABAD: Prime Minister (PM) Imran Khan on Thursday thanked overseas Pakistanis for sending funds through Roshan Digital Account as figures touched $200 million on...
Pakistan needs $6bn for water supply, sanitation: ADB
ISLAMABAD: Pakistan needs around $6 billion annual investment for water supply and sanitation in the country, the Asian Development Bank (ADB) reported.
According to the...
China launches antitrust probe into tech giant Alibaba
HONG KONG/BEIJING: China has launched an antitrust investigation into Alibaba Group and will summon the tech giant’s Ant Group affiliate to meet in coming...
Brexit deal anticipation fuels stocks and sterling
LONDON: Stocks rallied and the British pound gained on Thursday as Britain and the European Union closed in on a free-trade deal and investors...
ECC to decide shelving of LPG air mix projects by Sui companies tomorrow
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is expected to decide on Thursday (tomorrow) the shelving of Liquefied Petroleum Gas (LPG) air...
British American Tobacco to set up business services hub in Pakistan
BAT clarifies that Pakistan setup is being established 'in parallel to the company's business in Malaysia', and will serve Asia Pacific and Middle East region
PIA finally reduces fares for GB after suo motu notice by court
ISLAMABAD: The Pakistan International Airlines (PIA) has reduced its fares on the Gilgit/Skardu-Islamabad route for both sides, a report submitted to the Gilgit-Baltistan Supreme...
FBR withdraws 5pc regulatory duty on cotton import
ISLAMABAD: In compliance with the government’s decision, the Federal Board of Revenue (FBR) has withdrawn five per cent regulatory duty on the import of...
Government proposes major tax exemptions for Electric Vehicles
ISLAMABAD:In order to promote the use of electric vehicles in the country, the government has decided to offer massive tax exemptions.
As per the Ministry...
CPPA recommends Rs1.52 per unit hike in power tariff
ISLAMABAD: The Central Power Purchasing Agency (CPPA) has recommended the National Electric Power Regulatory Authority (NEPRA) to approve a Rs1.52 per unit hike in...
Norway to forge cooperation with Pakistan in renewable energy sector: envoy
ISLAMABAD: Ambassador of the Kingdom of Norway to Pakistan Kjell Gunnar Eriksen on Wednesday appreciated the newly promulgated Renewable Energy Policy of Pakistan, expressing...
Pact inked to procure 80 buses for Green Line project
KARACHI: Pakistan has signed an agreement with a Chinese company for procurement of buses for Karachi’s Bus Rapid Transport (BRT) Green Line project.
According to sources,...