Export of transport services plunges 48.5pc in Q1
ISLAMABAD: Pakistan earned $100.920 million by providing different transport services in various countries during Q1FY21 as compared to the corresponding period last year, showing a...
Japan to provide Pakistan Rs1.54bn to fight Covid-19
ISLAMABAD: Japan will provide Pakistan with a grant of Rs1.54 billion to fight against Covid-19.
An agreement to this effect was signed in the federal...
Apple aims to make 30pc more iPhones in first half of 2021
Apple Inc plans to manufacture up to 96 million iPhones in the first half of 2021, a nearly 30pc year-on-year increase owing to strong...
China poverty alleviation, cotton boom backed by forced labour in Xinjiang: report
China is forcing hundreds of thousands of Uighurs and other minorities into hard, manual labour in the vast cotton fields of its western region...
PIA to operate flights to another Saudi city
The Pakistan International Airlines (PIA) has decided to operate flights to Saudi Arabia’s tourist city of Abha from the first week of January.
According to...
Abraaj founder Arif Naqvi ‘will not get fair trial in US’, lawyers argue
LONDON: Arif Naqvi, who founded the now-defunct Dubai private equity firm Abraaj Group, would not receive a fair trial in the US, a British...
SECP registers 1,956 new companies in November
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered 1,956 new companies in November 2020, indicating an increase of 41pc when compared...
Stocks close flat after late selling
KARACHI: After trading in the green for almost the entire session, the Pakistan Stock Exchange (PSX) fell flat in the last hour amid selling...
Bank deposits surge by 18pc YoY in Nov
ISLAMABAD: Banking sector deposits continue to show healthy growth during the ongoing year, as the total deposits held by commercial banks clocked in at...
Big industry expands 6.6pc in October
ISLAMABAD: The large-scale manufacturing (LSM) sector grew 6.6 per cent YoY during October 2020, according to data released by the Pakistan Bureau of Statistics...
Oil dips on demand worries as Covid-19 lockdowns tighten
MELBOURNE/SINGAPORE: Oil prices edged down on Tuesday as tighter lockdowns in Europe and an OPEC forecast for a slower recovery in demand next year...
US tech giants face 6-10pc fines as EU set rules to curb their power
BRUSSELS: Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines between 6-10% under...
Thousands of US businesses scramble after suspected Russian hack
LONDON/WASHINGTON: The US Department of Homeland Security and thousands of businesses scrambled Monday to investigate and respond to a sweeping hacking campaign that officials...
OGRA proposes Rs5-6 per litre increase in petrol price
Petrol prices in the country are likely to increase from December 16, a private TV channel reported on Monday.
According to Geo News, the Oil...
Prices of essential commodities declining, NPMC told
Finance minister directs provinces to keep chicken prices in check