Business

Business

Circular debt in Pakistan power sector declining: IMF

The annual increase in circular debt of Pakistan’s power sector has come down from Rs 222 billion to just Rs 8…

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Pakistan Railways launches online ticketing system

The Pakistan Railways has launched the online ticketing system to facilitate the passengers for getting tickets without visiting railways offices. The…

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Sindh to contribute 1,000 MW in national Grid by 2018: CM Murad

Chief Minister Syed Murad Ali Shah Saturday announced that Sindh will contribute 1,000 megawatts in the national grid till July…

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Samsung in talks with US on washing machine safety issues

Samsung Electronics, which is already reeling from a global recall of its Note 7 smartphones, said on Thursday it is…

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China-led AIIB approves $300 mln in loan to Pakistan power project

The China-led Asian Infrastructure Investment Bank (AIIB) approved loans totalling $320 million to energy projects aiming to ease severe power…

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SBP launches $500 million in Islamic bonds

State Bank Of Pakistan is set to launch $500 million in Islamic bonds to raise money for its foreign exchange…

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WTO drastically cuts global trade forecast

The World Trade Organization on Tuesday downshifted its global trade forecast, warning that anti-globalisation rhetoric and Brexit were pushing trade…

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ECC approves reduction in price of imported urea

The Economic Coordination Committee (ECC) of the cabinet here on Monday has approved the reduction in price of imported urea…

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Emirates may operate domestic flights in Pakistan

Emirates airlines has denied a news report claiming that the carrier was planning to launch domestic flights in Pakistan. Emirates Airlines…

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