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Export of IT services earns over $406m in 4 months: PBS

Pakistan, Jan. 17 -- Pakistan earned $406.810 million by providing different information technology (IT) services in various countries during the first four months of current financial year 2019-20, P... Read More


Kashan Hasan takes over as Reckitt Benckiser CEO

Pakistan, Jan. 17 -- Reckitt Benckiser (RB), a global leader in consumer health and hygiene, has appointed Kashan Hasan as the new chief executive officer (CEO) for its Pakistan business. Kashan will... Read More


Malaysia talks to India over palm curbs as wider trade dispute looms

Pakistan, Jan. 17 -- Malaysia is talking to the Indian government and trade officials in a bid to resolve concerns over New Delhi's new palm oil import restrictions, a minister in Kuala Lumpur said on... Read More


SBP reserves up $82m to $11.58bn

Pakistan, Jan. 17 -- Pakistan increased 0.71pc on a weekly basis, according to data released by the central bank on Thursday. On January 10, the forex reserves held by the SBP were recorded at $11,58... Read More


PIA joins hands with AccesRail to facilitate passengers

Pakistan, Jan. 17 -- Pakistan International Airlines (PIA) has announced a major partnership with AccesRail, the world's leading provider of air-rail intermodal solutions. "The partnership will allow... Read More


Pakistan stock exchange retreats amid lack of triggers

Pakistan, Jan. 17 -- Pakistan Stock Exchange has continued its deprecating trend this week amid lack of stimulus and rally stream. Benchmark KSE-100 ended in a negative territory as volumes contract f... Read More


New ADB President Masatsugu Asakawa takes charge

Pakistan, Jan. 17 -- Masatsugu Asakawa assumed office as the 10th President of the Asian Development Bank (ADB) on Friday (today). "I am honoured to assume the role of ADB President and to begin work... Read More


Govt striving to bring back 60s' glory: minister

Pakistan, Jan. 17 -- Science and Technology Minister Fawad Chaudhry said on Thursday that the government is aiming and planning to keep the hi-tech industry tax free with zero customs duty for ten yea... Read More


Multi-billion dollar TAPI gas pipeline project facing no delay

Pakistan, Jan. 17 -- The Petroleum Division has said that the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project is progressing as per the "timelines" agreed among the member countrie... Read More


FBR unearths over $5m worth of under-invoicing in IT imports

Pakistan, Jan. 17 -- The Federal Board of Revenue (FBR) unearthed over $5 million worth of under-invoicing in IT imports after the Senate Standing Committee on Commerce and Textile on Thursday pointed... Read More