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Dollar continues sliding in interbank and open markets

KARACHI: The exchange rate of dollar plunged by 29 paisa in interbank and traded at Rs147.92 as compared to closing of last day at...

PIA gets Boeing 777 operational after 1.5 years of grounding

KARACHI: PIA has been able to add another Boeing777 aircraft in its fleet after being grounded by almost 18 months. A Boeing777 bearing registration number...

PIA to resume flight operation for Tokyo from May 31, 2019

KARACHI: Pakistan International Airlines (PIA) to resume its flight operation on Beijing-Tokyo sector from Friday 31st May 2019.  The airline will now operate twice a week...

Government to present budget 2019-20 on IMF terms and condition

KARACHI:  The government of Prime Minister Imran Khan will most likely present fiscal year budget 2019-20 on the terms and conditions of IMF to...

APTTA urges govt to abolish import duty and other taxes on...

Federal Board of Revenue is receiving 32-34 per cent Customs Duty, Sales Tax and Withholding Tax and up to ware house is 42 per...

Saudi Arab to start giving oil of $3.2bn for three years...

Pakistan’s petroleum group imports including crude and Liquefied Natural Gas LNG stood at $13.26 billion during the last fiscal year FY18 while the country...

Greenback touches Rs 154 in Kerb market

KARACHI: The US dollar continued its steep incline in Pakistan, reaching a new all-time high in the interbank and open market on Tuesday. In the...

Google blocks Huawei’s android use after trump blacklist

It may just have killed Huawei's bid to become the world's top smartphone brand HONG KONG: Google is restricting Huawei's access to its Android operating...

US carmaker ‘Ford’ announces 7,000 job cuts

US car giant Ford has announced it will cut 7,000 jobs globally by the end of August in an effort to save costs, BBC...

Pakistan deputes diplomats to 18 countries

Pakistan appointed ambassadors and diplomats to 18 stations, including China, India, Japan, Belgium and Malaysia on Monday. The appointments have been finalised after approval by...