26.3 C
Islamabad
Tuesday, March 26, 2019
The draft business plan for Pakistan International Airlines (PIA) has entered its final phase of completion. Under the plan, which aims to take the airline back to the glory of decades past, the number of aircraft available will be increased...
In yet another major development, American authorities on Thursday green- lightened Pakistan International Airlines (PIA) for the direct flight operations to the United States, citing sources ARY News reported. The development follows, after a meeting of the Consul General of...
Alcohol sale will start next month in a hotel built near the Lahore airport. The Excise and Taxation Department Punjab had issued a licence to sell alcohol to the Royal International hotel in January. Sources said such a licence...
Auto assemblers faced a setback as sales of locally produced vehicles fell 13% in February 2019 amid an overall slowdown in economy. According to data released by the Pakistan Automotive Manufacturers Association (Pama), total car sales declined to 19,712 units...
The United Arab Emirates (UAE), one of the top friendly countries, on Tuesday deposited a second tranche of $1 billion into the State Bank of Pakistan’s (SBP) foreign currency reserves to help ease international payment pressure on Islamabad. “Yes, we...
Pakistan largely remains compliant with the corporate governance standards set by the Organisation for Economic Cooperation and Development (OECD), but it has not done much to uncover layers of secrecy that hide beneficial owners of companies, says a new...
Finance Minister Asad Umar said on Saturday that there will be an inflow of around $4.1 billion in the next two weeks after which the State Bank of Pakistan’s foreign exchange reserves will swell to over $12bn. Addressing a seminar...
Italy may be about to formally endorse China's Belt and Road Initiative, becoming the largest economy yet to back the massive global infrastructure project which is a signature policy of President Xi Jinping. According to multiple reports, the Italian government...
Iranian hackers working to penetrate systems, businesses and governments around the world have caused hundreds of millions of dollars in damages, a report said Wednesday. Researchers for tech giant Microsoft said the attackers stole secrets and wiped data from computer...
Hascol Petroleum Limited has become the largest oil marketing company in the private sector in terms of oil storages nationwide, a top official said on Wednesday. “Hascol, in collaboration with Dutch company Vitol, has added 232,000 cubic metres of oil...
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