Business & Economy

London, Feb 15 (AFP/APP): London’s FTSE 100 index on Wednesday topped 8,000 points for the first time, propelled by the sliding pound after news of slowing inflation. The benchmark index rallied to an all-time pinnacle at 8,003.65 points, helped by the weak pound which boosts […]

TOKYO, Feb. 13 (Xinhua/APP) –: The Tokyo District Court on Monday ordered SMBC Nikko Securities Inc. to pay a fine of 700 million yen (5.3 million U.S. dollars) and a forfeiture of 4.47 billion yen (about 33.7 million dollars) for stock price manipulation. According to […]

ISLAMABAD, FEB 13 (Online): Government has decided to promulgate ordinance in connection with mini budget. According to official sources the presidential ordinance will be promulgated as soon the joint session of both the houses of parliament ends. The change in taxes and duties will be […]

ISLAMABAD, Feb 13 (APP): Ambassador of Korea to Pakistan Suh Sangpyo here on Monday said that in 2022, about 2,000 Pakistani workers found employment in Korea through the Employment Permit System (E9). The ambassador appreciated that Pakistani workers were getting more jobs in Korea under […]

ISLAMABAD, Feb 13 (APP): The size of labour force has increased by 4.6 million during 2014-2018 (equivalent to 1.4 million per annum), said in an Annual Plan 2022-23. According to details , approximately, half of the working-age population is out of the labour force, mainly […]

QUETTA, Feb 13 (APP):The Fisheries department on Monday signed a memorandum of understanding (MoU) with Ocean Venture, a private enterprise. In the presence of Chief Secretary Balochistan Abdul Aziz Aqeeli, Secretary Fisheries Kazim Jatoi and CEO Ocean Venture signed the MoU. A handout issued by […]

ISLAMABAD 12 Feb (Online): K-Electric has submitted their nect 7-year investment plan to Nation Electric Power Regulatory Authorty (NEPRA). Nepra will take up the hearing on this 7-year investment plan on 21 Feb. K-Electric will make 484 billion investments in upcoming seven year: proposed plane. […]

ISLAMABAD, Feb 12 (APP): National Transmission and Dispatch Company (NTDC) has successfully augmented the existing 160 MVA, 220/132 kV auto-transformer (T1) with a 250 MVA unit at 220 kV Industrial-II Quetta grid station and energized the auto-transformer on Sunday. This project, a part of the […]

ISLAMABAD, Feb 12 (APP):The founder Chairman of Pak-US Business Council Iftikhar Ali Malik on Sunday urged the United States to provide direct market access to Pak products to stabilise its fragile economy that suffered irreparable colossal losses in the fight against terror in the region. […]

ISLAMABAD, FEB 11 (Online): Power distribution companies have sought permission to recover outstanding dues of over Rs 17 billion from the consumers. The NEPRA will hear the petition on February 22 filed by power distribution companies in connection with adjustment for second quarterly. LESCO has […]