Moazam Baig

Business

Pakistan, Russia agree to launch pilot container freight train

The Government of Pakistan has reaffirmed its commitment to strengthening bilateral cooperation with the Russian Federation in the railway sector…

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Business

Aurangzeb sees economy growing above 4% this year

ISLAMABAD: Finance Minister Muhammad Aurangzeb has expressed optimism that Pakistan’s economy will grow by more than 4% during the current…

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Business

Job opportunities for Pakistanis decline due to Gulf war

Overseas Employment Promoters Expert Adnan Paracha has said that the number of Pakistanis who travel abroad for employment purposes has…

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Business

Cement prices decline across Pakistan

Retail cement prices declined across Pakistan during the week ended August 27, it was reported on Monday. According to data…

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Business

Internet services may become costlier as telecom fees surge

ISLAMABAD: Internet and telecommunications services could face higher costs after a sharp increase in infrastructure charges for telecom operators at…

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Business

Pakistan’s oil import bill rises to $1.28bn in July

ISLAMABAD: Pakistan’s oil import bill rose to $1.28 billion, equivalent to around Rs357.05 billion, in July as higher global oil…

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Business

Power minister apologises for loadshedding at night

ISLAMABAD: Federal Minister for Power Awais Leghari on Monday apologised to the public for electricity loadshedding during nighttime hours, saying…

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Business

Pakistan moves to buy spot LNG cargo for September delivery, issues tender

ISLAMABAD: The government has decided to purchase a spot cargo of liquefied natural gas (LNG), with Pakistan LNG Limited (PLL)…

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Business

Middle East tensions rattle PSX as KSE-100 plunges 720 points

KARACHI: The Pakistan Stock Exchange (PSX) came under significant selling pressure on Monday as renewed tensions in the Middle East…

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Cities

33 retired officials got dollar pensions for 30 years, causing Rs10bn loss

ISLAMABAD: A long-running practice of paying pensions to retired government officials in foreign currency has come to light in Pakistan.…

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