HeadlinesAuto industry to make consumers pay for rupee devaluation
Jul 17, 2018
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Headlines
EconomyFinance ministry proposes rise in regulatory duties to rein in imports
The levying of additional regulatory duties would fetch the national exchequer an additional $1.12 billion, which will assist in reining in the trade deficit
Jul 16, 2018
HeadlinesKarachi Port Trust to build $10bn freight corridor
Jul 14, 2018
HeadlinesLNG prices rise, as rupee depreciation and global commodity prices bite in
For Pakistan State Oil (PSO), import cost is 10.11 per mmbtu and Pakistan LNG Limited (PLL) at $10.4 per mmbtu
Jul 13, 2018
EconomyDollar-denominated bond investors seek govt permission to trade them at PSX
Security Exchange Commission of Pakistan (SECP) permission is necessary for listing the bonds at the stock exchange
Jul 13, 2018
EconomyPak-China fibre optic cable set for opening today
The projects total cost is projected at $44 million and 85 percent of the loan has been provided by Exim Bank of China at a discounted rate
Jul 13, 2018
EconomyImports touch record high of $60.898 billion in FY18
Also, the trade deficit of the country touched a record high of $37.670 billion in FY18 compared to $32.488 billion in FY17
Jul 12, 2018
HeadlinesOgra awards $370 million oil pipeline contract to FOC
In violation of the rules laid down by ECC which clearly state any oil pipeline project has to ratified by the federal cabinet, OGRA awarded the licence to Frontier Oil Company
Jul 12, 2018
EconomyChina slams false report, says Islamabad never asked for more loans for CPEC
Jul 11, 2018
EconomySlippage in billing collection and other factors causing rise in circular debt
A loan facility of up to Rs431 billion for Discos was arranged by PHPL/CPPA-G on part of Discos for FY17 as a term finance facility
Jul 11, 2018
EconomyCaretaker finance minister ‘dismayed’ at lack of advancement on SEZs
Sources in the planning ministry said the bureaucracy was the major impediment in the way of SEZ development
Jul 11, 2018
HeadlinesCement manufacturers jack up prices by Rs15-20 per bag in northern region
As global prices of coal have surged, the cement manufacturers to protect their bottom lines passed on the impact to the consumers by raising prices in the region of Rs15-20 per bag
Jul 11, 2018