EconomyChinese company to establish solid waste power plant
A subsidiary of Chengdu Xingrong Environmental Co, Lahore Xingzhong Renewable Energy has expressed interest in establishing a municipal solid waste power plant at a projected cost of $140 million
Jun 21, 2018
EconomyCircular debt rose Rs40 billion since start of June
HUBCO CEO told the parliamentary panel the previous PML-N government had paid Rs200 billion but after that, no payments had been made to decrease circular debt
Jun 21, 2018
EconomyADB scraps $20m loan for restructuring PSEs and privatisation
The ADB had approved this loan for financing the government’s privatisation initiatives and it had restarted PSE divestment programme in 2013 and commenced several privatisations related transactions including a petroleum company, banks and sale of a construction company
Jun 21, 2018
EconomyPrevious government approved surcharges to pay off power sector liabilities
During the ECC meeting, it was proposed Rs50 billion should be obtained in loans from commercial banks to be arranged via Government Holdings Private Limited (GHPL)
Jun 21, 2018
EconomyContinuous hike in urea prices inflicting Rs30-40 billion losses to farmers
Average urea price in the country on June 13th, 2018 stood at Rs1,500 per bag compared to Rs1,250 per bag in November 2017
Jun 21, 2018
EconomyCGT collection plunges 52 percent in July-May FY18
CGT amounted to Rs6.2 billion during July-May FY18 against Rs12.76 billion in the corresponding period of last financial year
Jun 21, 2018
HeadlinesNEPRA allows K-Electric use of RLNG in power production
Jun 20, 2018
HeadlinesSecond unit at Neelum-Jhelum hydro project commences power production
Jun 20, 2018
HeadlinesShell likely to invest $15m in retail stations to meet enhanced demand
Jun 20, 2018
EconomyPakistan aiming to sign cheaper fresh LNG import deals
Jun 20, 2018
EconomyEid spending rises 15 percent, breaks Rs1 trillion trajectory
Director Operations, Emporium Mall Lahore Afnan Shah Khan projected a 20 percent rise in the market compared to last year and shared footfall crossed over a million during Ramazan this year against 830,000 in Emporium Mall last year
Jun 19, 2018
EconomyE-commerce sales disappoint on occasion of Eid-ul-Fitr
As per a rough estimate, around Rs50-60 billion was spent by consumers in Karachi on Eid shopping, the city constituting 10 percent of Pakistan’s population of 207 million
Jun 19, 2018