AirSial ready for takeoff, gets go-ahead from PM Imran

Prime Minister Imran Khan on Friday granted approval for the launch of a new private airline, AirSial, from Sialkot International Airport.

TAPI gas transportation, transit fee agreements to be signed in 2018-19

Through the TAPI gas pipeline, funded by Asian Development Bank (ADB), Pakistan and India would be provided 1.325 bcfd gas each and Afghanistan would get 0.5 bcfd gas.

ABAD demands incentives to attract investment from overseas Pakistanis

ISLAMABAD: The Federal Minister of State for Capital Administration and Development Dr Tariq Fazal Chaudhary appreciated the role of Association of Builders...

Special Economic Zones to get electricity, gas

The cost of providing these utilities to the economic zones would be met through the  Cost of the provision of utilities to SEZs will be met through Public Sector Development Programme (PSDP)

NTDC fined Rs10mn for delaying projects

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs 10 million on M/s National Transmission and Despatch Company...

Has CPEC hit a major roadblock?

China’s infrastructure building spree across the nation seems to have been halted due to Pakistan’s inability to pay its loans

ECC decision on housing finance to be approved by Cabinet today

ISLAMABAD: The federal cabinet, scheduled to meet today (Tuesday) with Prime Minister Imran Khan will endorse the Economic Coordination Committee’s (ECC) decision...

FBR suspends notices issued to builders, developers

KARACHI: Federal Board of Revenue (FBR) Director General Broadening of Tax Base (BTB) Tanveer Malik, on the request of Association of Builders and...

Cement industry capacity utilisation touches 99pc in January

ISLAMABAD: Domestic consumption of cement increased by a whopping 37.3 per cent in January 2018 on a year-on-year basis as the construction activities...

Hubco, FWO Enjazat sign MoU for cooperation in energy, water, mining sectors

HUBCO has signed a MoU with FWO Enjazat L.L.C to explore collaboration on various business opportunities in energy, water and mining sectors.

Cement prices to go up by Rs50 per bag

LAHORE: Cement manufacturers nationwide have decided to jack up cement price by Rs50 per bag after the hike in fuel prices recently....

FDI jumps to 15.6pc, adding $262.5 mn from last year

KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...

KCR, ML-1 projects of CPEC to hit the ground soon, says Planning secretary

Karachi Circular Railway (KCR) and up gradation of Pakistan’s Railway ML-I projects are the main focus in transport infrastructure sector to be implemented in the current phase of China Pakistan Economic Corridor (CPEC).

Business community can enable Pakistan to become an economic giant: Mayor Lahore

LAHORE: Mayor Lahore Col (R) Mubashir Javed said on Tuesday that the business community has the ability to turn Pakistan into an economic...