Pakistan to have surplus capacity of electricity by 2020
Karachi: According to official data available from K-Electric (KEL) and National Transmission and Despatch Company (NTDC), Pakistan will have excess supply of electricity projected...
Lamsal invites business community to gain from investment opportunities in Nepal
Nepal's Ambassador to Pakistan, Ms Sewa Lamsal Adhikari said here on Monday that Pakistan and Nepal had a tremendous potential in areas of trade,...
Country’s current account deficit widens to $6.430bn in Jul-Nov 2017-18
KARACHI: Despite all efforts of the federal government to reduce the current account deficit (CAD), the country’s CAD further widened to $ 6.430 billion...
Local petroleum production up by 12.98pc in ten months
ISLAMABAD: The production of petroleum products witnessed 12.98 per cent increase during the first ten months (July-April) of the current fiscal year as compared...
CPEC to focus on welfare of masses: Asad Umar
Planning Minister Asad Umar has said that ongoing phase of the China-Pakistan Economic Corridor (CPEC) would bring about socio-economic benefits for the welfare of...
Apple launches $300 million clean energy fund in China
The investment from the iPhone maker, which will be made along with 10 suppliers including Pegatron Corp and Wistron Corp over a four-year period, also comes as the United States and China lock horns over trade
SECP approves principles of corporate governance for non-listed companies
The Securities and Exchange Commission of Pakistan (SECP) has approved principles of corporate governance for non-listed companies (NLCs) to make business environment trustworthy, transparent...
Biggest international home textile exhibition to be held in Frankfurt
KARACHI:Â Heimtextil, the world biggest textile exhibition for home and contract textiles, will be held from 8 to 11 January 2019 in Frankfurt (Germany) in...
‘Govt committed to developing systematic, cost-effective energy sector’
Minister says lack of integrated energy planning in the past affected the country's energy sector and consequentially its economic growth
ISLAMABAD:Â Planning Minister Makhdoom Khusro Bakhtiar...
ICAP suggests structural changes to existing tax system
The institute of Chartered Accountants of Pakistan (ICAP) has proposed structural reforms that focus on broadening the tax base and the simplifying the complex...
Foreign Direct Investment rises 68pc in six months
KARACHI: Foreign Direct Investment (FDI) in Pakistan rose 68.3pc to $1.34 billion in the first half of the fiscal year 2019-20 (July-Dec FY20), according...
KP govt floats proposal for getting exploration rights without bidding
Islamabad: Khyber-Pakhtunkhwa (KP) government has floated an idea for getting petroleum exploration rights which would be granted to provincial energy companies for a new...
Govt’s proposal to restrict provinces from collecting GST on services dismissed
Dr Kaiser Bengali says govt should abolish 15-20 divisions and ministries to reduce federal expenditure
KARACHI:Â Former advisor to chief ministers of Sindh and Balochistan...
Operational costs of key sectors surge as sick units multiply
Closure of over 80% of sick units profoundly impacts various sectors, forcing layoffs and reducing shifts in large manufacturing units, while SMEs struggle to survive amidst financial constraints
Govt to strengthen industry through exhibitions: Sh Allauddin
LAHORE: Punjab Minister IC and T Sheikh Allauddin has said that the provincial government has made arrangements to further strengthen the industry through many...
