NEPRA reduces tariff control period for five years in reviewed order for MSW power projects

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued a reviewed order with respect to the upfront tariff determination for Municipal...

China slams false report, says Islamabad never asked for more loans for CPEC

BEIJING: China on Wednesday rejected as “totally false” a report about Islamabad approaching Beijing for more loans to keep the multi-billion dollar...

Topsun Motors, Pak-China Motors accorded Greenfield status

Topsun Motors will setup assembly plant in Multan, the company has signed an exclusive cooperation agreement with Chongqing Big S&T Dev Group Ltd & Mianyang Huarui Automotive Co. Ltd. China for the production of LCVs with an initial investment of Rs5.43 million

India’s becomes world’s sixth biggest economy, surpasses France

India's gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France

CDNS released only Rs79.396 million for automation project during FY18

The total cost of the CDNS automation project has been estimated at Rs 879.8 billion which aims at bringing more branches of the National Savings under the automation system

Slippage 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

Caretaker 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

U.S. to slap tariffs on extra $200 billion of Chinese imports

Last week, Washington imposed 25 percent tariffs on $34 billion of Chinese imports, and Beijing responded immediately with matching tariffs on the same amount of U.S. exports to China

Business delegation of Italian company, Leonardo, calls on foreign minister

ISLAMABAD: An eight-member delegation of the Italian Company Leonardo, led by its CEO, Alessandro Profuma, called on the Foreign Minister of Pakistan...

Pakistan has great opportunities for Greek investors: FPCCI

LAHORE: Pakistan offers tremendous investment opportunities for Greek business community to invest in the fields of retailing, health, communication, oil refining, electricity...

22 projects worth $28.6 billion under implementation: Dr Shamshad

At least 22 projects worth $ 28.6 billion are under implementation which included 15 energy projects under the multibillion-dollar China-Pakistan Economic Corridor (CPEC).

Finance minister chairs meeting on measures against currency smuggling

ISLAMABAD: Finance Minister, Dr Shamshad Akhtar here Tuesday chaired a meeting to discuss measures against cross-border illegal transportation /smuggling of currency. The minister at the outset...

Commerce division holds public-private consultation on gender, trade policy

ISLAMABAD: The trade policy wing of the commerce division held a Public-Private Sector Consultation on Gender and Trade Policy at the Pakistan...

Pak Suzuki to retire Mehran VX from November

ak Suzuki has in a notification to its dealers nationwide announced that it will be discontinuing Mehran VX Model SB-308 (without air-conditioner) from November this year

Market Daily: KSE-100 index turns green, adding 164 points

The KSE-100 index resurrected from a negative 727.17 points, just 2.31 per cent away from 52-week low levels, up to intraday high of a positive 281.31 points. It ended the session higher by 164.33 points at 39,452.81.