Ogra launches new tariff regime for SSGC, SNGPL
The new revised tariffs regime would see the fixed rate used to determine the rate of return on assets and profitability be changed with a weighted average cost of capital (WACC)
SAARC cannot progress In isolation: Iftikhar Ali Malik
ISLAMABAD: SAARC CCI Senior Vice President (SVP) Iftikhar Ali Malik said that the SAARC, a regional organisation cannot progress in isolation and...
With conditions improving, investment to grow at 17.2pc of GDP
ISLAMABAD: With an overall improvement in the economic environment of Pakistan, investment is expected to grow at 17.2 per cent of the...
Capacity utilisation in cement reaches all time high at 95pc
KARACHI: With fifteen days of fasting falling in the month of May, cement consumption has slightly been affected as domestic despatches have...
Market Daily: KSE 100 starts positive, increases by 381.10 points
LAHORE:Â The Pakistan Stock Exchange (PSX) marked a positive beginning to the week. The weekend brought in the news of a smooth transfer...
Tea imports growth recorded at over 9% in 10 months
ISLAMABAD: The tea imports into the country witnessed an increase of 9.04 percent during the first ten months of the current fiscal...
33 LPG-air mix plants slated for setting up In 2018-19
ISLAMABAD, June 4 (APP): The two state companies, Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) have...
Italy offers Pakistan marble processing machinery
ISLAMABAD: Italy’s AMS Group Managing Director Alberto Visinoni, while looking for bilateral cooperation, has asked Pakistan’s industry to utilise the group’s mining machinery...
Pak-Russia to sign billion dollar energy deal
Russia has shown readiness to export gas by laying an offshore pipeline through Gwadar Port to Pakistan and India
Amnesty scheme needs to be extended to reap benefits, experts believe
Amidst uncertainty especially after the scheme being challenged in Supreme Court of Pakistan (SCP), no considerable amount has been repatriated under the scheme except around Rs10 billion declared through tax amnesty domestically so far.
Automatic sharing of information with OECD to commence from September
Fifty-six countries have expressed willingness and officially issued a requisite requirement for automatic exchange of information with Pakistan
U.S. Commerce Secretary arrives in Beijing for talks on trade surplus
President Donald Trump threw the status of the talks into doubt this week by renewing a threat to hike tariffs on $50 billion of Chinese goods over complaints Beijing steals or pressures foreign companies to hand over technology
Karachi traders target Rs60 billion sales from Eid-ul-Fitr shopping
The highest sales posted in Karachi during the PML-N five-year tenure was Rs70 billion in 2015
Profit repatriation rises to $1.773b in July-April FY18
Power sector recorded the highest FDI inflow $750 million and payments on FDI touched $180 million during July-April FY18
Rupee plunges to record low against dollar, touches Rs119.35 in kerb market
Many expecting an imminent devaluation of the rupee have started holding onto their dollars foreseeing a better return later