2018 to be a bumper year for Pakistan’s cement sector: Report

International Cement Review, the world's leading source of cement manufacturing news and information, in its latest report on the Pakistani cement industry...

Govt to form separate company to manage assets amid PIA privatisation: Daniyal

ISLAMABAD: Federal Minister for Privatisation Daniyal Aziz on Monday said the Pakistan Muslim League-Nawaz (PML-N) government is committed to finalising privatisation process...

Market Daily: PIA takes off amid crashing indices

KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE 100 index shed 586.23 points as the rally started in December seems to have come...

Rs343.78 billion released under PSDP for development projects

ISLAMABAD: The government has released over Rs 343.78 billion under its Public-Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes against...

GIDC bill revised, govt to recover arrears from CNG sector in instalments

ISLAMABAD: In a recently held meeting of the Federal Cabinet, Prime Minister Shahid Khaqan Abbasi directed to revise Gas Infrastructure Development Bill...

Procurement of sugar contingent to payment clearance by sugar mills: TCP

KARACHI: The Trade Corporation of Pakistan (TCP) has set the condition that procurement of sugar remains contingent to payment clearance of farmers...

China wants to downgrade status of ML-I from ‘strategic project’

ISLAMABAD: China wants to relegate the status of ML-I from ‘strategic project’, which would change the dynamics of financing for this project,...

Explore public-private partnership for RLNG-III project: ECC

ISLAMABAD: The petroleum division has been asked by Economic Coordination Committee (ECC) for financing Rs175 billion RLNG-III pipeline via public-private partnership. The pipeline...

Govt striving for technology promotion

FAISALABAD: State Minister for Finance Rana Muhammad Afzal Khan said on Saturday the government was striving hard to promote technology which was...

China’s trade growth loses steam in December

BEIJING: China’s trade growth cooled in December in a possible sign of weaker global and domestic demand, but last year’s total exports...

Over Rs10 billion broadband projects launched in remote areas: PM Shahid Khaqan Abbasi

ISLAMABAD: The Universal Service Funds (USF) has awarded more than Rs10 billion Broadband Sustainable Projects to various operators to ensure telecom services...

Pakistan’s total debt stocks touch Rs21.8 trillion: SBP

KARACHI: State Bank of Pakistan (SBP) data released on Thursday revealed Pakistan’s total debt (external and domestic) stocks had reached Rs21.8 trillion...

JDW Sugar Mills, four others agree to procure sugarcane crop at govt prices

ISLAMABAD: In an undertaking to the Supreme Court on Thursday, five sugar mills including PTI’s Jahangir Tareen’s JDW Sugar Mills have agreed...

To offset losses, PIA to commence direct flights from Islamabad-Gwadar

KARACHI: As China-Pakistan Economic Corridor (CPEC) makes it impact felt in terms of rising tourism, Pakistan International Airlines (PIA) will start direct...

Govt to sign state-to-state deals for LNG supplies

LAHORE: The incumbent government has decided to sign state-to-state supply deals with energy-rich countries for procurement of cheaper LNG supplies. This decision comes...