SNGPL and SSGCL recover losses from stolen gas by charging extra from consumers

ISLAMABAD: Following an approval from the Oil and Gas Regulatory Authority (OGRA), two state-owned gas utilities, SNGPL and SSGCL, are annually charging...

Pakistan, promise unfulfilled

Established as far back as the middle of the nineteenth century, 1860 to be precise, the Overseas Investors Chamber of Commerce and...

Turkish ambassador urges business community to enhance bilateral trade

WAH CANTT: Turkish Ambassador to Pakistan Mustafa Yurdakul has said that business community of both countries should play their role to enhance...

Vietnam aims to take trade with Pak to $1 bn

LAHORE: The Vietnamese want to take bilateral trade with Pakistan from the current $700 million to $1 billion, as economic and trade...

AGP says BankIslami-KASB bank merger resulted in Rs3.5 billion loss to national exchequer

LAHORE:  A recently released report of the Auditor General of Pakistan (AGP) office has again alleged the BankIslami-KASB bank merger caused around...

Govt striving for development of country: Rana Afzal

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal has said the Pakistan Muslim League-Nawaz (PML-N) government was effectively working for the...

Water scarcity could topple all economic efforts in near future

ISLAMABAD: To ensure overcoming water shortage and achieving sustainable economic growth, the Islamabad Chamber of Commerce and Industry (ICCI) Saturday called upon the...

Electric fan production rises 14.91pc during first seven months this year

ISLAMABAD: Production of electric fans in the country increased by 14.91 per cent during the first seven months (July-Jan) of the year...

Tobacco, cement, cotton production increases from last year

ISLAMABAD: Cement production in the country, witnessed a growth of 12.13 per cent during the first seven months of the current fiscal year, as...

Zero duty on 75pc tariff lines for China to harm local industry: PIAF

KARACHI: The Pakistan Industrial and Traders Associations Front (PIAF), as a major stakeholder, has opposed the government's plan to offer zero duty...

Worsening balance of trade and exchange rate damaging economy

ISLAMABAD: Islamabad Chamber of Small Traders on Sunday said the exchange rate erosion has become the order of the day which is...

Pakistan not ready to reap full benefits of CPEC

LAHORE: The commander of Lahore corps Lieutenant General Aamer Riaz, stressed the need to remodel institutions in order to get the maximum benefits...

FBR registers 16pc growth in first 9 months 

ISLAMABAD: During first nine months of the current financial year, the Federal Board of Revenue (FBR)  has recorded a provisional net revenue collection...

Pakistan amongst best performers, up by 12pc on MSCI, says report

LAHORE: Despite political and external pressures, Pakistan has recorded a surge of 12 per cent on the MSCI index and 6 per...

Petrol, diesel prices slashed by Rs2 for April 2018

ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...