Shanghai Electric re-initiates intent to acquire K-Electric
LAHORE: The Shanghai Electric Power Company Limited in a stock market notification sent through its manager to offer Arif Habib on Tuesday...
Japan extends $27.3 million aid to Pakistan
ISLAMABAD: The governments of Pakistan and Japan would be signing an agreement on Tuesday to provide financial assistance to Pakistan’s Economic and...
FIA opposes sale of K-Electric till clearance of dues assured
KARACHI: The sale of majority shareholding of K-Electric to Shanghai Electric Power has been opposed by the Federal Investigation Agency (FIA).
FIA investigation...
Pakistan consuming forex reserves at quickest rate across Asia: Report
LAHORE: Pakistan is burning through its foreign exchange reserves at the quickest rate across Asia even surpassing Cambodia, an economy less than...
OGRA computes RLNG transportation cost to Punjab at Rs81 per mmbtu
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has computed the transportation cost of Regasified liquefied natural gas (RLNG) to Punjab at Rs81...
Govt contemplating decreasing income tax rates for salaried class in upcoming budget
ISLAMABAD: The incumbent government is contemplating to decrease income tax rates for salaried class individuals in the upcoming budget, aiming to reduce...
Govt to appoint technical experts at exorbitant salary packages
ISLAMABAD: With merely two months left to finish in the current government’s five-year tenure, it has allowed all ministries and divisions to...
Hybrid rice to have 50 percent share of total cultivated area in next three years
LAHORE: An industry official on Monday said high-yielding hybrid rice seed coverage area would increase from current 25-30 percent to over 50...
Alibaba wants Pakistani exporters to get listed on its B2B electronic portal
KARACHI: Alibaba Group, the Chinese e-commerce behemoth wants Pakistani exporters to get listed on its business-to-business (B2B) electronic portal, said a company...
Inflation of around 6 percent, beneficial for economy’s growth: SBP report
KARACHI: A report titled ‘Threshold Inflation in Pakistan’ released by the State Bank of Pakistan on Monday stated if the inflation remained...
LCCI chief urges Greek businessmen to enhance trade
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) President Malik Tahir Javaid said on Monday that average trade around $70 million between...
Sri Lankan takes over SAARC CCI presidency for next two years terms
LAHORE: President Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) Ruwan Edirisinghe Monday took over the SAARC Chamber Presidency...
Ports, shipping play important role in economy: Bizenjo
ISLAMABAD:Â Minister for Maritime Affairs Mir Hasil Khan Bizenjo has said ports and shipping are playing an important role in further strengthening the...
Chairman ‘Shanghai Electric’ meets PM Abbasi, seeks faster regulatory approvals
ISLAMABAD: A delegation of Shanghai Electric Power led by Chairman Shanghai Electric Power (SEP) Wang Yundan, called on Prime Minister Shahid Khaqan...
Pakistan to be among top 50 of EoDB list by 2020
LAHORE: Provincial Finance Minister Dr Aisha Ghaus Pasha said that Pakistan aims to be among the top 50 countries on the Ease...