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...
OGDCL injects five new oil, gas wells in production gathering system
ISLAMABAD: Oil and Gas Development Company (OGDCL) has injected five new oil and gas wells, producing 4,133 barrels crude oil and 891...
Exports of services grew 3.45 percent during first five months of FY 2017-18
ISLAMABAD: The exports of services witnessed increase of 3.45 percent during the first five months of the current fiscal year compared to...
Market Daily: KSE 100 sheds 235pts amid profit taking
LAHORE: Pakistan Stock Exchange’s (PSX) northbound journey started last year in December but halted for some profit taking, to close 235 points...
OICCI Perception, Investment Survey 2017, presented to PM
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) Managing Committee met Prime Minister Shahid Khaqan Abbasi and presented to him...
MoC to formulate STPF 2018-23 without projection of export figure
ISLAMABAD: As the Strategic Trade Policy Framework (STPF) 2015-2018 badly failed to meet the target of exports growth, Ministry of Commerce (MoC)...