Sinotruk interested in setting up truck production plant in Pakistan
Karachi: China’s third largest truck manufacturer, Sinotruk Jinan Truck Co Ltd, has expressed an interest in establishing a production plant for trucks...
CNG sector set to be waived off 50pc payment owed under GIDC
Islamabad: The Gas Infrastructure Development Cess (GIDC) Act 2015 is planned to undergo some revisions by the incumbent government, which would allow...
SBP set to submit report next week on rupee’s depreciation
Karachi: A spokesman for State Bank of Pakistan (SBP), Abid Qamar on Friday disclosed that the committee setup to investigate the sudden...
87pc of work completed on Tarbela 4th extension power project
Islamabad: Around 87 per cent work has been completed on the Tarbela 4th Extension Power Project so far and its Unit 17...
Bilateral trade between Pakistan and Switzerland stands at $400m: President Mamnoon Hussain
Islamabad: President Mamnoon Hussain on Friday terming Pakistan and Switzerland as important trade partners said the growing investment by Swiss multinational companies was...
Polish company to drill 14 exploration wells for hydrocarbon reserves
Islamabad: A Polish oil and gas company, PGNiG, would drill 14 exploration wells in hydrocarbon potential areas during the current year.
"The company...
Pakistan perfect destination for Chinese investment
Shanghai: Pakistan can achieve aim of economic development and become a major industrial zone by attracting Chinese investment and surplus production because...
PBIF lauds PM Abbasi’s vision for economic development
ISLAMABAD: Pakistan Businessmen and Intellectuals Forum (PBIF) on Friday lauded the vision of Prime Minister Shahid Khaqan Abbasi which promises rapid economic...
JBIC delegation visit due in September
ISLAMABAD: A delegation of Japan Bank for International Cooperation (JBIC) would visit Pakistan in September to take the discussions further and work...
SCO’s request to operate telecom services across the country rejected
Islamabad: Special Communication Organization (SCO), which manages and operates telecom services in the areas of Gilgit-Baltistan and Azad Jammu Kashmir request of...
Govt dismisses plan of privatizing state-owned power distribution companies
Islamabad: According to sources, the federal government has dismissed plans for privatization of many govt-owned entities as the elections loom next year.
Earlier...
Govt keen to double LNG imports by signing agreements with Algeria and Nigeria
Islamabad: With the growing energy demands, the current government seems determined to sign agreements with big African LNG exporters Nigeria and Algeria.
The...
More than 50pc registered companies said not to have filed their income tax returns
Karachi: According to sources in the Federal Board of Revenue (FBR), more than 50pc of the companies registered with the tax authorities...
PM calls for comprehensive plan to improve service delivery of Pakistan Railways
Islamabad: Prime Minister Shahid Khaqan Abbasi on Thursday stressed the need for working out a comprehensive plan to further improve the service...
Petroleum production grew by 3.39pc during FY 2016-17
Islamabad: Petroleum production grew by 3.39 percent during 11 months of last fiscal year from July to May as compared to same...