Gold import falls 41.26pc in 7 months
The import of gold during first seven months of current fiscal year declined by 41.26 pc as compared to same period last year.
The gold...
Cement company alleged of $2m under-invoicing
The Customs have detected a case of under-invoicing and money laundering committed by a cement company on the import of Portland clinker,...
Pakistan receives $4.6b as new loans
In order to tackle the growing fiscal deficit owing to declining foreign currency reserves and to payback external debt obligations, Pakistan obtained...
All Pakistan Business Forum condemns criticism of CPEC
The All Pakistan Business Forum (APBF) has expressed its concerns regarding criticism of the China-Pakistan Economic Corridor (CPEC) – a transnational project,...
FPCCI lauds ECO summit, terms it milestone
Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has hailed the 13th summit of Economic Cooperation Organization (ECO) held on Wednesday...
Pakistan Business Council for comprehensive trade policy with India
Pakistan Business Council (PBC) has stated that prospects of normalization of relations between arch-rivals Pakistan and India seems a rare possibility in...
Chinese to withhold 20% PSX sale proceeds to meet possible default claims
The Chinese-led consortium that acquired controlling 40% stake of the Pakistan Stock Exchange (PSX) wants to hold 20 percent of the sale...
Power sector circular debt swells to a striking Rs 439b
The power sector circular debt has mounted to an alarming level of Rs439 billion as at  February 15, 2017. This has brought...
Pakistan to pay back $6.5b external debt over the next 15 months
Pakistan government has planned  the repayment of $6.5 billion external public debt in the next 15 months beginning February this year until...
Saudi Arabia wants oil prices to rise to around $60/barrel in 2017
Saudi Arabia wants crude oil prices to rise to around $60 a barrel this year, five sources from OPEC countries and the...
NAB criticized for reaching plea bargain with suspects of oil theft
A parliamentary panel has criticised the National Accountability Bureau (NAB) for reaching a plea bargain with people accused of oil theft worth...
Petrol prices likely to go up
Oil prices for the month of March are likely to go up, as the Oil and Gas Regulatory Authority (OGRA) has sought...
OGDCL declares Rs 30b, wins CSR award
Oil and Gas Development Company Limited (OGDCL) has earned Rs 30b profit in two-quarters of the current fiscal year and won the...
AJK Industrial Zone & Hydel Projects approved under CPEC
 President Azad Jammu and Kashmir Sardar Muhammad Masood Khan has stated that the industrial zone in Bhimber district and hydel power projects...
KPOGCL & HR-Ltd sign MOU for oil and gas related projects
Khyber Pakhtunkhwa Oil and Gas Company Ltd (KPOGCL), an independent company owned by the KP government, and Heritage Resources Ltd (HR-Ltd), a...