LPGDAP fears LPG crisis in winter season

Liquefied Petroleum Gas Distributors Association Pakistan (LPGDAP) Chairman Irfan Khokhar Tuesday feared crisis of LPG in the upcoming winter season after imposition...

SECP approves principles of corporate governance for non-listed companies

The Securities and Exchange Commission of Pakistan (SECP) has approved principles of corporate governance for non-listed companies (NLCs) to make business environment...

ADB extends $810m loan to help Pakistan address energy shortage

The Asian Development Bank (ADB) has approved an $810 million multi-tranche financing facility to develop Pakistan's power transmission system to improve the...

CPEC’s early harvest projects to complete by 2017-18

The early harvest projects under the China-Pakistan Economic Corridor (CPEC) are moving forward swiftly and first batch of projects including energy and...

ECNEC approves seven mega projects worth Rs 200 billion

Projects include Lahore-Sialkot motorway (Rs 45.3 billion), procurement of 75 diesel electric locomotives (Rs 45.5 billion), Balochistan-integrated water resource development project (Rs...

Water distribution: Dry season triggers tensions between Punjab, Sindh

Dry season and wide off-the-mark weather forecasts have triggered tensions between the upper riparian Punjab and lower riparian Sindh over water releases...

$18 billion projects in progress under CPEC, more in pipeline: Ahsan Iqbal

Minister for Planning, Development and Reforms Ahsan Iqbal said on Monday that out of $ 46 billion projects under the China-Pakistan Economic...

WAPDA chairman resigns

Water and Power Development Authority (WAPDA) Chairman Zafar Mahmood has resigned from his post on personal grounds. Sources said the WAPDA chief has...

Shanghai Electric bids for stake in K-Electric

China’s state-backed Shanghai Electric Power said it is bidding to acquire a stake in K-Electric Ltd, which has a total market value...

PEW lauds govt’s move to regulate real estate market

The Pakistan Economy Watch (PEW) Sunday praised Finance Minister Ishaq Dar for taking steps to regulate the real estate market which will...

ICST expresses concern over increasing current account deficit

The Islamabad Chamber of Small Traders (ICST) on Sunday expressed concern over widening current account deficit and asked the government to take...

Improvement in law and order boosts Pakistan’s tourism industry

Number of tourists visiting Pakistan to double to two million by 2025 Experts say tourism witnessed a boom in past few...

Inexplicable delays mar development of country’s first deepwater container terminal

South Asia Pakistan Terminal could more than double the country’s entire handling capacity. Bureaucratic delays cost millions in lost opportunity on...

Pakistan says ‘goodbye’ to IMF as final payment cleared

Pakistan and the International Monetary Fund (IMF) have successfully completed negotiations on the 12th and final review under the three-year Extended Fund...