Govt introducing fuel marking to prevent contamination of petroleum products

ISLAMABAD: To prevent contamination of POL products, Ministry of Energy (MOE) is seeking official consent of Economic Coordination Committee (ECC) to introduce...

Six per-cent of Pakistani’s paid 79pc of direct taxes during tax year 2016

ISLAMABAD: Data from Tax Directory 2016 revealed a meagre 6pc (65,000 Pakistani’s) of those who filed their income tax returns in tax...

Amazon’s dominance hasn’t knelt a death-blow to retail stores

NEW YORK: Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to...

Second LNG terminal set to commence operations by November 24th

ISLAMABAD: Preparations are complete for the opening of Pakistan’s 2nd Liquefied Natural Gas (LNG) terminal at Port Qasim as Pakistan LNG Terminals...

Wind power has 1.23pc share of energy mix in Pakistan

ISLAMABAD: Wind power now constitutes 1.23pc share of Pakistan’s energy mix and increased 0.46 percentage points by September 2017. Alternative Energy Development Board...

IPPs seek PM Abbasi’s help to avert financial crunch

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has been approached by Independent Power Producers (IPPs) to resolve a deadlock that resulted in the...

Battle heats up for replacement of Finance Minister Ishaq Dar

ISLAMABAD: A list of ministers to choose from for the coveted post of Finance Minister Ishaq Dari has been finalized by the...

Oil prices claw up, but register first weekly decline in six weeks

NEW YORK: Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S. crude pipeline...

Apple’s HomePod smart speaker launch delayed to early 2018

SAN FRANCISCO: Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said...

SBP formulating plan to promote SMEs banking

LAHORE: Small and Medium Enterprises (SMEs) banking is poised for a shakeup, as State Bank of Pakistan has decided to initiate a...

Govt trying to improve performance of PSM and PIA: Bosan

MULTAN: The incumbent government is trying its level best to improve Pakistan International Airlines (PIA) and Pakistan Steel Mills, said Federal Minister...

Naeem Zamindar appointed as new chairman BOI

ISLAMABAD: The cabinet has approved the decision to appoint Naeem Y Zamindar as the Board of Investment new Chairman. According to a state-issued...

FBR to focus on non-filers for improving tax revenue: Haroon Akhtar

ISLAMABAD: Prime Minister’s Special Assistant on Revenue, Haroon Akhtar Khan has said that Federal Board of Revenue (FBR) will facilitate taxpayers and...

Hazara Motorway project delayed for further six months due to technical issues

ISLAMABAD: Burhan-Hassanabdal and Havelian Expressway (E-35) also known as Hazara Motorway project have delayed for further six months as National Highway Authority...

Non-performing CEOs to be replaced if targets not met

ISLAMABAD: Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has directed that non-performing chief executive officers of the distribution companies...