Loan agreement for Tarbela-V extension signed with WB and AIIB

 by AMER SIALThe World Bank (WB) and Asian Infrastructure Investment Bank (AIIB) on Wednesday signed a loan agreement for the 1410 MW Tarbela-V Extension...

Parliamentary panel recommends setting up competitor to NESPAK

 by AMER SIALNot satisfied with the working of the national consultancy firm, National Engineering Services Pakistan Private Limited (NESPAK), the National Assembly Standing Committee...

Senate passes Benami Transactions (Prohibition) Bill

 The Senate on Tuesday passed “The Benami Transactions (Prohibition) Bill, 2016” for the prohibition of holding property in benami.Minister for Law Zahid Hamid, who moved...

Balochistan govt bans transfer of land in Gwadar for three months

 Balochistan government has imposed a ban on the transfer of land in Gwadar; Planning Ministry and Gwadar Development Authority (GDA) along with an international...

SBP exempts exchange companies from selling 10% dollar to interbank market

Exchange Cos were bound to sell 10% dollar to the banks against other currencies exportsThe State Bank of Pakistan (SBP) on Tuesday gave...

OGRA asks gas companies to address low gas pressure complaints

For the first time, the Oil and Gas Regulatory Authority (OGRA) has intervened on the behalf of its consumers and directed both state-owned Sui...

Govt approves upto Rs2 litre hike in POL prices

The government on Sunday jacked up per litre price of high-speed diesel (HSD) by Rs2 and petrol by Rs1.77 which will be effective from...

CDNS, NIFT launch modern customer facilitation plan

 The Central Directorate of National Savings (CDNS) has launched its modernisation plan in collaboration with National Institutional Facilitation Technologies (NIFT), for facilitating the customers.According...

Seven SEZs so far established to facilitate investors

 The government has so far established seven Special Economic Zones (SEZs) in the country to facilitate the domestic and foreign investors to invest in...

Dar directs FBR to meet FY16-17 target

 Finance Minister Ishaq Dar on Friday directed the Federal Board of Revenue (FBR) to undertake all necessary efforts to make up the revenue shortfall...

Khurram Dastageer visits Pakistani Textile stalls at Heimtextil Frankfurt

After announcing a package of Rs 180 billion and other rebates in the textile package, Minister of Commerce Khurram Dastageer, visited Heimtextil Fair, Frankfurt...

Pak, Iran, Turkey establishing road, rail networks to boost trans-regional trade

 In a major plan to develop rail and road networks for boosting trans-regional trade, Pakistan-Iran-Turkey road and rail corridor is being operationalised in order...

Rs25b allotted for gas infrastructure development, IP gas pipeline

The government has allocated Rs 25 billion for the development of gas infrastructure across the country, including the much-awaited Iran-Pakistan (IP) gas pipeline project.“An...

Agriculture production cost reduces by 5-10%: API

The cost of agriculture production has been reduced by 5-10 percent due to various incentive packages introduced by the government.“If these measures continue next...

PM directs NHA to ensure transparency in road projects

 Prime Minister Muhammad Nawaz Sharif on Thursday directed National Highway Authority (NHA) to ensure transparency and quality of work in the execution of infrastructure...

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