Tobacco farmers urge NA speaker to help resolve ‘advance tax’ issue

LAHORE: Tobacco farmers and industrial workers have requested National Assembly Speaker Asad Qaiser to play his role against the imposition of advance...

Oil drops as surprise US stock build douses demand recovery hopes

Oil prices slid for a second consecutive session on Thursday as US industry data showed a steep and surprising build-up in crude...

Covid-19: Zafar urges factory, mill owners to ensure safety of workers

Special Assistant to the Prime Minister on Health Dr Zafar Mirza has urged the factory and mill owners to ensure standard operating...
Energy

Record drop in energy investment, warns International Energy Agency

The coronavirus crisis is causing the biggest fall in global energy investment in history. Before the pandemic, funding was set to rise 2%,...

CMAP suggests measures to generate Rs260bn annual revenue from tobacco industry

LAHORE: As Pakistan continues to lose billions of rupees every year due to illicit tobacco trade, the high-handedness of multinational companies and...

NTDC energises 500kV transmission line for Faisalabad west grid station

The National Transmission and Despatch Company (NTDC) is completing its ongoing projects on a fast-track basis through effective utilization of resources despite...

Easing lockdown, Spain to reopen for tourism in July

MADRID: Spain will reopen its borders to tourists in July and its top soccer division will kick off again in June, the...

BoI recommends additional incentives for SEZ developers

ISLAMABAD: The Board of Investment (BoI) has devised a plan to give incentives to the developers and enterprises of the special economic...

Patari appoints new CEO amid allegations of merit violation, nepotism

--Company's senior official shuns allegations, says recruitment process was completely transparent  --CEO Zarlasht Faisal says she is poised to take company towards greater...

‘Construction industry package to help uplift real estate sector’

ISLAMABAD: President Dr Arif Alvi said on Thursday that the government’s recently announced incentive package for the construction industry would also help...

NESPAK-led JV wins Diamer Bhasha Dam’s consultancy contract

Lahore: A National Engineering Services Pakistan (NESPAK)-led joint venture has won the consultancy contract of Diamer Bhasha Dam Project through competitive bidding.  The...

Growers, textile millers differ over intervention price of seed cotton

LAHORE: The federal cabinet while opposing the decision of the Economic Coordination Committee (ECC) has asked to review its decision of rejecting intervention...

Repair of Tower: NTDC to partially suspend power in Islamabad, Rawalpindi areas

LAHORE: The repair work on the tower of 500kV Rawat–Neelum Jhelum Transmission Line will be carried out on May 20-21, the spokesman...

Tractor manufacturers seek timely subsidy, ST refunds to revive sales

ISLAMABAD: The tractor industry on Tuesday expressed hope that the announcement of subsidy on sales tax on the locally-manufactured tractors for a...

GSK to discontinue manufacturing, supply of Zantac products

LAHORE: Pharmaceutical company GlaxoSmithKline Pakistan Limited (GSK) has decided to discontinue the manufacture and supply of the Ranitidine brand (Zantac), informed the...