Pakistan clears LNG diversion plan for 2026, allowing Qatar and ENI to reroute 35 cargoes

Government approves long-delayed annual delivery plan as declining gas demand prompts cargo diversions, cost savings and restored supply of cheaper local gas

FBR notifies new procedures for secure movement of imported machinery to tribal industry

New procedure reinforces tracked movement of industrial inputs to tribal area units under Sales Tax Act concessions, with clearance through Azakhel Dry Port

Russia ready to assist Pakistan Steel Mills expansion

Russia has offered assistance in the expansion of Pakistan Steel Mills (PSM). The 200 Russian companies are keen to explore opportunities in Pakistan, a top Russian leader said here on Friday.

Report warns Karachi textile workers face dangerous heat exposure as factories lack cooling and safety measures

Climate Rights International investigation links heat stress, unpaid recovery and global brands’ suppliers

Nepra approves revised uniform tariff for FY 2025-26 amid industry concerns

New tariff set at Rs 31.59/kWh, a reduction from Rs 32.73/kWh; concerns raised over impact of tariff changes on industries and continued reliance on government relief

What happened to Hascol at the Sindh High Court?

A recent mistake by the execution branch of the Sindh High Court has brought the case of a debt owed by Hascol to MENA Energy back into the limelight. The details raise more questions than answers

China to welcome Pakistan for collaboration in aerospace industry

BEIJING: China will welcome Pakistan for joint collaboration to find a prominent place in the global aerospace industry, officials said on Thursday. The two...

Govt to facilitate local construction industries for economic revival

CAP requests planning minister to establish a Construction and Infrastructure Development Board  ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has underlined...

Pakistan Furniture Council signs three MoUs with Chinese companies

ISLAMABAD: Pakistan Furniture Council (PFC) on Monday inked three memorandums of understanding (MoUs) with Chinese companies for consultations in the furniture sector, transfer...

How do petrol pumps make money?

After all of the hullabaloo surrounding the increase in margins, how does the petrol pump business model even work?

CDNS unearths largest-ever ‘scam’ of Rs200 million

Internal control weaknesses, lack of reconciliation of data held in manual and computerized database led to the discovery of this fraud

Why did the Pakistani govt increase fuel prices, despite a drop in global oil price?

Recent fuel price hikes have left many scratching their heads as global pressures settle down

Petrol, diesel prices slashed by Rs2 for April 2018

ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...

Fire breaks out at Colgate Palmolive’s Kotri factory

LAHORE: A bourse notification filed Thursday by Colgate Palmolive (Pakistan) Ltd revealed a fire broke out at its Kotri factory, which damaged...

Power demand shrinks 3.6% in FY25 due to tariff hike, weak industry

Electricity consumption in Pakistan declined by 3.6 percent during the first nine months of the ongoing fiscal year, reflecting the impact of...