Hubco completes acquisition of 37% stake in ThalNova

In April 2016, ThalNova had been granted a power generation licence for establishing a 330-megawatt coal-fired power plant at Thar coal mine south, Sindh

Alibaba wants Pakistani exporters to get listed on its B2B electronic portal

KARACHI: Alibaba Group, the Chinese e-commerce behemoth wants Pakistani exporters to get listed on its business-to-business (B2B) electronic portal, said a company executive on...

Sindh decrying its gas usage by Punjab, threatens legal action

Islamabad: Sindh which is irked by Punjab’s usage of its produced gas is considering legal action by filing a complaint in the Supreme Court.A...

NEPRA scales down power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) approved a reduction in power tariff of Rs 3.11 per unit on account of fuel adjustment...

Hascol Petroleum to set up storage facility in Baluchistan

Hascol Petroleum Limited has announced in a notice sent to the Pakistan Stock Exchange (PSX) that it has entered into a 30-year lease agreement...

Oil prices inch up, as tensions escalate in Middle East

SINGAPORE: Oil prices edged up on Tuesday, lifted by tensions in the Middle East, although rising output in the United States and shaky stock...

SECP intensifies efforts against terror financing

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has intensified its efforts to combat terror financing and money laundering. On the directives of...

Etisalat to pay longstanding $800mn to government

ISLAMABAD: Etisalat, holding the company of Pakistan Telecommunication Company Limited (PTCL), which is defaulting $800 million to the government, has finally agreed to pay off...

Govt to fully support early, sustainable LNG investments: Haroon Akhtar

ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar has said the government is committed to supporting early and sustainable investments in the...

Punjab Revenue Authority may seal other offices of Telenor Pakistan on account of alleged tax default

The Punjab Revenue Authority (PRA) on Thursday directed Telenor Pakistan to clear all its dues or face the prospect of their offices being closed...

Asian shares edge higher with Fed meeting in focus

Japan’s Nikkei 225 index added 0.8 percent to 21,536.85 and the Kospi in South Korea gained 0.3 percent to 2,074.51

Legal cigarette sales decline 7.4% in 2017: Oxford Economics

According to the report, actual government revenues were estimated to have increased by 8.3 per cent in fiscal year 2017/18, underpinned by an acceleration in legal domestic sales, which rose by an estimated 73.9% over the same period

CPEC to further enhance growing Pak-Iran relations

ISLAMABAD: The Ambassador of Pakistan to Iran Asif Durrani has said that the successful completion of China-Pakistan Economic Corridor (CPEC) would further boost Pakistan-Iran...

Govt reconstitutes EDB, appoints Almas Hyder as chairman

The industrial sector has felicitated the incumbent administrations' decision to reconstitute the EDB and voiced hope it will make all-out efforts for industrial growth

Mian Mansha brings Hyundai cars back to Pakistan

South Korean carmaker Hyundai Motor Co is expected to resume assembling of cars in Pakistan, according to a statement sent to PSX by Nishat...

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All you wanted to know about Pakistan’s e-commerce scene (but didn’t...

This article is the start of a series which will aim to provide the reader with an understanding of the e-commerce industry in Pakistan,...

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‘Like China and Taiwan, Indo-Pak trade should be kept away from...

The Pak-India Business Council (PIBC) has appreciated the government over its policies to promote trade between the two neighbouring countries.Talking to APP on Friday,...