Pakistan eyes 2018 start for China-funded Diamer-Bhasha dam
Islamabad: Pakistan expects China to fund a long-delayed Indus river mega dam project in Gilgit-Baltistan, part of disputed Kashmir, with work beginning next year,...
FBR extends deadline to file tax returns
The Federal Board of Revenue (FBR) today announced the extended deadline to file tax returns by one month.
The returns can now be filed until September...
Imports of mobile phones rise 14.51pc in 8 months
ISLAMABAD: Imports of mobile phones in the country during the first eight months of fiscal year 2017-18 increased by 14.51 per cent as compared...
Dewan Cement finally strikes deal with Mega Conglomerate after roller coaster week
LAHORE: A bourse notification filed Wednesday by BMA Capital Management Limited disclosed that Mega Conglomerate (Pvt) Limited was acquiring 87.5 percent majority stake in...
OGDCL, MOL Group sign MoU on strategic cooperation
ISLAMABAD
The Oil and Gas Development Company Limited (OGDCL) and MOL Group have announced forming a strategic cooperation initiative for evaluating future potential business opportunities...
‘Mystri’ app connecting workshops with car owners
LAHORE: One of the largest internet broadband and cable provider in the country, Wateen, has recently stepped into the e-commerce and digital domain, launching...
KE obtains stay-order against NEPRA’s decision
KARACHI: K‐Electric (KEL) has obtained stay order against NEPRA’s decision of July 5 from the Sindh High Court (SHC), says a notice of KE...
FBR bends over backwards to relax duty payments for PGP Consortium
ISLAMABAD: Pakistan GasPort Consortium Limited (PGPC) will clear customs duty on import of Floating Storage and Re-gasification Unit (FSRU) within one year period as...
Solar energy adoption could save Pakistan around 6,000MW of electricity
LAHORE: Promotion of solar energy can save up to 6,000 megawatts of electricity of the national grid, besides reducing load from the power distribution system.
Institute of Electrical and...
Bachaa Party – Pakistan’s first kids only shopping mall opens in Karachi
On the back of booming retail industry in Pakistan – growing at the rate of 8% per year – and improving law and order...
Cement industry capacity utilisation touches 95 per cent
According to data released by All Pakistan Cement Manufacturers Association (APCMA), the industry despatched 4.237 million tonnes of cement in April 2018 that was 17.46 per cent higher than the despatches of 3.576 million tonnes achieved during the corresponding month of last fiscal.
Oil and gas sector to be focus of attention in today’s ECC meeting
Islamabad: The first meeting of the reconstituted Economic Coordination Committee (ECC) has been called on Tuesday, by the PM Shahid Khaqan Abbasi.
The meeting is...
Marble industry seeks relief package to boost exports, jobs
ISLAMABAD: The All Pakistan Marble Industries Association on Tuesday sought government’s support for the development of the marble industry, which has potential to earn multi-billion...
Additional revenue measures of up to Rs150 billion expected in upcoming mini-budget: Report
The brokerage house said the hike in interest rate by 425 basis points and rupee devaluation of 24% since December 2017 have cumulatively increased annual debt servicing requirement of government by Rs700-800 billion
Meezan Bank announces Rs2.34bn Q32018 profit after tax
LAHORE: Meezan Bank in a notification to the Pakistan Stock Exchange (PSX) released its financial results for the quarter ended March 31, 2018, announcing...
