NEPRA seeks details of foreign contractors engaged with K-Electric
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday directed K-Electric (KE) to submit details of contractors engaged with KE and also asked...
Wheat stock estimated at 28.16m tonnes, well over national requirements
ISLAMABAD: The Federal Committee on Agriculture (FCA) was informed that wheat production for 2018-19 has been estimated at 25.16 million tonnes from an area of...
Pakistan’s food & oil imports spike up 26 percent
ISLAMABAD: The country’s food and oil import bill increased 26 percent on a year-on-year basis, touching $11.6 billion during first seven months of current...
Delays caused Neelum-Jhelum project cost to balloon to Rs500 billion
The cost of this project had been revised upwards to Rs404 billion from Rs275 billion in December 2015 by the present government
Tobacco exports dip 17pc in 11 months
ISLAMABAD: The export of tobacco from the country witnessed a decrease of 17.87 per cent during the first eleven months of the fiscal year...
Poultry industry asks govt to allow free market price mechanism
LAHORE: The Pakistan Poultry Association (PPA) on Tuesday urged the government to allow a free market mechanism to function and regulate demand, supply and...
Lahore, the costliest city to live in Pakistan: SBP
KARACHI: Inflation monitor data from State Bank of Pakistan revealed Lahore has the highest inflation compared to other cities across the country.
Inflation on a...
Gwadar free zone being modelled after China’s Shekou Industrial Zone
BEIJING: Gwadar Port free zone would be modelled after the Shekou Industrial Zone in Shenzhen, China, comprising a port, an industrial park, and residential and...
Cabinet ratifies ECC’s decision to discharge pending liabilities of Power Division
ISLAMABAD: The federal cabinet has ratified the Economic Coordination Committee's decision to discharge liabilities of the power division related to M/s Karkey arbitration in...
Oil prices rise as Trump flags deeper output cuts
Oil prices rose Tuesday after US President Donald Trump said producers are considering cutting 20 million barrels per day — more than double the...
Danish firm launches mining training program for Pakistani engineers
FLSmidth partners with government to boost skills and sustainable development
ADB $900m loan faces bureaucratic hurdles and procedural delays
Islamabad: A local newspaper reported that $900m Asian Development Bank (ADB) funding approved for Pakistan has been affected by bureaucratic hurdles and complex procedural...
Covid-19: Big industry contracts over 24pc in May
ISLAMABAD: Due to the Covid-19 outbreak and exchange rate depreciation, the large-scale manufacturing (LSM) output declined by a record 24.8pc year-on-year in May, according...
PEL, Waves resume plant operations from today
The Pak Elektron Limited (PEL) and Waves Singer Pakistan Limited have announced to resume plant operations from today as per relaxations given to electric...
Massive closure, job losses loom as APTMA demands competitive energy tariff
APTMA Chairman warned that withdrawing the RCET would lead to a loss of $10bn in exports annually
