‘Ceramics unit in Bhalwal Industrial Estate to be operational by March 2020’
The first foreign ceramics factory has started the construction of its one-of-a-kind ceramics unit with an investment of $70 million in Bhalwal Industrial Estate....
TDAP to participate in Frankfurt’s Heimtextil trade fair in 2021
ISLAMABAD: The Trade Development Authority of Pakistan (TDAP) will participate in the Heimtextil trade fair to be held in Frankfurt from January 12 to...
Petroleum crude exports increase by 52.76pc
ISLAMABAD: Country’s petroleum crude exports increased by 52.76 per cent during the first quarter of the current fiscal year (July-September) as compared to the...
Govt approves termination of power deals with five IPPs
This decision is expected to save Rs60 billion annually for consumers, and Rs 411 billion for the national kitty; PM terms it the beginning of a larger process
Commerce ministry wants traders to reap potential FTA benefits
Faced with the dwindling exports for the fourth consecutive year in office, the Commerce Minister Khurram Dastgir has directed the commerce officials to shift...
AEDB signs agreement for 11 wind power projects
Alternative Energy Development Board (AEDB) has signed an agreement for the construction of 11 wind power projects which would generate 550 megawatts electricity.
According to...
Mobile Banking, Internet Banking flourishing in Pakistan
ISLAMABAD: A total of 2.3 million Internet Banking users have been registered by end of June 2017, showing a reasonable annual growth in volume...
Govt seeks extension on $15.4m energy debt
Restructuring could lower energy costs by Rs3 per unit, easing the burden on consumers
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 stockpiles, dampening...
Negotiations in final stages with Saudi Arabia for $8 billion Gwadar refinery
Mr Sarwar shared the visiting Saudi delegation had been offered to be a part of the $2 billion North-South Gas pipeline and bid for the forthcoming 10 petroleum exploration blocks set to be auctioned soon
G20 energy ministers to hold video conference on Friday
Energy ministers from the Group of 20 major economies will convene an extraordinary meeting by video conference on Friday “to ensure energy market stability”,...
NEPRA takes up periodic PPP adjustment of six DISCOs Friday
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) is set to take up on Friday the periodic adjustments on account of power purchase price (PPP)...
IT security, monitoring system to help avert hacking attempts: SBP
ISLAMABAD: A spokesperson of the State Bank of Pakistan (SBP) on Sunday, while speaking about the recent hacking attempts on banks said that focusing...
Tractor production falls 35pc in 1HFY20
ISLAMABAD: The manufacturing of farm tractors in the country decreased by 35.84 per cent to 16,661 units during the first six months of the...
Petroleum Division seeks up to 200pc hike in gas prices for domestic consumers
'The hike in gas prices, if approved without any changes, will put an additional burden of Rs175bn on consumers'
The Petroleum Division has sought...
