Cement exports predicted to fall 15pc YoY: Topline security

Karachi: According to a Topline Security report, the country’s cement sales have started on a positive note during July, which is the...

Govt starts LNG supply to two fertiliser companies for rabi season ahead

ISLAMABAD: The federal government has started the supply of LNG to two fertiliser companies on an experimental basis, sources said Friday. At the initial...

SBP reserves dip 0.08pc, stand at 8.04bn

The foreign exchange reserves held by the State Bank of Pakistan decreased 0.08pc ($6 million) on February 22, according to the data...

Govt paid Rs598 billion domestic debt servicing costs during five months of FY 2017-18

KARACHI: Around Rs598 billion was paid on account of domestic debt servicing by the government during first five of financial year 2017-18,...

Neelum-Jehlum to produce electricity at full capacity from April

ISLAMABAD: Neelum Jhelum Hydroelectric Power Project is bracing up for full generation during the next high flow season that is due to...

Lame duck PML-N govt blocks building third LNG terminal

With competition nipped in the bud, the consumers shall pay the tab ISLAMABAD: The lame duck PML-N government, whose tenure ended on May 31,...

Oil prices creep up on expected OPEC cuts, but U.S. supply growth caps gains

International Brent crude oil futures were at $59.65 per barrel at 0533 GMT, up 14 cents, or 0.2 percent, from their last close

Brazilian ambassador visits FPCCI, urges enhanced bilateral trade

ISLAMABAD: Ambassador Federation Republic Of Brazil His Excellency Claudio Raja Gabaglia Lins, during his visit to the Federation of Pakistan Chamber of...

Govt committed to providing uninterrupted gas to export industry

Petroleum minister says zero-industrial units will be given Rs25 billion subsidy on gas for three months LAHORE: Petroleum Minister Ghulam Sarwar Khan said...

Uber president Jeff Jones quits, deepening turmoil

Ride services company Uber Technologies Inc has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing...

PTA expects people to pay 1,000pc duty on imported phones

ISLAMABAD: The Pakistan Telecommunication Authority's (PTA) website must be malfunctioning. Because if it is not then the policymakers on top have actually thought...

Power generation reaches record high of 17,720MW: Khawaja Asif

On Wednesday Minister of Water and Power, Khawaja Asif tweeted that a new record for power generation had been set which was recorded...

Govt likely to withdraw ‘Special’ tax regime extended to construction sector

The government is mulling withdrawing the special income tax regime that was allowed to builders and land developers in the previous budget...

FPCCI calls for using solar power for energy security

FPCCI said Sunday that Pakistan is blessed with enormous solar potential and it can generate around three million megawatts of electricity from...

NEPRA approves Rs0.41 per unit hike in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved an increase of Rs0.41 per unit in the electricity tariff. The decision was...