Proposed duty waiver on marble products in Pak-China FTA to hurt domestic industry
ISLAMABAD: As the government has reportedly agreed to allow a duty waiver on marble products from China under the second phase of...
Post recovery, Byco set to become Pakistan’s largest fuel refiner
It is a breezy Friday afternoon in Mauza Kund, Hub (Balochistan), about 50 kilometers west of Karachi and a stone’s throw from...
As stocks ramp up and tariffs loom, aluminium hits 3 month low
LONDON: Aluminium slid to a three-month low on Thursday, hurt by a rise in stocks, the prospect of looming US import tariffs,...
Central development working committee meeting to be held this week
ISLAMABAD:Â The Central Development Working Committee meeting is scheduled to be held this week.
According to details, costly projects worth billions of rupees would...
Govt to hire professionals to solve governance issues in power sector
ISLAMABAD:Â In order to address governance problems in ten power distribution companies (DISCOs), the government has decided to hire sound and experienced professionals...
CPEC to make Pakistan industrial hub in South Asia: Ahsan Iqbal
ISLAMABAD: Minister for Planning, Development and Reform Ahsan Iqbal has said that Pakistan would soon become an industrial hub in South Asia,...
Govt working to enhance GDP, exports: Miftah
ISLAMABAD: Advisor to the Prime Minister on Finance Miftah Ismail has said that the government is working to enhance gross domestic product...
Green development is key to ‘Belt and Road’ initiative: Minister
BEIJING: Green development is the only way to achieve a promising future in the cooperation and social development of countries involved in...
Brent crude touches two-week highs, as oil prices rise
NEW YORK: Oil prices jumped on Friday, with Brent crude futures hitting their highest in more than two weeks as U.S. stock...
Dawood Hercules concludes divestment of 15.7 percent stake in HUBCO
LAHORE: In a notification sent to the Pakistan Stock Exchange by Dawood Hercules Corporation Limited on Friday revealed divestment of its 15.7...
Exxon Mobil, Energas planning to setup 3rd LNG terminal in Port Qasim
ISLAMABAD: Exxon Mobil in partnership with a consortium of Pakistan’s biggest businesses is planning to build Pakistan’s third import liquefied natural gas...
Power ministry orders inquiry against overbilling
ISLAMABAD: Ministry of Power Division has ordered an inquiry against Hyderabad Electric Supply Company (HESCO) Chief Executive on sending high electricity bills...
Pakistan’s foreign exchange position stable: spokesman finance division
ISLAMABAD: The Finance Division Spokesman has said that the foreign exchange position of Pakistan is stable and the news titled "Pakistan's net...
PIAF rejects government’s plan to raise gas prices
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has rejected plans by the government to increase gas prices by 5 to 7 per...
Energy sector debt out of control
ISLAMABAD: For the first time in the history of the country, circular debt in the power sector has crossed a staggering figure of Rs977 billion.
According...