Pakistan extends duty free access for 67 per cent Chinese exports
ISLAMABAD: China has extended duty free access on 90 per cent Pakistani exports under Pak-China Free Trade Agreement (FTA)-2, while Pakistan has...
Pak Russia trade volume can go up: Dastgir
MOSCOW: Defence Minister Khurram Dastgir Khan has said that the there is a great potential between Pakistan and Russia for the enhancement...
PSO resumes furnace oil imports to curtail power outages in summer
SINGAPORE: Pakistan State Oil (PSO) this week issued its first fuel oil import tender for the year after suspending purchases at the...
Oil prices fall, after Trump threatens more tariffs on Chinese goods
SEOUL: Oil prices fell on Friday after U.S. President Donald Trump’s threat of new tariffs on China reignited fears of a trade war...
APTMA puts forward its proposal for upcoming federal budget
ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has put forward its proposal for the upcoming budget (FY 2018-19), demanding zero per cent...
NEPRA increases electricity prices by Rs2.04
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has made three electricity surcharges permanent, increasing the power prices by Rs2.04 per unit.
Earlier, the per...
Bahrain discovers an estimated 80 billion barrels of tight oil
MANAMA: A new discovery off the coast of Bahrain is estimated to contain at least 80 billion barrels of tight oil, the...
Pakistan’s largest private power producer has a new chairman & he plans to bring energy prices down to one third
LAHORE: As power prices surge in the country, Hubco Board Chairman, Habibullah Khan plans to provide electricity slightly above one-third of the...
Power sector to get another Rs50bn to smooth supply
LAHORE: The federal government in a bid to ensure uninterrupted energy supply during the upcoming summer and the holy month of Ramazan,...
Rupee devaluation contained, power crisis to be solved via privatisation: Miftah Ismail
ISLAMABAD: Adviser to Prime Minister on Finance Miftah Ismail has said what we were to do about the devaluation of rupee, we...
ICCI calls for decrease in sales tax on POL products
ISLAMABAD:Â The business community here on Tuesday urged the government to withdraw increases in sales tax on some petroleum products, since the price...
Hascol’s profit after tax rises 10.8pc YoY
LAHORE:Â In a notification to the Pakistan Stock Exchange (PSX) on Tuesday, Hascol Petroleum Limited declared its financial results for the year ended...
SNGPL and SSGCL recover losses from stolen gas by charging extra from consumers
ISLAMABAD: Following an approval from the Oil and Gas Regulatory Authority (OGRA), two state-owned gas utilities, SNGPL and SSGCL, are annually charging...
Pakistan’s mystery billionaire
“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him...
Bahrain discovers biggest oil field in its history
DUBAI:Â Bahrain on Sunday announced it has discovered the largest oil and gas field in the history of the small kingdom, which unlike...