Seven Pakistani entities added to US export control list
The United States has added seven Pakistani companies to a list of foreign entities that are subject to stringent export control measures, according to online...
Oil price crosses $70 as Iran deal tensions linger
DOHA: Crude oil prices posted their biggest weekly gain in eight months with rising geopolitical risk in the Middle East threatening security supply once...
Oil, food, transport imports grow 29pc in July-February
LAHORE: Pakistan’s oil, food and transport import bill amounted to $16.2 billion in the first eight months of the current fiscal year, witnessing a...
Delay in work on Diamer-Bhasha Dam expected due to slow resettlement
LAHORE: Despite disbursement of Rs88 billion for $14 billion Diamer-Bhasha Dam, only 20 per cent resettlement has been completed by the government so far,...
Power consumers likely to get relief of Rs2.19 per unit for Feb
ISLAMABAD: Power consumers in the country are likely to get a relief of Rs2.19 per unit in lieu of a fuel price adjustment formula for...
Govt in a fix over impending peak electricity season
LAHORE: Speaking to Pakistan Today, sources in the ministry have said that a one-off payment of circular debt is strongly being considered by the government...
Oil prices push up, as Saudi Arabia says production curbs could last into 2019
SINGAPORE: Oil prices rose on Friday, pushed up by Saudi statements that OPEC and Russian led production curbs that were introduced in 2017 will...
Asia’s LNG market experiencing shakeup as new countries start importing
LAHORE: Asia's LNG market that had long been dominated by Japan and South Korea is undergoing a transformation as Pakistan and Thailand have increased their...
Domestic gas, RLNG share in total power production rises to 43.17 percent
KARACHI: The share of eco-friendly gas and re-gasified liquefied natural gas (RLNG) in power generation has risen to 43.17 percent in February 2018, revealed...
Govt decides to re-levy three surcharges on power consumers
ISLAMABAD: The government in line of recommendations made by the International Monetary Fund (IMF) has decided to re-enact three surcharges on power consumers.
The National...
Oil prices inch up, as U.S dollar weakness persists
SINGAPORE: Oil prices rose on Thursday, lifted by a surprise draw on U.S. crude inventories as well as ongoing dollar weakness which makes oil...
Federal govt to set up Institute of Petroleum Technology in District Karak
PESHAWAR: The federal government will set up the Institute of Petroleum Technology at a cost of Rs2 billion in District Karak approved by the...
LPGAP calls for consistent pricing policy, facilitation of local maunfacturers
LAHORE: The Liquefied Petroleum Gas Association of Pakistan (LPGAP) on Wednesday demanded from concerned authorities to formulate a consistent policy regarding pricing of local LPG...
Pakistani rice exporters benefit from increased market access in Indonesia
ISLAMABAD: After bilateral negotiations, the Ministry of Commerce was successful in getting greater market access for its exports into the Indonesian market.
According to officials of...
FBR meets PSO leadership, discuss tax compliance and revenue generation
ISLAMABAD: As part of the Federal Board of Revenue's (FBR's) taxpayers outreach programme aimed at acknowledging the contribution of taxpayers and offering them further help...
