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...
LPGAP calls for consistent pricing policy, facilitation of local maunfacturers
LAHORE:Â The Liquefied Petroleum Gas Association of Pakistan (LPGAP) on Wednesday demanded from concerned authorities to formulate a consistent policy regarding pricing of...
Pakistani rice exporters benefit from increased market access in Indonesia
ISLAMABAD:Â After bilateral negotiations, the Ministry of Commerce was successful in getting greater market access for its exports into the Indonesian market.
According to...
FBR meets PSO leadership, discuss tax compliance and revenue generation
ISLAMABAD:Â As part of the Federal Board of Revenue's (FBR's) taxpayers outreach programme aimed at acknowledging the contribution of taxpayers and offering them...
Accord with ADB inked for power distribution
ISLAMABAD: Economic Affairs Division and the Asian Development Bank (ADB) have signed loan and project agreements worth $260 million for the Second...
LCCI urges SBP to control rapid surge in price of US dollar, fears economic havoc
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has demanded from the State Bank of Pakistan (SBP) to control the rapid...
Govt, Asian Development Bank sign agreements to enhance power transmission
ISLAMABAD:Â Government of Pakistan and Asian Development Bank (ADB) signed loan and project agreements amounting $260 million for the Second Power Transmission Enhancement...
Oil prices inch up, as tensions escalate in Middle East
SINGAPORE: Oil prices edged up on Tuesday, lifted by tensions in the Middle East, although rising output in the United States and...
Govt seeks changes to wheeling regulations to limit sale & purchase of electricity via dedicated feeders
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has been directed by Power Division to limit sale and purchase of electricity into national...
Govt gives go-ahead to construct Diamer-Bhasha dam
ISLAMABAD: After a prolonged delay, Pakistan on Monday gave go-ahead for the establishment of Diamer-Bhasha dam at an initial cost of Rs625...
POL products’ consumption up by 9.7 pc, production by 3.2 pc
ISLAMABAD: The consumption of petroleum products registered a growth rate of 9.7 per cent during the fiscal year 2016-17 as compared to...
One-window operation urged to avoid unnecessary delays in CPEC execution
ISLAMABAD:Â The government remains optimistic about CPEC amidst provincial and regional concerns of tax exemptions to a Chinese company and lack of clarity...
China, Belt and Road countries’ trade volume amounted to $1.1 trillion last year
BEIJING: Last year, trade volume between China and countries along the Belt and Road amounted to $1.1 trillion, up 14.8 per cent...
CDWP approves 34 projects worth Rs365.492 billion
ISLAMABAD: Central Development Working Party (CDWP) has approved 34 projects worth Rs365.492 billion out of which five projects worth Rs333.179 billion were...
Six-year transformation led by Dawood Hercules doubles Hubco generation capacity
LAHORE: Leading investment holding company Dawood Hercules Corporation has headed a six-year turnaround at Hubco during which the company invested in major...