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...
Pakistani, Polish firms to cooperate on upstream projects
WARSAW: Poland’s leading gas company, PGNiG, has agreed with Pakistan’s Mari Petroleum Company to cooperate on upstream projects, PGNiG said on Monday.
“This...
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...