Saudi Aramco doubles down on South Korea with $1.6 billion bet on Hyundai Oilbank
Saudi Aramco is already the biggest shareholder in South Korea’s No.3 refiner, S-Oil Corp, with a 63.41 percent stake, and the latest deal should help Aramco boost crude oil sales to Hyundai Oilbank, the South’s smallest refiner by capacity
Govt committed to facilitating investors, businesses for enhancing exports: Asad Umar
The finance minister highlighted the industrial sector has a significant role in the economy and measures were afoot to resolve their problems including those linked to energy
Oil falls on increased U.S. rig count, China industrial slowdown
International Brent crude oil futures were at $61.03 a barrel, down 61 cents, or 1 percent
Govt withdraws exemption allowing K-Electric to import furnace oil
K-Electric is the only power producer having a constant usage of 4000-5000 tons per day consumption of furnace oil
CPEC will continue fueling growth of Pakistan’s construction industry over next decade: Fitch Solutions
Improved transparency regarding CPEC projects will aid Pakistan’s efforts in the renegotiation of an IMF bailout, which if sanctioned could provide its struggling economy with much required economic relief, said Fitch Solutions
How to fix the Pakistani economy
Profit speaks to five of the nation’s top experts on what the government should do in order to get the economy humming again
Pakistan does not have a billion-dollar software company. Meet the man who wants to change that
Amir Wain is building i2c into a SaaS powerhouse that is rapidly turning into one of the country’s largest software exporters
PTI govt foregoes Rs125b to textile, fertilizer, power industries
---Previous govt had missed its actual GIDC collection target by an average 56pc
ISLAMABAD: The incumbent government has forgone approximately Rs125 billion to...
Orient Power Co all set to pay off SNGPL’s Rs800m in major ‘power’ war
ISLAMABAD: Orient Power Company (Private) Limited is ready for an out-of-court settlement with Sui Northern Gas Pipelines Limited (SNGPL) to clear approximately...
Investors at BQIP await utility services despite investing Rs35bn
'It is the responsibility of the Ministry of Industries and Board of Investment to ensure that the concept of one window...
Three new sugarcane varieties introduced
These varieties will give 40pc more yield and require 30pc less water to complete the growth cycle
FAISALABAD:Â Ayub Agricultural Research Institute (AARI)...
Pakistan Banao Certificate targeting overseas Pakistani’s to be launched on 31st January
According to details shared by the Finance Minister Asad Umar, the certificates would be of two types, one of three years offering 6.25% return and the other with five-year maturity offering 6.75% return
Freight trains HQ being shifted to Karachi
Minister says the entire Karachi-Peshawar track will be upgraded soon
KARACHI:Â Railways Minister Sheikh Rasheed Ahmed on Friday announced that Railway Headquarters of...
IT entrepreneurs urge govt to establish ‘tech zone’ in IslamabadÂ
'Inclusion of private sector in Pakistan Software Export Promotion Board imperative to improve its performance'
ISLAMABAD: Entrepreneurs from the IT sector have urged...
Is the mini-budget a ruse?
Measures announced in the mini-budget, the confusing stance regarding approaching the IMF could weigh heavily on the government's ability to tackle the issues threatening the economy