Indus Motor’s contributions to economy lauded
IMC chief urges govt to encourage local manufacturing of auto parts as it will generate employment and create a sustainable value...
Petroleum minister hints at establishing LNG storage facility
ISLAMABAD:Â Petroleum Minister Ghulam Sarwar Khan has hinted at establishing a liquefied natural gas (LNG) storage facility to maintain the strategic stock of...
Govt working to increase renewable energy share to 30% by 2030: Power Minister
Mr Khan briefed the Ambassador regarding initiation of smart meter projects in various distribution companies and invited the Chinese investors for manufacturing the same in Pakistan
Naubahar Bottling interested in acquiring 98.23% stake in Baba Farid Sugar mills
The company was founded in 1978 and is based in Lahore and is a subsidiary of Pattoki Sugar Mills Limited
Power generation fell by 0.6% YoY during December 2018
However, the share of furnace oil (FO) based generation exhibited a significant decline to 12.1% from 29% in December 2017
State Life Insurance endorses education for boys, marriage for girls
State Life Insurance, a government-owned life insurance company that is the largest insurance provider nationally, has employed all cultural stereotypes in an advertisement for...
Record U.S. crude production weighs on oil prices
International Brent crude oil futures were down 34 cents, or 0.6 percent, at $60.98 per barrel
Pace of credit growth in Pakistan’s banking sector to slow, NPLs to rise: Fitch Solutions
Its projected loan growth at 13% in 2018, down from a forecast 15% in 2018, said the research agency
Russia willing to invest $2 billion in Pakistan’s water and power projects
The firm has expressed interest in investing in water and power projects which include 7,100MW Bulji, 2,200MW Tangus, 800MW Mohmand Dam, 52MW Nauseri and 2,800MW Yulbo projects
Petroleum minister briefed on pace of offshore drilling at Indus G-Block
Exxon Mobil Chief Executive Officer Irtiza Syed on Wednesday briefed Petroleum Minister Ghulam Sarwar Khan on the pace of ongoing exploration activity...
‘Confiscated cellphones could be released after payment of duty’
The government announced on Wednesday that mobile phones that have been seized or voluntarily presented to Customs authorities after January 15, could...
Govt urged to help traders export potatoes to China
ISLAMABAD:Â As China has reportedly agreed to initiate the process of potato import from Pakistan after the latter fulfilled the sanitary and phytosanitary...
Distribution companies seek 63 paisa per unit power tariff hike
NEPRA has called a hearing on 23rd January to consider the proposed adjustment for December 2018
ISLAMABAD:Â Power distributing companies (DISCOs) have asked...
Special police stations to be set up at all gas regions
SNGPL and SSGC may even request services of paramilitary forces, including Rangers, to curb gas theft and arrest culprits
ISLAMABAD:Â In a move...
Meiji’s brand activation at the Karachi Eat Festival causes storm on social media
In a recent post on Facebook, a user posted pictures of Meiji's brand activation activity held this Sunday, January 13 at the...