Pakistan LNG says Gunvor, Trafigura, Vitol qualify to supply spot LNG
Pakistan LNG is seeking three LNG cargoes for delivery over Jan. 21-22, Feb. 3-4 and Feb. 21-22
Huawei founder’s daughter arrested on U.S. request, puts trade war truce in doubt
Huawei confirmed the arrest in a statement and said that it has been provided little information about the charges, adding that it was “not aware of any wrongdoing by Ms Meng”
PGP still interested in establishing Pakistan’s third LNG terminal
The AG chairman declared the terminal will be commissioned in the 1st quarter of 2020
Asian shares skid as Huawei CFO arrest revives trade jitters
Hong Kong’s Hang Seng index tumbled 2.6 percent to 26,117.28 and Japan’s benchmark Nikkei 225 fell 2.1 percent to 21,435.96
Pakistan’s steel industry reeling, as smuggling soars
NTC anti-dumping duties haven’t thwarted the imports, as Pakistan retains its status as a favourite for the dumping of goods by Iran, Russia, China and some European countries
Oil prices dip as stock markets slide, but trading tepid ahead of OPEC meeting
International Brent crude oil futures were down 7 cents, or 0.1 percent, at $61.49 per barrel
NAB to expand investigation into Rs60 billion tax evasion by cigarette industry
The Auditor General of Pakistan (AGP) office said the cigarette industry was involved in tax evasion to the tune of Rs33 billion
Rs82 billion plan unveiled for the agriculture sector
Talking about crop yield, Mr Sultan shared an investment of Rs4 billion will be done via promoting mechanisation
Govt developing export-oriented policies to enhance exports
Secretary Textile said energy tariffs for export industries were being subsidized to secure their competitive edge in the international market
LPG prices not to be increased, says Sarwar
Ghulam Sarwar made a task force under Babar Nadeem, which would make recommendations on issues of oil refineries and would present the recommendations in next CCoE
Trump asks OPEC not to cut production
WASHINGTON: US President Donald Trump on Wednesday urged OPEC members not to slash production at their upcoming meeting, saying global oil prices should...
Economic benefits of low-income housing highlighted
ISLAMABAD: Investment in low-income housing would bring “massive” economic benefits to Pakistan, according to a new study published by Karandaaz Pakistan and funded...
Food industry suffers amid centre, provinces tussle
ISLAMABAD: The creation of various food authorities and subsequent enforcement of different laws by provinces have started impacting interprovincial trade across the country.
As...
Federal cabinet to decide subsidy for captive power plants tomorrow
ISLAMABAD: In an apparent bid to provide a subsidy to “influential” owners of captive power plants, the Petroleum Division, on the advice of the...
‘Pakistan can achieve 30pc renewable energy generation by 2030’
As renewable energy is now the cheapest form of electricity generation in Pakistan, the government could reduce its reliance on expensive power...