Cumulative output of Port Qasim power plant exceeds 7.5 billion kWH

The tariff of Port Qasim power plant is below the average tariff level in Pakistan

‘Textile sector to be developed with trained workforce’

ISLAMABAD: Adviser to the Prime Minister on Commerce Abdul Razzaq Dawood has vowed to develop the textile industry on modern lines. Chairing a meeting...

Energy task force chairman allegedly owes Rs800m to SNGPL

London Court of Arbitration had ordered Orient Power to make payments to SNGPL ISLAMABAD: Energy Reforms Task Force Chairman Nadeem Babar, the alleged...

KSA will invest $10bn in Gwadar, petroleum minister reiterates

'Saudi Arabia will set up an oil plant that will refine over 200,000-300,000 tonnes oil per day' Saudi Arabia will invest $10 billion...

Sh Rasheed invites Turkish rail companies to invest in Pakistan

ISLAMABAD: Railways Minister Sheikh Rasheed Ahmed said on Monday that Pakistan Railways has a great potential to develop connectivity in the region...

Realme C1 – An entry level smartphone and a better choice

Sponsored Content Realme, an emerging smartphone brand that specialises in providing high quality smartphones, has launched in Pakistan on January 02, 2019. The company...

TPL Properties signs MoU with Equitativa to establish first RMC in Pakistan

The agreement marks first foreign direct investment in real estate sector after amendments in regulations ISLAMABAD: TPL Properties has signed a memorandum...

Additional revenue measures of up to Rs150 billion expected in upcoming mini-budget: Report

The brokerage house said the hike in interest rate by 425 basis points and rupee devaluation of 24% since December 2017 have cumulatively increased annual debt servicing requirement of government by Rs700-800 billion

Oil slides on China trade slump, but crude imports remain high

International Brent crude oil futures were at $59.91 per barrel at 0403 GMT, down 57 cents, or 0.9 percent from their last close

China requested to remove 1320MW power project from CPEC

Also, hundreds of other schemes coming under the ambit of the Public Sector Development Programme (PSDP) will also be shelved

The next phase of the milk wars

Engro Foods and Nestlé Pakistan have been engaged for years in a stiff competition for a share of the Pakistani consumer’s wallet, but the hard part is yet to come

Why Pakistan’s cotton value-chain has begun to atrophy

The industry blames a lack of government support, but capital appears to be shifting away from manufacturing, and the economics of growing other crops is better than that of cotton

Rashakai Special Economic Zone to be inaugurated in first quarter of 2019

BEIJING: Rashakai, one of the nine Special Economic Zones (SEZ) prioritised under the China-Pakistan Economic Corridor (CPEC) framework is likely to start...

Cement sales increase by 21pc in south region

ISLAMABAD: The sale of cement in the southern region of the country has increased by 21 per cent from 3.38 million tons...

Zimbabwe plans new currency as dollar shortage bites

HARARE: Zimbabwe will introduce a new currency in the next 12 months, Zimbabwe finance minister said, as a shortage of United States...