Govt devising policy to attain target of 15 million cotton bales by end of 2019
The government is mulling an increase in funding for agricultural research from existing 0.2% to 1%
Pakistan coal imports projected to soar to 30m tons by 2020
The demand for cement manufacturers was projected to increase by 2.0 million tons, whilst coal-fired power plants would require 8 million tons by 2020
Committee recommends 20% income tax rate on SME sector
The suggested tax regime offers huge incentives to SME firms and offers to levy 20% income tax rate compared to 29% for the bigger entities in the tax year 2018
OGRA set to charge consumers with Rs1.1bn on account of gas theft
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has approved to charge the gas consumers with Rs1.1 billion on account of 2.6pc gas...
RLNG prices decreased by over 10pc
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Monday notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the Sui Northern...
World Bank President Jim Yong Kim resigns
WASHINGTON: World Bank Group President Jim Yong Kim will resign effective February 1, more than three years ahead of the expiration of his...
PIAF seeks 10pc reduction in gas tariff for local industry
LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has said that the cost of doing business has increased manifold, which would lead...
Govt urged not to deprive Sindh of its constitutional right in supply of gas
APTMA chief says low gas pressure is causing disturbance in production lines, delays in exports and damages to costly plants and...
Japan rebounds, Asia jumps on US data as trade talks begin
Japan’s benchmark, bouncing back from steep losses last week, started the day trading over 3 percent higher
Oil prices rise more than 1% on trade talks, supply cuts
Financial markets were being lifted early on Monday on expectations that face-to-face trade negotiations between delegates from Washington and Beijing, due to start on Monday, would lead to an easing in tensions between the two biggest economies in the world
Govt directs domestic refineries to use ‘deemed duty’ for upgradation of facilities
According to a notification issued by the Ministry of Energy (MoE), the government has directed refineries to sign commercial agreements with power producers for using their capacity for furnace oil storage
SBP likely to keep interest rates unchanged for remainder of FY18-19: Fitch Solutions
It warned from a long-term perspective, money and credit growth remain troublesome and indicate inflation pressures are probably going to remain fairly high
Abraaj nears deal to offload its 66pc stake in K-Electric to Chinese group
Private equity firm Abraaj is close to reaching agreement with the Pakistan government to sell its 66 per cent stake in Karachi-based...
Pakistan, UAE finalise talks to build oil refinery, says Fawad Chaudhry
ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain on Sunday said that the United Arab Emirates (UAE), would build an oil...
Kuwait reiterates request to Dubai to release $496 million frozen funds
DUBAI: Kuwait reiterated its request to Dubai to release $496 million in frozen funds held for over a year and belonging to...