Government borrowing from SBP shoots up to Rs1.43 trillion in first half of FY18-19
Government borrowing from the central bank surged up five times to Rs1.43 trillion during the 1st half of FY18-19 compared to Rs288.09 billion in the same period of last year (SPLY)
Chinese entity expresses interest in reviving PSM
CFMCC in its letter of intent (LoI) has said it is a big state-owned enterprise and China Metallurgical Group Corporation holds shares in the company, which is amongst the top 500 companies globally
KP planning to line 20,000 watercourses in next five years
Approximately Rs15 billion would be required for pavement and repair of these watercourses
Turkey can help Pakistan tap EU’s furniture market: PFC
LAHORE: Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq, while lauding the statement of Prime Minister Imran Khan with regard to taking...
Finance ministry ‘discreetly’ imposes up to Rs20.93 per litre levy on POL products
Masses to pay approximately Rs25bn in January on account of hike in petroleum levy on POL prices
ISLAMABAD: The Finance Ministry, in an...
Atlas Honda launches CB125F
Pakistan’s two-wheeler market has surpassed the threshold of 2.5m units, making the country 5th largest motorcycle producing country
KARACHI: Atlas Honda Limited has...
Domestic cement despatches decline by 1.41pc in six months
KARACHI: Domestic cement dispatches have declined by 1.41 per cent in the first six months of the financial year 2018-19 as compared to the same...
OPEC oil output posts biggest drop since 2017 on Saudi move
LONDON: OPEC oil supply fell in December by the largest amount in almost two years, an agency survey found, as top exporter Saudi...
Govt urged to remove import duties on industrial machinery
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Ahmed Hassan Moughal on Thursday lauded the government’s initiative for removing customs duty on...
‘Philippines, China open to Pakistan’s citrus export’
Exporters asked to adopt new methods and bring their products in line with the standards defined by WTO
ISLAMABAD: National Food Security and...
Pakistan, KSA set to ink Aramco oil refinery deal: report
Pakistan and Saudi Arabia have finalised the memorandum of understanding (MoU) for the construction of the multi-billion-dollar Saudi Aramco oil refinery in...
Protesting dock workers announce to shift sit-in camp to D-Chowk
KARACHI: Upon the completion of 100 days of their sit-in camp, dock workers of Port Qasim on Wednesday announced to shift this...
ExxonMobil to commence drilling on 6th
This is the first time that any company in Pakistan would drill in the sea to explore oil and gas
ISLAMABAD: The drilling equipment...
Planning Commission holds consultative session to formulate mineral policy
ISLAMABAD: The Planning Commission on Wednesday organised a consultative session at the Islamabad Chamber of Commerce and Industry to get the input and...
HEC releases Rs80m for Pakistan Institute of Robotic Science
ISLAMABAD: The Higher education Commission (HEC) has released a budget of Rs80 million for purchasing the equipment and induction of new employees in the Pakistan Institute of Robotic Science (PIRS).
According to...