China to boost grain imports from ‘Belt & Road’ countries amid Sino-U.S. trade spat: Official
The country’s meat demand could hit 123 million tonnes while demand for grain is expected to peak at 750 million tonnes, the researcher added, without saying when those numbers would be reached
Oil extends slide from 7 percent slump the day before as outlook darkens
Crude oil has lost over a quarter of its value since early October in what has become one of the biggest declines since prices collapsed in 2014
Tapi gas pipeline to move forward after decades of delays
The first gas could be delivered to Afghanistan within around a year from the FID, and to Pakistan within two years
Govt wants to establish ICT SEZ on priority basis in Islamabad
As per data accumulated by the central bank, the export of IT and related services rose to $1.067 billion in FY18 against $939 million in FY17, posting a 13% increase
Law ministry delay hinders Privatisation Commission from appointing financial advisers
The commission was seeking the board’s go-ahead for hiring financial advisers for the privatisation of two LNG-fired power plants namely 1,230-megawatt Haveli Bahadur Shah and 1,233MW Balloki
IMF seeks increase in revenue collection without bringing in new measures
As per the IMF’s determination, the current growth rate in revenue collection of the FBR should almost be doubled without bringing new measures, said the sources.
Govt set to shock electricity consumers
–Govt decides to withdraw Rs146bn subsidy being given to domestic consumers
–Power Ministry proposes up to Rs20.70 per unit increase in price of...
Pakistan risks foreign investment with threat to reopen LNG deals: Former PM
Exxon Mobil returned to Pakistan in May with an investment in an offshore drilling project. It has expressed interest in building an LNG terminal in the country
KSE-100 index posts 7.8% YoY increase in profit for nine months of 2018
Profitability of KSE-100 index increased by 0.8% YoY during the third quarter of 2018
Energy blackouts have lessened due to CPEC: Report
Gwadar Port, a major project under CPEC, is fully operational, connecting Pakistan with a broader export market from the Middle East with Central Asia via land and maritime routes
Pakistan’s aviation traffic projected to double in next two decades: Airbus
According to communications officer of Airbus, the global air cargo to and from Pakistan is projected to triple over the next two decades
Gas to overtake coal as world’s second largest energy source by 2030: IEA
China, already the world’s biggest oil and coal importer, would soon become the largest importer of gas and net imports would approach the level of the European Union by 2040, the IEA said
KP to construct 496MW ‘Spat Gah’ hydropower project in Kohistan
It would be constructed under public-private partnership mode
Haleeb gunning to reform, modernize itself to compete in dairy sector
Haleeb is focusing on bolstering its research and development (R&D) segment to challenge multinational food giants considering the presence of two multinationals and expected acquisition of Fauji Foods by China-based Yili industrial group
Car sales increase by 4pc during July-October
KARACHI:Â The total sales of locally-assembled passenger cars went up by 4 per cent to 72,563 units in the first four months of...