SC’s ban on high-rise constructions leaves thousands jobless
Around 70 steel re-rolling mills in Sindh and Balochistan have closed their operations owing to lack of demand
ABAD chairman says...
ECC approves Rs17bn support package for PIA
Committee approves to raise fresh financing of Rs35.806bn for PHPL through a syndicate of banks
SSGCL directed to withdraw gas load...
In race to fill LNG supply gap, project goalposts have changed
But projects have struggled to find off-takers as the world’s biggest buyers in Japan and South Korea seek nimbler terms while others such as India and Pakistan are less creditworthy
Oil prices rise by 1 percent after Saudi announces December supply cut
The announcement came after crude prices declined by around 20 percent over a month, as supply has surged, especially by the top-three producers the USA, Russia and Saudi Arabia
Naeemuddin Khan resigns as BoP’s president
Mr Khan took over as President of BoP in Oct 2008 when it was besieged by the threat of bankruptcy and allegations of financial misappropriation to the tune of billions of rupees
Sugar industry asks government for early disbursement of outstanding subsidies
Industry asks for sugarcane price to be set in line with prices of sugar and demands the tax regulator to collect general sales tax (GST) on the actual selling price of sugar instead of Rs60 per kg fixed by it
ECC meeting to discuss gas management plan today
Domestic gas’s average cost comes to around Rs630 per million British Thermal Unit (MMBTU) against Rs1,350 of imported LNG
Turkey to host ‘Blockchain Economy Istanbul Summit’ for crypto investors
The most in-depth blockchain and cryptocurrency conference of the region with the best names of the field in the international arena will...
PTI govt likely to decrease profit margins for power plant owners
High profit margins have resulted in increased power tariffs, circular debt: sources
Rules being finalised for public-private partnership in five-million housing project
ISLAMABAD: The Ministry of Housing and Works is finalising rules for public-private partnership in the Naya Pakistan Housing Project which would be...
Pakistan to hold policy-level talks with IMF this week
IMF also likely to visit NAB, review anti-corruption framework
Thar 660MW lignite coal power plant all set to become operational by Jan 2019
‘It’s time we start working in the direction to produce gas through coal’, says Sindh Engro Coal Mining Company's CEO.Â
Volkswagen signs CKD assembly contract with Premier Motors
Pakistan Premier Motors Limited (PML) has signed the final legal agreement with the largest automotive group in the world, Volkswagen (VW) AG,...
Alleged use of foreign data services behind hacking of banks
Agents of a foreign company are allegedly offering lucrative incentives to the high-ranked officials of the banks
ISLAMABAD: Despite the availability of a...
GE shares tumble below $9 as JP Morgan analyst cuts price target
GE shares, which were booted from the blue-chip Dow Jones Industrial Average earlier this year, have now slumped some 50 percent in 2018 alone