Honda Atlas celebrates production of 400,000 units
LAHORE:Â Honda Atlas Cars Pakistan Limited (HACPL) celebrated the 400,000 units of cumulative automobile production at its factory in Manga Mandi, Lahore. At...
Cement export registers 18.9pc growth in Sept Â
Cement export has posted a growth of 18.9 per cent in the month of September, according to official reports.
Over 0.715 million tonnes of...
NEPRA approves tariff for 11.52MW solar power project
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA) has determined and approved Rs7.7863 per unit tariff for the first ten years, while Rs2.9824...
SBP’s foreign reserves decline by $101mn
The total liquid foreign reserves held by the country stood at $14,852.1 million on 5 October 2018.
Foreign reserves held by the State...
Ogra denies chairman being replaced
The Oil and Gas Regulatory Authority (Ogra) in a statement has denied its chairman Uzma Adil is being replaced.
Apropos to a news...
Rupee rebounds by Rs1.87 against dollar in inter-bank market
This was the third consecutive day that the rupee recovered Rs3 of its value against the dollar, resulting in a cumulative gain of 7.14% since touching Rs140 in the kerb market on Tuesday
PEC asks govt to announce Diamer-Bhasha Dam public limited company
The PEC urged the government to float its shares on the stock market for public subscription, which would allow to raise funds for the Diamer-Bhasha dam
Oil prices rise, but still set for weekly fall amid equities rout
OPEC cut its forecast of global demand growth for oil next year for a third straight month, citing headwinds facing the broader economy from trade disputes and volatile emerging markets
Rupee regains Rs2 against greenback in open market
This is the fifth devaluation of the rupee since December 2017, which has seen the local currency losing a cumulative 27 percent of its value against the greenback
Pakistan extended offer of $100 million open oil credit facility by Azerbaijan
The energy ministries from both the countries had reached an inter-governmental agreement in February 2017
Federal Cabinet restores EDB after dissolution
The cabinet of the previous government, following the recommendations of the Cabinet Committee on Energy (CCoE), had decided to dissolve the EDB over rampant corruption
China’s Hunan province delegation interested in JVs, investment in Pakistan
ISLAMABAD:Â A delegation of China Council for Promotion of International Trade (CCPIT) led by its Vice President Wu Dengguo visited the Islamabad Chamber...
CPEC debt servicing to commence in year 2021, says official
The spokesman said Pakistan has opted for Chinese investments under CPEC due to the favourable financing arrangements
PM tasks committee to resolve issues of Pakistanis working in Gulf countriesÂ
ISLAMABAD: Prime Minister Imran Khan has said that the well-being of overseas Pakistanis, especially those employed as workmen and labourers is the...
Pakistan needs to generate 30pc power on renewable energy in 5-7 years: AEDB
KARACHI: Pakistan should set a target of generating at least 30 per cent of its electricity on the basis of renewable energy...