Scottish renewable energy company eyes strong foothold in Pakistan
LAHORE: There cannot be enough emphasis on the need to promote renewable energy as a sustainable solution to all the energy related problems...
Pakistan has 151 million mobile phone subscribers
ISLAMABAD: The telecom sector is one of the fastest growing segments of Pakistan’s economy as the number of cellular subscribers in the country...
Citigroup pays $12 million to settle dark pool probe
The regulator also found that Citigroup Global did not disclose that over a period of more than two years, nearly half of its dark-pool orders were routed to and executed on other trading venues that did not offer the same premium features as Citi’s.
Trump readies tariffs on $200 billion more Chinese goods despite talks: source
Trump, who had already imposed 25 percent tariffs on $50 billion of Chinese goods, said a week ago that he would be adding tariffs on another $200 billion in goods
Cabinet committee on CPEC prioritises development of Gwadar, SEZs
ISLAMABAD: The inaugural meeting of the Cabinet Committee on China Pakistan Economic Corridor (CPEC) was held under the chairmanship of the Planning, Development...
China to create three “green economic belts” in BRI countries including Pakistan
BEIJING: China has launched cross-border partnerships with several international non-governmental and civic organizations to create three "green economic belts" in countries involved...
Govt starts LNG supply to two fertiliser companies for rabi season ahead
ISLAMABAD: The federal government has started the supply of LNG to two fertiliser companies on an experimental basis, sources said Friday.
At the initial...
Sahiwal Coal Power Plant fully meets standards set by WB, EU
SAHIWAL: Huaneng Shandong Ruyi (HSR) Energy Limited, responsible for operations of the Sahiwal coal-fired power plant on Friday claimed that the plant...
Govt to fill leading positions at SECP, CCP, PPPA, NITL
ISLAMABAD: The incumbent government has decided to appoint the heads of different departments including the National Investment Trust Limited (NITL) and the Public-Private...
China sending buying mission to Pakistan
The Chinese Ambassador HE Yao Jing called on the Advisor to Prime Minister on Textile, Commerce, Industry, Production, and Investment, Abdul Razak Dawood...
Market Daily: Bears dominate end of week as PSX loses 129.60 points
LAHORE: Pakistan Stock Exchange (PSX) managed to end the week in red as bears dominated the session on Friday.
As per reports of...
Food ‘giant’ Gourmet denies producing motorbikes
Gourmet, which started as a food bakery 27 years ago, has a strong retail network with more than 100 outlets in Lahore alone
Oil prices claw back on supply concerns, but demand worries drag
Brent crude was up 8 cents, or 0.1 percent, at $78.26 a barrel by 0338 GMT, after falling 2 percent on Thursday. The global benchmark rose on Wednesday to its highest since May 22 at $80.13
Industry sources accuse PBIT exacting extra fee for handling coal at Port Qasim
According to market officials, the industry had been distressed and the high fee had increased problems for it as well as the exporters
Five companies incurring heavy losses in BQIP: Report
The official who preferred anonymity said the entities were suffering losses to the tune of millions of rupees due to unavailability of utilities