Nepra releases new guidelines for tariff determination of power projects, equity participation
For hydropower projects having capacity up to 50 megawatts and construction periods crossing two years, a spread not surpassing 2.5 percent over Kibor will get authorized
Profit repatriation grew 18.67 percent during July-May FY18
Profit repatriations from power companies during July-May FY18 were recorded at $231.6 million against $164.3 million in the corresponding period of last year
Land troubles plague Dasu hydropower project
The next six months are crucial for the 2,160MW Dasu Hydropower plant as the acquisition of land close to the site area...
International Steels to enhance production capacity
Commissioning of International Steel’s (ISL) new mill increases their cold rolling capacity to 1.0 million tons and reaffirms their position as Pakistan’s...
Cement industry export revenues up by 9pc
According to Pakistan's Federal Bureau of Statistics, the Pakistan cement industry earned a foreign exchange revenue of $20.78 million by exporting 446,741t...
Indus Motor (Toyota) increases car prices yet again
Following the third round of rupee depreciation, Indus Motor Company, which makes Toyota vehicles in the country, has increased its vehicle prices for the...
Power tariff scaled up by Rs1.25 per unit
ISLAMABAD:Â The National Electric Power Regularity Authority (NEPRA) has given the approval to increase power tariff by Rs1.25Â per unit.
This approval of the...
Summit Bank making all-out efforts to conclude merger with Sindh Bank
LAHORE: Summit Bank on Wednesday said it was making all-out efforts to conclude its merger with and into Sindh Bank Limited and...
Market Daily: Equity market registers another day of gains, rising by 472 pts
LAHORE: For a change, market bulls stepped up their game in Wednesday’s session and took inspiration from a buoyant close yesterday to...
FFC MD elected as Director of International Fertiliser Association
ISLAMABAD: The International Fertiliser Association (IFA) during the 86th FA Annual Conference held at Berlin, Germany has elected Fauji Fertilizer Company's (FFC's) Chief Executive...
Banks to observe extended working hours on June 29, 30 to collect taxes
LAHORE: All field offices of the Federal Board of Revenue (FBR) will remain open and observe extended working hours till 8:00 pm on...
Pakistan 4th most popular country for freelancing: report
ISLAMABAD: Pakistan is among the top five countries in the world when it comes to freelancing and generated a significant calculated amount...
Punjab caretaker cabinet resolves to work with local business community
LAHORE: In a rare interaction with the private sector, the Punjab Cabinet on Tuesday expressed the resolve to work hand in hand with the...
National food security ministry partners with USAID to enable agri-technology
KARACHI: The United States Agency for International Development (USAID) and the Pakistan Ministry of National Food Security and Research (NFS&R) launched USAID’s...
First Shaheen Air flight to carry 325 pilgrims from July 14
The airline is slated to fly more than 40,000 pilgrims as part of its Hajj operation this year