Pakistan, Saudi Arabia review progress on energy MoUs

ISLAMABAD: Pakistan and Saudi Arabia have reviewed the progress made on existing memorandums of understanding (MoUs) in the energy sector and discussed possibilities for...

Govt launches Rs2.35bn Swat fish farming project

ISLAMABAD: National Food Security & Research Minister Sahibzada Muhammad Mehboob Sultan on Thursday inaugurated the Rs2.35 billion 'Trout Fish Farming Programme' under the Prime...

PM orders inquiry into power sector; committee formed

ISLAMABAD: In an apparent bid to rectify the wrongdoings of the past and to ensure future security, a nine-member committee has initiated an inquiry...

Power supply to reach 26,000MW by next year, PM told

ISLAMABAD: Prime Minister Imran Khan was informed on Wednesday that for the first time in the country’s history, the target of 23,000 megawatts power supply...

Govt to surpass 2.4pc growth target, says finance adviser

Hafeez Shaikh says govt expects to generate Rs800bn in non-tax revenues Says overall CAD reduced by 73pc due to considerable increase in exports ISLAMABAD: Prime...

‘Govt to formulate comprehensive e-vehicle policy’

Adviser to Prime Minister on Commerce, Industries & Production Abdul Razzaq Dawood has said that the Ministry of Industries & Production will formulate a...

Asia’s growing coal use could negate global climate change progress: UN

BANGKOK: Asia's heavy and expanding reliance on coal power risks cancelling out global progress towards preventing catastrophic climate change, a top United Nations official warned...

NEPRA approves tariff hike of Rs1.78 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved 1.78 paisa per unit hike in power tariff under the fuel adjustment formula for...

Govt raises cost limit for gasification schemes from Rs50m to Rs300m

ISLAMABAD: The government has increased the cost limit for undertaking gas schemes from Rs50 million to Rs300 million and has also changed guidelines and TORs...

Steel producers voice against higher import tariff on unserviceable auto parts

ISLAMABAD: Representatives of the steel-producing companies, which are facing multiple issues regarding import of raw materials, have voiced against the imposition of higher tariffs...

Business reforms imperative to boost industrial growth: Dawood

ISLAMABAD: By introducing business reforms in the country, the government intends to boost its industrial and commercial potential, said Adviser to Prime Minister on Commerce...

Urea offtake likely to surge 43pc in Aug

ISLAMABAD: Urea sales in Pakistan during the month of August 2019 are expected to jump by 43pc to 616,000 tonnes on a yearly basis due...

Pakistani scientist generates bio-plastic with mango kernel

ISLAMABAD: Dr Anjum Nawab, a Pakistani scientist serving as Assistant Professor at Karachi University, on Monday claimed to have generated bio-plastic with mango kernel, which...

Ericsson, Deutsche Telekom team up for industrial 5G services in Germany

STOCKHOLM: Ericsson and Deutsche Telekom will team up to tap rising demand for mobile technology at industrial sites in Germany, as communications providers seek local...

Six Pakistani companies participated in Shanghai Home Textiles 2019

Six leading Pakistani companies participated in the Intertextile Shanghai Home Textiles – Autumn Edition, which concluded on Saturday. The Trade Development Authority of Pakistan had...

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Bookings for Kia Picanto from next week

After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its customers. The company...

Car sales plunge 42pc in August

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Introduction of 5G services in Pakistan could take up to 5...

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) on Monday briefed Senate’s Standing Committee on Information Technology it would take around four to five years to...