New export package on the cards
The outgoing government in a bid to please the business community before the general elections is planning to announce another export package ranging from R30 billion to Rs42 billion.
LCCI for advanced power transmission, distribution system
The LCCI President Malik Tahir Javaid said that country has witnessed some massive power shutdowns that have plunged the country into darkness.
In the middle of power crisis, federal secretary power goes on leave
At least four issues stood out in the tug of war – a dispute over the bidding of Jamshoro power plant, termination of advanced metering, K-Electric and a series of site-specific LNG-based power projects in Punjab on a government-to-government basis with Qatar
Neelum-Jhelum Unit 4 hits snags days after passing trial runs
The NJHP’s unit-4 had started trial generation last month and it continues to pass through various tests required for commercial operation. The unit has injected more than 1.3 million units of electricity during the test run
Govt refuses to intervene in revoking PSO-PNSC oil supply deal
It was also highlighted in the ECC meeting that a major reason for acute petrol shortages in January 2015 was late arrival of two PNSC vessels despite timely opening of letters of credit by PSO
Chairman Bank Alfalah commits investment in digital, stays ambiguous over reports of potential sale
Bank Alfalah Limited Chairman Sheikh Nahayan Mabarak Al Nahayan neither confirmed reports regarding the sale of Bank Alfalah nor denied them while committing further investments in the IT and digital arm of the bank.
Pakistan to participate in annual specialty commodity expo in China
BEIJING: Pakistani enterprises are to participate in the sixth China Specialty Products Fair to be held in Sanmenxia, Henan province from May...
FIA asks FBR to provide records of 1763 confiscated mobile phones
ISLAMABAD: The Federal Investigation Agency (FIA) has asked the Federal Board of Revenue (FBR) to provide records of 1763 confiscated mobile phones...
PIAF welcomes decision to disburse Rs100b refunds to exports industry
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has appreciated the decision of the government to disburse up to Rs100 billion towards...
PCJCCI holds conference on cargo tricycles in collaboration with Fujian Group
Pakistan-China Joint Chamber of Commerce and Industry arranged a trade conference ceremony on Cargo Tricycles with the collaboration of Fujian Group of...
Pakistan, Spain trade stands at $1b, has room for further economic cooperation: envoy
FAISALABAD:Â The Ambassador of Spain to Pakistan, Carlos Morales has said that bilateral trade between Pakistan and Spain is hovering around one billion...
Market Daily: KSE 100 sheds 4.52pc, highest weekly loss in 2018
KSE 100 closed at 41,624 points (-4.52 per cent WoW), highest weekly loss of 2018 amidst depleting foreign reserves and rising political noise ahead of general election 2018.
FBR turns down request for manual customs system at Sost Port
Trade on CPEC route remains suspended for 48 days as traders protest WeBOC system
Inquiry report over Wednesday’s power blackout submitted to PM
ISLAMABAD:Â The massive power breakdown that left Khyber Pakhtunkhwa, Punjab and the Federal Capital without electricity for many hours on Wednesday was caused...
SBP updates country’s liquid foreign reserves position
The State Bank of Pakistan (SBP) on Thursday, updated the state of Pakistan’s liquid foreign reserves position.
The total liquid foreign reserves held...