Philip Morris to only produce smoke-free products in its factory in Greece
Philip Morris International Inc (PMI) announced that the factory of its Greek affiliate (Papastratos) in Aspropyrgos, has ceased cigarette production and is...
Govt releases Rs150 bn to IPPs without pre-audit checks
ISLAMABAD:Â Sources close to the Power division have revealed that the Ministry of Power has released around Rs150 billion to Independent Power Producers...
Dewan Cement in sweet spot to gain cement share of Bhasha dam
KARACHI: Dewan Cement Limited (DCL), a renowned cement manufacturer of the country, eyes on the rising cement demand in Pakistan in general...
Construction of small dams imperative, awareness of water conservation necessary: FPCCI
ISLAMABAD: FPCCI Chairman Coordination Malik Sohail on Sunday said conflicts over the construction of large dams has wasted a lot of national...
Gas consumption witnesses 20pc increase in 8 months
ISLAMABAD: The consumption of natural and liquefied petroleum gas has witnessed around 20 per cent increase during eight months of the current...
Mineral Transformation Plan launched to improve productivity, enhance exports
ISLAMABAD: The Ministry of Planning and Development has started a new initiative – Cluster Development Based Mineral Transformation Plan – to improve...
APCMA urges govt to decrease taxes, FED on cement
ISLAMABAD: The All Pakistan Cement Manufacturers Association (APCMA) has urged the government to decrease the taxes and Federal Excise Duty (FED) on...
Incumbent regime allegedly all out to ensure sale of K-Electric
The incumbent government is allegedly all out to ensure the sale of Abraaj Group’s shares in K-Electric to Shanghai Electric Power.
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...