World Bank set to grant $100 million loan for Sindh solar energy program
LAHORE: The World Bank is set to approve a $100 million loan in May for renewable energy generation via solar in Sindh...
Bank of China permitted to establish clearing & settlement facility
KARACHI: The Bank of China on Wednesday was granted permission by the central bank to establish a domestic Chinese yuan (CNY) clearing...
Ogra requested to expedite standardization of manganese content in petrol
ISLAMABAD: The government has been requested by Oil and Gas Regulatory Authority (OGRA) to expedite the move to finalizing standards and specifications...
Brent crude touches $72.25, as tensions over military escalation in Syria rise
SINGAPORE: Oil markets remained tense on Thursday on concerns over a military escalation in Syria, although prices remained some way off Wednesday’s...
KP endorses FWO for construction of oil pipeline
ISLAMABAD: The Khyber Pakhtunkhwa government has voiced opposition to Inter-State Gas Systems (ISGS) for laying the pipeline from Machike to Taru Jabba...
PSO, Power China in negotiations to setup a $8 billion refinery
KARACHI: The country’s leading oil marketing company Pakistan State Oil (PSO) is in negotiations with Power China to enter into a partnership...
CPEC to further enhance growing Pak-Iran relations
ISLAMABAD: The Ambassador of Pakistan to Iran Asif Durrani has said that the successful completion of China-Pakistan Economic Corridor (CPEC) would further...
Saudi Aramco signs $44 bn deal to build giant Indian refinery
NEW DELHI: Saudi Aramco on Wednesday announced a $44 billion deal to build a giant refinery complex in India with three Indian...
CDA asked to cooperate for new industrial estate in Islamabad
ISLAMABAD: PML-N senior leader and former Senator Syed Zafar Ali Shah visited the Islamabad Chamber of Commerce and Industry (ICCI) and congratulated...
PM lauded for suspending FTA talks with China
ISLAMABAD: The Pakistan Economy Watch (PEW) on Wednesday lauded the decision of Prime Minister Shahid Khaqan Abbasi to suspend the Free Trade...
South Asia should craft strategies to withstand shocks from US-China trade war
LAHORE: SAARC CCI Vice President Iftikhar Ali Malik Wednesday said in the prevailing global economic scenario, it is need of the hour...
Govt supports documented, taxpaying, tobacco industry: Haroon
ISLAMABAD: Haroon Akhtar Khan, Special Assistant to Prime Minister on Revenue has said that the entire cigarette industry can fully utilise the...
ADB projects decline in GDP, as trade deficit continues to worsen
ISLAMABAD: According to a new Asian Development Bank (ADB) report, Pakistan’s economy is projected to maintain strong growth in fiscal year (FY) 2018...
Govt removes FATF concerns regarding amnesty scheme, Senator Haroon Akhtar
ISLAMABAD:Â Special Assistant to the Prime Minister on Revenue, Senator Haroon Akhtar has said that the Financial Action Task Force (FATF) has not...
Market Daily: KSE 100 index closes at 46,486.50, up 9.77 points
LAHORE: The 100 Index started the day on a buoyant note, pushing the 100 Index higher in a bid to recoup losses...