World Bank debars Pak Elektron for 33 months
LAHORE: Pak Elektron (PAEL), its affiliates PEL Marketing (Private) Limited, Kohinoor Power Company (KOHP), and its former general manager have been debarred...
AugmentCare and FINCA join hands to improve healthcare system
The healthcare system in Pakistan has suffered from significant problems over the years but a major momentum shift has seen technology take...
TAPI gas pipeline set to enter Afghanistan From Turkmenistan
ISLAMABAD: Turkmenistan has completed construction of gas pipeline in its section under TAPI project, following which a groundbreaking ceremony is scheduled to...
Oil prices inch up, after unexpected fall in U.S crude stocks
SINGAPORE: Oil prices edged up on Friday, supported by lower U.S. crude inventories, but gains were capped by a surge in U.S....
Ghandara Nissan may restart production of Datsun cars
ISLAMABAD: Ghandara Nissan is expected to get approval from the government under the Brownfield category to restart production of Datsun cars under...
Pakistan’s food & oil imports spike up 26 percent
ISLAMABAD: The country’s food and oil import bill increased 26 percent on a year-on-year basis, touching $11.6 billion during first seven months...
Pakistan power sector losses will bulge to Rs360 billion in 2018
ISLAMABAD: As the government tall claims of ending power outages continue, Pakistan’s power sector losses are expected to touch Rs360 billion in...
PPL challenges Petroleum Division SRO in IHC
LAHORE: In a notification to the Pakistan Stock Exchange (PSX), Pakistan Petroleum Limited (PPL) has challenged an unnumbered SRO by the Ministry...
FPCCI hails Haroon Akhtar’s statement on coal power projects
ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Ghazanfar Bilour has hailed statement of Special Assistant to Prime Minister...
Computerisation of 223 National Savings centres completed to facilitate investors
ISLAMABAD: National Savings has completed the automation and computerisation of its 223 centres to facilitate investors and ensure more effectiveness in execution...
JCR-VIS reaffirms OGDCL’s rating at AAA and A-1 plus
KARACHI: JCR-VIS Credit Rating Company Limited has reaffirmed the medium to long-term entity rating of Oil and Gas Development Company Limited (OGDCL)...
Rise in internet and mobile banking witnessed
ISLAMABAD: A remarkable growth in internet and mobile banking has been witnessed through a rise in banking services through advanced and convenient...
WB to launch prosperity fund for Pakistan on Friday
ISLAMABAD: The World Bank (WB) in collaboration with United Kingdom (UK) Prosperity Fund would formally launch prosperity fund for Pakistan for the...
62nd meeting of National Logistics Board held
ISLAMABAD: The 62nd meeting of the National Logistic Board (NLB) was held here on Thursday. Federal Minister for Planning, Development and Reform...
MOL spends Rs90mn on water supply schemes
PESHAWAR: MOL Pakistan Oil and Gas Company has spent over Rs90 million till date to ensure the provision of clean drinking water...