Japan extends grants assistance for airport security, economic development
ISLAMABAD: The government of Japan has extended a grant assistance worth Japanese Yen 2,892,000,000 (approx. equivalent to $ 27,379,515) to the Government...
NEPRA approves Rs2.28 per unit cut in power tariff
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved 2.28 rupees per unit cut in lieu of fuel price adjustment formula for...
Higher tax burden on non-filers in next budget: Haroon Akhtar
KARACHI: Special Assistant to Prime Minister on Finance Haroon Akhtar Khan has said that there will be no new tax in the...
Commerce ministry holds another round of consultations with industry on CPFTA
ISLAMABAD: In order to finalise its offer lists before the next round of China Pakistan Free Trade Agreement (CPFTA) Phase II, the...
Akzo Nobel divests specialty chemicals business to Carlyle for $12.6 billion
AMSTERDAM: Akzo Nobel has agreed to sell its specialty chemicals business to U.S. private equity firm Carlyle Group and Singapore’s GIC ...
Shanghai Electric re-initiates intent to acquire K-Electric
LAHORE: The Shanghai Electric Power Company Limited in a stock market notification sent through its manager to offer Arif Habib on Tuesday...
FIA opposes sale of K-Electric till clearance of dues assured
KARACHI: The sale of majority shareholding of K-Electric to Shanghai Electric Power has been opposed by the Federal Investigation Agency (FIA).
FIA investigation...
OGRA computes RLNG transportation cost to Punjab at Rs81 per mmbtu
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has computed the transportation cost of Regasified liquefied natural gas (RLNG) to Punjab at Rs81...
PM appoints Shaukat Tarin to head reconstituted EAC
ISLAMABAD: Ex-Finance minister Shaukat Tarin has been appointed to lead a reshuffled 13-member Economic Advisory Council (EAC) for providing government advise on...
Hybrid rice to have 50 percent share of total cultivated area in next three years
LAHORE: An industry official on Monday said high-yielding hybrid rice seed coverage area would increase from current 25-30 percent to over 50...
Oil prices rise, as tensions in Middle East may lead to supply disruptions
SINGAPORE: Oil prices rose on Tuesday, pushed up by concerns that tensions in the Middle East could lead to supply disruptions.
Hopes that...
Alibaba wants Pakistani exporters to get listed on its B2B electronic portal
KARACHI: Alibaba Group, the Chinese e-commerce behemoth wants Pakistani exporters to get listed on its business-to-business (B2B) electronic portal, said a company...
LCCI chief urges Greek businessmen to enhance trade
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) President Malik Tahir Javaid said on Monday that average trade around $70 million between...
Ports, shipping play important role in economy: Bizenjo
ISLAMABAD: Minister for Maritime Affairs Mir Hasil Khan Bizenjo has said ports and shipping are playing an important role in further strengthening the...
Pakistan to be among top 50 of EoDB list by 2020
LAHORE: Provincial Finance Minister Dr Aisha Ghaus Pasha said that Pakistan aims to be among the top 50 countries on the Ease...