Domestic gas, RLNG share in total power production rises to 43.17 percent
KARACHI: The share of eco-friendly gas and re-gasified liquefied natural gas (RLNG) in power generation has risen to 43.17 percent in February...
Taimur Dawood appointed CEO of Descon Oxychem
LAHORE: Taimur Dawood has been appointed as the new Chief Executive officer (CEO) of Descon Oxychem Limited replacing Aamir Niazi at the...
Telco’s demand decrease, restoration of tax exemptions in upcoming budget
ISLAMABAD: Pakistan’s five renowned telecom companies have jointly approached the Ministry of Finance for streamlining of taxes and duties in the upcoming...
Govt decides to re-levy three surcharges on power consumers
ISLAMABAD: The government in line of recommendations made by the International Monetary Fund (IMF) has decided to re-enact three surcharges on power...
Government to abolish support price system for sugarcane
ISLAMABAD: The government has decided to completely abolish the support price system for sugarcane crop and devise a new pricing mechanism which...
Oil prices inch up, as U.S dollar weakness persists
SINGAPORE: Oil prices rose on Thursday, lifted by a surprise draw on U.S. crude inventories as well as ongoing dollar weakness which...
Federal govt to set up Institute of Petroleum Technology in District Karak
PESHAWAR: The federal government will set up the Institute of Petroleum Technology at a cost of Rs2 billion in District Karak approved...
SBP releases QPR of the banking sector
KARACHI: The Quarterly Performance Review (QPR) of the banking sector for the quarter ended 31st December 2017 was released by State Bank...
LPGAP calls for consistent pricing policy, facilitation of local maunfacturers
LAHORE:Â The Liquefied Petroleum Gas Association of Pakistan (LPGAP) on Wednesday demanded from concerned authorities to formulate a consistent policy regarding pricing of...
Czech minister calls for increased bilateral trade with Pakistan
KARACHI: Czech Republic's Deputy Minister for Foreign Affairs Ivan Jancarek has said that the global economic, environmental, and financial changes have caused...
Revisions in aid to Pakistan unlikely to shake its finances: Moody’s
LAHORE: International rating agency Moody’s Investors Service (Moody’s) has maintained that Trump administration’s revision of US military aid is highly unlikely to...
SAARC chamber urges unity for a strong business agenda in South Asia
LAHORE: SAARC Chamber of Commerce and Industry (CII) Vice President Iftikhar Ali Malik Wednesday said South Asian countries need to work together with a...
FPCCI skeptical about FTA-II with China, fears economic downfall
ISLAMABAD: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has termed Free Trade Agreement (FTA) –II accord with China as harmful...
MoIT to boost IT products and services under ‘Digital Pakistan’ policy
ISLAMABAD: Ministry of Information Technology and Telecommunication is making an all-out effort to facilitate IT companies to multiply their exports.
Ministry of IT is...
21.74pc growth of food group exports in eight months
ISLAMABAD: Food group exports from the country during the first eight months of the current financial year grew by 21.74 per cent as...