Government to privatise SME Bank, Mari Petroleum, PSM and PIA
ISLAMABAD: While the opposition parties like Pakistan Peoples Party (PPP), Pakistan Tehrik-e-Insaf (PTI) and others are concerned about government’s move of privatising Pakistan...
DISCOs incurring losses amounting to billions of rupees
LAHORE: PEPCO held a detailed review of the performance of all Distribution Companies during the month of December 2017. The progress of implementation...
Etisalat to pay longstanding $800mn to government
ISLAMABAD:Â Etisalat, holding the company of Pakistan Telecommunication Company Limited (PTCL), which is defaulting $800 million to the government, has finally agreed to...
Government committed to protecting, promoting local industry: Haroon
ISLAMABAD:Â Special Assistant to Prime Minister on Revenue Federal Minister Haroon Akhtar Khan has said that the government is committed to protecting and...
FFC annual results reflect corporate professionalism
ISLAMABAD:Â Keeping up to the reputation of professionalism and dedication of its workforce and the foresight of the management, Fauji Fertilizer Company (FFC)...
OICCI urges government to make consistent policies to attract foreign investment
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) on Monday said that there would be no load shedding incoming summer...
Government releases Rs 357.507 billion under PSDP
ISLAMABAD:Â The federal government which announced over a trillion rupees worth development budget last year, has only released Rs 357.507 billion under its...
Only 256 MW added to national grid against allotment of over 41,000 acres land in Sindh
By Aftab Channa
KARACHI:Â In what seems a lethargic attitude of the provincial, as well as the private authorities towards the development of the...
NA body suggests global connectivity for increasing exports
ISLAMABAD:Â National Assembly Sub Standing Committee on Commerce and Textile, on Monday, proposed to increase global trade links and connectivity in order to...
Faysal Bank set to open 100 branches in Pakistan during 2018
DUBAI: Bahrain-based Ithmaar Bank plans to add more than 100 branches in Pakistan this year through its subsidiary Faysal Bank, to capitalize...
Hascol Petroleum to pay $9.5 million to Mena Energy for out of court settlement
LAHORE: A bourse notification filed Monday by Hascol Petroleum Limited (HPL) announced it reached an out of court settlement with Mena Energy...
Nokia set to introduce efficient 5G network chipsets in 3rd quarter of 2018
FRANKFURT: Nokia is introducing new silicon chipsets for running next-generation 5G wireless networks that promise to cut antenna size in half, triple...
Telenor was highest direct tax payer during FY 2015-16: SDPI
LAHORE: A report published by Strategic Development Policy Institute (SDPI) revealed Telenor Pakistan was among the highest tax contributors in telecon and...
Sindh High Court bars PSX from placing Dewan Cement in defaulter’s segment
LAHORE: A bourse notification filed Monday by Pakistan Stock Exchange (PSX) revealed the Sindh High Court on 27th January ordered it not...
Punjab enforces ban on expansion, setting up of new cement plants
LAHORE: The Punjab government has enforced a ban on construction of new cement plants and expansion of existing ones on Saturday.
A notification...