Local LPG production touched 1.918m tons in last three years

Islamabad: Local production of Liquefied Petroleum Gas (LPG) remained over 1.918 million metric tons (mmt), imports 0.840 mmt, sales 2.559 mmt during...

Indian extradited to US from Singapore in call centre fraud

WASHINGTON: Singapore has extradited an Indian national to the United States to face charges in a call centre fraud that scammed millions of...

German car sales stuck in reverse gear

FRANKFURT: New car registrations in Germany fell back in April, official data showed on Friday, in a sign the vital industry is still...

Plastic imports decline 6.91pc in nine months FY19

ISLAMABAD: The import of plastic materials into the country during the first nine months of the current fiscal year has decreased by 6.91...

Only 6 out of 723 startups in Pakistan raised funds beyond $500,000

Planet N in collaboration with Karandaaz Pakistan and LUMS organized a workshop on 24th Jan 2017, chalking out a roadmap for the...

Cement sector registers negative growth

In spite of cement consumption having rebounded in the domestic market in February; the industry registered a negative growth for the first...

Oil prices surge after suspected tanker attack near Iran

LONDON: Oil prices jumped as much as 4pc on Thursday after a suspected attack on two tankers in the Gulf of Oman...

Pakistan rejects Trafigura, Gunvor LNG shipments

LONDON: Pakistan LNG Ltd has decided against awarding in a tender three liquefied natural gas (LNG) cargoes due to be delivered by...

Cabinet Committee on Energy agrees on amendments related to power tariff

ISLAMABAD: The Cabinet Committee on Energy on Tuesday decided to introduce suitable amendments in the existing policy framework to address various issues...

Dar directs FBR to incorporate tax proposals on urgent basis

The Finance Minister Ishaq Dar on Thursday asked the Federal Board of Revenue to incorporate tax proposals on urgent basis for the...

Private sector invited to utilize public building rooftops for solar energy

LAHORE: The private sector has been extended invitation by the Punjab government to make investments in the utilization of public building’s rooftops...

PCMA calls for joint-ventures with China in chemical sector

Lahore: Pakistan Chemical Manufacturers Association (PCMA) has urged the government to include the chemical sector in China-Pakistan Economic Corridor (CPEC). In a meeting...

Textile exports up 2.9pc to $3.37bn in 1QFY20

ISLAMABAD: Textile exports from the country grew by 2.95pc during the first quarter of the current financial year (1QFY20) as compared to...

Pakistan holds huge potential in renewable energy, requires reforms to tap it: IRENA

ISLAMABAD: Pakistan possesses huge potential in the realm of renewable energy, but lacks a clear target in this sector, said the International...

PBIT, Ittehad Chemicals ink $40 million MoU for chemical unit

LAHORE: Ittehad Chemicals Limited and Punjab Board of Investment and Trade have signed a memorandum of understanding (MoU) to establish state-of-the-art facility, valued at $40...