Wapda paying mark-up of 15pc annually to government for Neelum-Jhelum Hydropower project

According to reliable sources, the tariff for the Neelum-Jhelum hydro-power project (NJHP) could see a decrease in wake of a reduction in...

LG unveils premium K10 and K8 series smartphones at MWC

Karachi / SEOUL: LG Electronics (LG) unveiled the 2018 edition of its popular K8 and K10 mass-tier smartphones at the Mobile World Congress...

New government likely to bring structural reforms in FBR

FBR, as per reforms may be separated into two separate bodies 

Gross Refining Margins fell to lowest level in the last quarter of FY23

ISLAMABAD: In a troubling development, gross refining margins (GRMs) for local crude refiners fell significantly, falling to an average of US$4 per...

Pakistan’s widening trade deficit can be restrained through ‘import deletion’ under public-private partnership: PAAPAM

PAAPAM seeks export sectors' incentives for vendors industry to control rising trade deficit

Pakistan can fortify economy through value addition in agri products: IAEA

FAISALABAD: International Atomic Energy Agency (IAEA) Director General (DG) Yukiya Amano on Tuesday said that Pakistan could strengthen its economy through value addition...

Debt trap: Govt borrows $37bn in the last five years    

ISLAMABAD: In the last five years between 2013 and 2018, a huge amount of $37 billion has been borrowed from foreign countries to...

Car sales increase by 4pc during July-October

KARACHI: The total sales of locally-assembled passenger cars went up by 4 per cent to 72,563 units in the first four months of...

Italian experts to train Pakistani woodworkers: PFC

LAHORE Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq while talking to media here Wednesday said the PFC was collaborating with Italian...

CPEC to turn Pakistan into a great investment destination: LCCI

LAHORE: China-Pakistan Economic Corridor (CPEC) project is bound to turn Pakistan into a great investment destination and it would start a new...

Senate body criticises FBR for not being able to audit telecom sector

ISLAMABAD: Members of Senate Standing Committee on Finance, Revenue, Economic Affairs and Narcotics Control strongly criticised the Federal Board of Revenue (FBR)...

Report on Kekra-I offshore drilling within 3-4 weeks, Senate told

ISLAMABAD: Energy Minister Omar Ayub Khan said on Friday that the report on any discovery of energy reserves at Kekra-I offshore drilling site...

Greatly anticipated Samsung Galaxy Note 9 launched in Pakistan

LAHORE: Samsung Electronics Co., Ltd. launched the latest addition to its premium Note series with Galaxy Note 9. The Note series has been recognized for including...

PHMA welcomes government move to reduce sales tax on raw material supplies

Lahore: The Pakistan Hosier Manufacturers and Exporters Association (PHMA) on Thursday has welcomed the governments initiative in the next financial year’s budget...

Brent crude touches four-year high, as Iran sanctions loom

Benchmark Brent crude oil futures rose to as much as $83.27 a barrel and were at $83.21 at 0339 GMT, up 48 cents, or 0.6 percent from their last close