Profit margins for oil refiners in Asia dip, as oil prices touch $70 per barrel
SINGAPORE: Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by...
Over Rs10 billion broadband projects launched in remote areas: PM Shahid Khaqan Abbasi
ISLAMABAD: The Universal Service Funds (USF) has awarded more than Rs10 billion Broadband Sustainable Projects to various operators to ensure telecom services...
Oil prices ease from three-year highs
SINGAPORE: Oil prices eased on Friday after hitting their highest levels since December 2014 the previous day.
Despite the dip, analysts said market...
JDW Sugar Mills, four others agree to procure sugarcane crop at govt prices
ISLAMABAD: In an undertaking to the Supreme Court on Thursday, five sugar mills including PTI’s Jahangir Tareen’s JDW Sugar Mills have agreed...
Govt to sign state-to-state deals for LNG supplies
LAHORE: The incumbent government has decided to sign state-to-state supply deals with energy-rich countries for procurement of cheaper LNG supplies.
This decision comes...
OGDCL injects five new oil, gas wells in production gathering system
ISLAMABAD: Oil and Gas Development Company (OGDCL) has injected five new oil and gas wells, producing 4,133 barrels crude oil and 891...
Govt paid Rs20.241 million sales tax refund to textile sector during FY 2017-18
ISLAMABAD: The government has paid Rs 20,241 million sales tax refund to textile sector during current financial year in order to facilitate...
Pakistan invites Japan to assist in promoting its textiles through PTA
ISLAMABAD: Minister of State for Finance, Rana Muhammad Afzal Khan on Thursday invited Japan to assist Pakistan to promote its textile through...
National Electricity Plan, New Energy Policy being finalised to determine electricity demand, supply: Leghari
ISLAMABAD: Power Minister Sardar Awais Ahmed Khan Leghari Thursday said that the National Electricity Plan and new Energy Policy was being finalised...
Consumers to bear brunt of OGRA’s decision of dismantling the Enforcement Department
ISLAMABAD: Consumers - the weakest stakeholders of the petroleum industry - are going to bear the brunt of OGRA’s decision of dismantling...
Oil and gas reservoirs: FATA has enough reservoirs to attain self-sufficiency within few years
By HAMID KHAN WAZIR
ISLAMABAD: In what appears to be a significant development, the long-deprived and the war-weary Federally Administered Tribal Areas (FATA) has...
216 Pakistani exhibitors to participate in Heimtextil Fair, Frankfurt
KARACHI: The Heimtextil fair being held from January 09 until January 12, 2018, observed a strong increase in the number of exhibitors and...
State Bank’s efforts lauded globally
KARACHI: The State Bank of Pakistan (SBP) has been voted as the Best Central Bank in Promoting Islamic Finance by a poll...
CLSA, China’s largest investment bank keen to enter Pakistan’s banking sector
ISLAMABAD: One of China’s premier investment banks, Credit Lyonnais Securities Asia (CLSA) is keen to enter the country’s banking sector, as it...
JDW sugar mills profits for FY 2017 tumble 26.13 percent
LAHORE: Jahangir Tareen’s JDW Sugar Mills profits tumbled 26.13 percent for the financial year 2017 ended 30th September 2017.
Gross sales of JDW...