Pakistan’s food & oil imports spike up 26 percent

ISLAMABAD: The country’s food and oil import bill increased 26 percent on a year-on-year basis, touching $11.6 billion during first seven months...

Pakistan power sector losses will bulge to Rs360 billion in 2018

ISLAMABAD: As the government tall claims of ending power outages continue, Pakistan’s power sector losses are expected to touch Rs360 billion in...

PPL challenges Petroleum Division SRO in IHC

LAHORE: In a notification to the Pakistan Stock Exchange (PSX), Pakistan Petroleum Limited (PPL) has challenged an unnumbered SRO by the Ministry...

FPCCI hails Haroon Akhtar’s statement on coal power projects

ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Ghazanfar Bilour has hailed statement of Special Assistant to Prime Minister...

Computerisation of 223 National Savings centres completed to facilitate investors

ISLAMABAD: National Savings has completed the automation and computerisation of its 223 centres to facilitate investors and ensure more effectiveness in execution...

JCR-VIS reaffirms OGDCL’s rating at AAA and A-1 plus

KARACHI: JCR-VIS Credit Rating Company Limited has reaffirmed the medium to long-term entity rating of Oil and Gas Development Company Limited (OGDCL)...

Rise in internet and mobile banking witnessed

ISLAMABAD: A remarkable growth in internet and mobile banking has been witnessed through a rise in banking services through advanced and convenient...

WB to launch prosperity fund for Pakistan on Friday

ISLAMABAD: The World Bank (WB) in collaboration with United Kingdom (UK) Prosperity Fund would formally launch prosperity fund for Pakistan for the...

62nd meeting of National Logistics Board held

ISLAMABAD: The 62nd meeting of the National Logistic Board (NLB) was held here on Thursday. Federal Minister for Planning, Development and Reform...

MOL spends Rs90mn on water supply schemes

PESHAWAR: MOL Pakistan Oil and Gas Company has spent over Rs90 million till date to ensure the provision of clean drinking water...

Textile exports increase 7.2pc to $7.73bn in the last seven months

KARACHI: Pakistan’s textile exports surged by 2.1 per cent year-on-year (YoY) to $1.085 billion in January 2018 compared to $1.064 billion in...

Hum Network to launch an online grocery business

LAHORE: Hum Network Limited (HNL) through a notification to Pakistan Stock Exchange (PSX) has informed that the company is venturing into an...

Government to fully support Thar coal power projects

ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan on Wednesday assured full government support for the timely completion of...

WAPDA completes Harpo Skardu hydropower project feasibility report

ISLAMABAD: Water and Power Development Authority (WAPDA) has completed feasibility report of 34.5MW capacity Harpo Skardu hydropower project. This was stated by Project...

FPCCI appoints Muhammad Kamran Saleem as Takaful Standing Committee Chairman

KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has appointed Pak-Qatar Takaful Group (PQTG) Chief Financial Officer (CFO) and...