Sindh Lakhra Coal Mining Company gets exploration license
KARACHI: Sindh Chief Minister Syed Murad Ali Shah while presiding over the Sindh Coal Authority's (SCA) 30th board meeting here at the...
Overall demand for loans rose during Q2 FY18, says: SBP
LAHORE: The State Bank of Pakistan released its “Bank Lending Survey” for quarter two FY 2018 on Thursday, with feedback from 18...
Hi-Tech Lubricant gets OGRA nod to seek NOCs for setting up 26 petrol pumps
LAHORE: A bourse notification filed Thursday by Hi-Tech Lubricants Limited (HTL) announced it had received permission from Oil and Gas Regulatory Authority...
Opposition parties gang-up, call for making LNG deal with Qatar public
ISLAMABAD: Calls for making the multibillion dollar LNG deal that Pakistan made with Qatar be made public are rising as the countries...
ZTE lambasts US lawmakers security concerns, says it’s a trusted partner
BEIJING: Chinese telecoms equipment group ZTE Corp hit back on Thursday against concerns from U.S. lawmakers that it is a vehicle for...
Pakistan, Canada agree to work for enhancement of agriculture sector
ISLAMABAD: The Commerce Minister of Pakistan, Pervaiz Malik and the Canadian Minister of Agriculture and Agri-Food, Mr. Lawrence MacAulay agreed to boost...
Oil prices consolidate gains, driven up by weakening dollar
SINGAPORE: Oil prices on Thursday extended gains from the previous session, pushed up by a weak dollar and by comments from Saudi...
Hascol enters into joint operations agreement with Total Parco
LAHORE: A bourse notification filed Thursday by Hascol Petroleum revealed it had entered into a joint operations agreement with Total Parco Pakistan...
Artistic Denim Mills production doubles, as Pakistani textile exports stagnate
KARACHI: In all the hurrah of stagnating textile exports from Pakistan, one company Artistic Denim Mills is setting itself apart from its...
Asia’s surging gas demand opens opportunity for LNG projects
NUSA: Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for...
Govt terminates ADB sponsored AMI meter scheme
ISLAMABAD: Pakistan has refused to go-ahead with Asian Development Bank supported $5 billion drive of installing Advanced Metering Infrastructure (AMI) meters across...
Limiting Iranian fruit imports spooks up domestic exporters
KARACHI: Pakistan’s decision to limit fruit imports from Iran has spooked domestic exporters that neighbouring nations would respond back by enacting similar...
SBP issues Shariah compliant long-term financing facility for exporters
KARACHI: In order to provide a Shariah-compliant alternative of conventional Long Term Financing Facility (LTFF) to meet the long-awaited demand of exporters,...
NA committee recommends tax exemption for ZTBL farmers
ISLAMABAD: The National Assembly Standing Committee on Finance, Revenue and Economic Affairs has recommended income tax exemption to Zarai Taraqiati Bank Limited (ZTBL)...
Meezan Bank profits rise 13.5 percent for FY 2017
LAHORE: In a bourse notification filed Wednesday, Meezan Bank Ltd announced its financial results for the year ended December 2017, posting profit...