CDWP approves Attabad power project

GILGIT: The Central Development Working Party (CDWP) has formally approved Attabad power project of 32.5MW costing Rs 9.75 billion and has referred...

Telecom imports increase by 19.03pc

ISLAMABAD: Telecom imports into the country increased by 19.03 per cent during the first quarter of current fiscal year (July-September) as compared...

Agriculture borrowing enhanced as borrowers reached to 3.187bn: Senate Body told

ISLAMABAD: The Sub-Committee of the Senate Standing Committee on National Food Security and Research here on Tuesday was informed that agriculture sector...

Ahsan for private sector to capitalize business opportunities under CPEC

ISLAMABAD: Minister for Interior, Ahsan Iqbal on Tuesday said private sector must play the role of an engine of growth under China...

Engro Elengy Terminals to reduce gas deficit of Pakistan by 30pc

KARACHI: As the conversion of fuel from diesel to liquefied natural gas (LNG) has started showing positive changes in the energy sector,...

Port Qasim Plant to provide cheapest electricity among all CPEC projects

KARACHI: Port Qasim Coal-Fired Power Plant has become the cheapest power generation unit among all power plants installed under the game-changing China-Pakistan...

PTA to introduce DIRBS for blocking stolen, smuggled mobile phones

ISLAMABAD: Pakistan Telecommunication Authority (PTA) is set to introduce ‘Device Identification, Registration and Blocking System’ (DIRBS) for the blocking of smuggled, illegal...

Rice exports rose 16.87pc during July-October 2017

ISLAMABAD: Rice exports from the country during first four months (July-October) of current fiscal year increased by 16.87 per cent compared to...

“Buzz” from Buzzfeed fades, as Mashable searches for emergency buyer

NEW YORK: BuzzFeed has given up on going public for now and Mashable is looking for an emergency buyer. The honeymoon period looks to be...

Private sector’s credit off-take surges up four times during July-November 2017

KARACHI: Data released by State Bank of Pakistan (SBP) on Monday revealed private sector’s credit off-take from commercial banks has boomed and...

Rayomond Kotwal takes helm as acting CEO, Habib Bank Limited

KARACHI: Habib Bank has notified Rayomond Kotwal as acting chief executive in place of current CEO Nauman Dar who is set for...

Oil prices inch upwards, on expected fall in US crude stocks

SEOUL: Oil markets rose in early Asian trade on Tuesday, buoyed by expectations of a drop in U.S. crude stockpiles and after...

Road projects under CPEC face delays, as Chinese halt funding

ISLAMABAD: Certain road projects under China-Pakistan Economic Corridor (CPEC) have been deprived of funding by China and it will remain suspended till...

Tax exemption spurring IT industry growth

ISLAMABAD: Tax exemption on Information Technology exports, IT services and products until June 2019 is helping to promote IT industry, which will...

CDWP approves 17 projects worth Rs19.2bn

ISLAMABAD: The Central Development Working Party (CDWP) approved 17 projects of worth Rs 19.2 billion and forwarded 7 mega projects of worth...