CPPA-G conversion to independent power operator to be decided in March
ISLAMABAD:Â Process for conversion of Central Power Purchasing Agency-Guarantee (CPPA-G) from its current role of billing and financial agent of distribution companies to...
CCI offers provinces to take full control of electricity, gas generation
ISLAMABAD: The provinces during a meeting of the Council of Common Interests (CCI) on Monday have been offered to take full control...
Industries secretary lauds Indus Motor Company’s practices
KARACHI
“Indus Motor Company (IMC) sharing its experiences within and outside the company is encouraging, and we can move on the path of...
Computer service exports increase 32pc during July & August 2017
ISLAMABAD: The export of computer services grew over 30 per cent year-on-year to over $111 million during the first two months of...
Exports, imports suffer heavily as cargo transporters’ strike continues
KARACHI: Imports and exports have fallen heavily as angry cargo and goods transporters have continued their strike for 8th day against axle...
Provinces seek ten year tax break for oil and gas companies
ISLAMABAD: A ten-year tax break has been solicited by all provinces on their Provincial Holding Oil and Gas companies (PHCs) in the...
Oil prices mixed but expected output increase drags
The spread between Brent and WTI crude stands at around $8.7 a barrel, the widest since March 2015 due to the depressed price of U.S. crude compared to Brent
Oil hits one-month low after US inventory build
NEW YORK:Â Oil prices fell to a one-month low on Wednesday, after United States (US) data showed an unexpected build in refined products,...
Wapda demands Rs13 as tariff for Neelum-Jhelum
Consumers to cough up Rs49bn a year over two decades to pay off debts
ISLAMABAD: Neelum-Jhelum Hydropower Company – a subsidiary of the...
Govt willing to reduce GST on HSD to appease apex court
At current rates, the government hopes to fetch Rs55 billion per month on all POL products which includes Rs22 billion from petrol, Rs30 billion from HSD and Rs500 million from other products
Plastic imports fall 11.6pc to $1.63bn
In terms of quantity, however, plastic imports increased 2.62pc to 1.32m metric tonnes in 10MFY20
Businessmen will soon be allowed to invest in Australia: Adamson
ISLAMABAD:Â Australian High Commissioner to Pakistan in Islamabad, Margaret Adamson has said a policy will soon be announced regarding the issuance of...
SBP welcomes entry of non-banks in payment systems
KARACHI: State Bank of Pakistan (SBP) Deputy Governor Riaz Riazuddin said on Thursday the central bank is facilitating the entry of non-banks in the...
KE says will approach NEPRA for review of fine
KARACHI:Â Responding to the imposition on fine by National Electric Power Regulatory Authority (NEPRA), K-Electric has clarified in a statement that it was...
FBR urged to reactivate Alternative Dispute Resolution Committee (ADRC)
KARACHI:Â The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its pre-budget proposals, has urged the government to reactivate the Alternate...