Oil industry seeking foreign currency exposure to be included in pricing of petroleum products
During the meeting last week, the oil industry had put forward the case for a continuation of 7.5% deemed duty on diesel refining and rise to 9% despite the Senate standing committee on petroleum order to scrap the deemed duty
Booming hospitality Industry
Bullish about growth in the hospitality business, Avari Group of Companies that owns Avari Towers in Karachi is launching five new hotels...
Pak pharma industry suffers from government’s shackles
A thriving sector in Pakistan’s economy, pharmaceuticals is a $3.2 billion industry, growing at 15% annually, while its exports now at $US200...
Renault vows ‘fresh start’ for alliance with Nissan
PARIS:Â Renault's chairman vowed a "fresh start" on Wednesday for the carmaker's strained alliance with Japanese partner Nissan, saying its success was key...
Irsa estimates 31 percent water shortage during early Kharif season
ISLAMABAD: Indus River System Authority (IRSA) has issued calls for the construction of two dams to counter the worsening water shortage which...
Pakistan, a strategic hub for Nokia
Twitteratti went haywire on June 20, 2017. It wasn’t about JIT probing the premier and his family for tax evasion nor was...
Could Custom Bonded Warehouses be the way to efficient petroleum imports?Â
Petroleum division suggests custom bonded warehouses for foreign suppliers as a possible stop-gap solution to import woes.Â
PM directs for rationalisation of LPG price
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday directed Ministry of Petroleum to take effective measures, in consultation with all stakeholders, for...
China for proper handling of IMF’s funds to Pakistan against Pompeo’s warningÂ
BEIJING: A spokesman of the Chinese Foreign Ministry, Geng Shuang at a regular news briefing here on Tuesday hoped that matters relating to the...
Investment in electronic media to surpass $5b in FY 2016-17
There has been a cumulative investment of approximately $4b in the electronic media industry in Pakistan. According to official estimates, electronic media sector has generated...
Govt appoints PSM CEO a day before board meeting
ISLAMABAD:Â Only a day before the scheduled meeting of Pakistan Steel Mills (PSM) Board of Directors (BoD), the Ministry of Industries and Production...
Govt urged to facilitate gemstone sector
Owing to the non-availability of a safe and guaranteed space, investors hesitate to invest in this sector
ISLAMABAD:Â All Pakistan Commercial Exporters Association...
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...
FPCCI urges govt to decrease gas and power tariff for textile industry
Karachi: Vice President, Federation of Pakistan Chambers of Commerce and Industry, Saquib Fayyaz Magoon on Tuesday urged the Federal Government to bring...
Pakistan to domestically generate 60pc electricity by 2030: minister
--Omar Ayub says new energy policy will help reduce electricity tariff
--SAPM Nadeem Babar assures transparent bidding in renewable energy projects
ISLAMABAD: Federal Minister...