SBP providing cheap financing facilities
FAISALABAD: State Bank of Pakistan (SBP) is providing cheap financing facilities with minimum markup rate to 5 important segments for the speedy,...
Power distribution system offers $4bn market: Awais Leghari
ISLAMABAD: Minister for Power Division, Sardar Awais Ahmed Khan Leghari has invited Japanese companies and investors for investing and exploring the $...
India’s pet coke ban may prove beneficial for Pakistan’s cement industry
KARACHI: Supreme Court of India has recently upheld the ban on the use of hazardous petroleum coke (pet coke) in and around...
ECP notifies Shariah Standards No 17, 18, 23 of AAOIFI
ISLAMABAD: The SECP has notified for public consultation three Shariah Standards of Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI);Â Shariah Standard...
Petrol prices may rise by Rs1.48 per litre based on OGRA proposal
LAHORE: The Oil and Gas Regulatory Authority (OGRA) on Wednesday recommended a hike of Rs 1.48 per litre in the price of...
Cement prices jacked up to Rs10/bag across country
LAHORE: The cement prices that have been climbing up since November 14, have now settled after getting an increase of Rs 10...
PHMA urges SBP to release procedure for applying DDT
LAHORE: Pakistan Hosiery Manufacturers Association (PHMA) on Tuesday urged State Bank of Pakistan (SBP) to issue procedures detail for applying drawback claims...
10,000MWs mean Pakistan needs to fix its power grid first
LAHORE: In its zeal to eliminate blackouts, Pakistan may have lost sight of another problem, its ageing transmission and distribution network.
As the...
PM directs DISCOs to maintain, upgrade distribution networks for uninterrupted power supply
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Tuesday directed all power distribution companies (DISCOs) to maintain and upgrade their distribution networks so...
NEPRA imposes heavy fine on NTDC
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs 5 million on National Transmission and Despatch Company (NTDC)...
NEPRA imposes penalty on PESCO, CPPA
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has finally imposed fine worth Rs 10 million each on Peshawar Electric Supply Company Limited...
SPMs could be highly beneficial in times of war
KARACHI: Apart from reducing cost, Single Point Mooring (SPM) could be considered strategic assets during times of war, said Commander Kaleem Ishaq,...
Power division lifts recruitment ban in power sector
ISLAMABAD: Ministry of Energy has now lifted the ban only on the recruitments in BS-1 to BS-7 in an apparent bid to...
Market Daily: Keeping head above water, KSE100 at 40032.17
LAHORE: KSE-100 index fell 234 points (0.6 per cent) as investors were concerned over the recent countrywide protests and clashes between religious...
Hoegh LNG pulls out of Pakistan LNG import project
LONDON:Â Shipping company Hoegh LNG on Friday cancelled a deal to provide a floating import terminal for a liquefied natural gas (LNG) project...