SBP issues concessionary financing facility for special persons
KARACHI:Â The State Bank of Pakistan (SBP) has issued a concessionary small enterprise financing and credit guarantee facility for special persons.
SBP Governor Tariq...
Petroleum minister briefed on pace of offshore drilling at Indus G-Block
Exxon Mobil Chief Executive Officer Irtiza Syed on Wednesday briefed Petroleum Minister Ghulam Sarwar Khan on the pace of ongoing exploration activity...
Cement sales spike up by 45pc in July
Lahore: On Friday, it was reported that cement sales had spiked up by a remarkable 45pc in comparison to same period last...
WAPDA to enhance Mangla capacity to 1310MW Â
Pakistan Water and Power Development Authority (WAPDA) is implementing Mangla Refurbishment Project with an approved PC-I cost of Rs 52.224 billion.
During visit...
Knitwear sector sees 16pc export growth in Jan
KARACHI: The knitted garments sector was leading the textile chain exports of the country, registering a growth of 16.25pc in the month...
ADB may join to TAPI pipeline financing
The Asian Development Bank (ADB) does not exclude the possibility of funding the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline construction, Chin Choon Fong, senior...
Experts call for tax reforms to achieve economic stability
ISLAMABAD:Â It is deplorable to note that even today; the industry of Pakistan bears 72pc of the tax burden, while 28pc burden was...
Saudi Aramco building global gas business to cut carbon footprint
DUBAI: Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more crude oil into chemicals in...
ICST backs govt move to establish two more LNG terminals
Islamabad: Islamabad Chamber of Small Traders (ICST) on Tuesday said business community fully supports the government decision to establish two more LNG...
PM directs power ministry, heads of DISCOs to improve efficiency
ISLAMABAD
Prime Minister Shahid Khaqan Abbasi Friday directed Ministry of Power and the heads of the power distribution companies (DISCOs) to come up...
China hikes tariffs on US goods after Trump warning
BEIJING:Â China said on Monday it would impose higher tariffs on most US imports on a revised $60 billion target list, hitting back...
Oil prices climb due to Iran sanction threats
Singapore: Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while...
Trump’s Huawei ban raises hopes for Chinese chip suppliers
SHANGHAI: Washington's blacklisting of technology giant Huawei has taken a toll on US semiconductor shares, but China-listed firms have rallied as investors...
Mughal steel proposes improvement & expansion worth Rs1b
Mughal Iron and Steel Industries Limited has announced to invest Rs1 billion to improve and expand steel re-rolling process, billets and in-house...
PTC contributes Rs 15 billion to national exchequer in Q1, 2017
Tobacco Company Limited (PTC), has contributed Rs 15 billion to the national exchequer in the form of excise duty, sales tax, income...