Unpredictable rain pattern forces Punjab to build new irrigation systems
LAHORE: Most of Tajammul Abbas’s 17 acres of farmland produces nothing but fodder for his buffalo and three goats. His land, and...
Rising LNG imports could spark imminent closure of domestic oil refineries
KARACHI: Amidst rising liquefied natural gas (LNG) imports, local oil refineries are affront with a crisis, that not only threatens to destabilize...
China keen to establish $15 billion industrial park in Punjab
LAHORE: A Chinese province has expressed its interest to establish a $15 billion industrial park in Punjab province as China-Pakistan Economic Corridor...
Pakistan receives first LNG shipment from Nigeria
ISLAMABAD: A cargo shipment carrying 70,000 tons of Liquefied Natural Gas (LNG) from Nigeria arrived on Friday at Floating Storage and Regasification...
China will receive 91pc revenues from Gwadar port for 40 years
ISLAMABAD: Â China will receive 91 percent of the revenues set to be received from Gwadar Port and 9pc will go to Gwadar...
Renowned fashion brand Chanel has no immediate plans to start online sales
PARIS: France’s Chanel has no immediate plans for online sales of its coveted outfits or handbags, a senior executive said on Friday,...
Head of power sector entities asked to ensure timely completion of ongoing projects
ISLAMABAD: Power Minister Chaudhry Abid Sher Ali has directed the heads of power sector entities to complete their ongoing projects well before...
Chinese company plans to invest $9bn in KE by 2030
ISLAMABAD: Shanghai Electric Power Company (SEPC) Chairman Yundan Wang said on Friday that his company was planning to invest $ 9 billion...
ECNEC approves over Rs211bn power, social sector projects
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) Friday approved worth Rs 211.691 billion development projects including Rs 43.99 billion...
Investors meet PM, discuss setting up LNG terminal
ISLAMABAD: A consortium of private investors called on Prime Minister Shahid Khaqan Abbasi at Prime Minister’s Office on Friday and discussed a...
SBP upholds policy rates at 5.75pc
KARACHI: The Committee of the State Bank of Pakistan (SBP) on Friday kept the policy rates or discount rates unchanged at 5.75...
CDWP set to take up heavy agenda of projects worth billions of rupees
ISLAMABAD: Central Development Working Party (CDWP) is all set to take up a heavy agenda on Monday to approve 31 key projects...
Prime minister hails Mari Petroleum
ISLAMABAD: Prime Minister Shahid Khakan Abbasi during his visit at the closing session of Annual Technical Conference (ATC) and Oil Show 2017...
ADB irrigation project in Jalalpur to increase food production in Punjab
ISLAMABAD: The Asian Development Bank’s (ADB) Board of Directors has approved a $ 275 million loan to help build a surface irrigation...
Russia remains biggest supplier of crude oil to China
BEIJING: Russia held its position as China’s top crude oil supplier for the eighth month in a row in October, customs data...