Motorbikes production increase to1.209m units in 9 months

The production of Motorcycles and three-wheelers in the country increased to 1.209m units during first nine months of the the current fiscal year...

Power ministry resorts to additional subsidy as circular debt mounts

With energy companies facing a looming default crisis and warning the government of invoking sovereign guarantees, the  Ministry of Water and Power...

Finance Minister chairs NEC meeting, reviews progress in AML & CFT

The NEC is a high-level body established to oversee both policy and implementation matters of the anti-money laundering (AML) and counter financing of terrorism (CFT) regime

Colgate Palmolive profit after tax rises 16pc YoY

Karachi: In a notification sent to the Pakistan Stock Exchange on Thursday, Colgate Palmolive Pakistan (CPP) has announced its financial results for...

Sindh demands adequate representation on board of new split-up gas companies

ISLAMABAD: In a breakthrough of proposed splitting up of gas distribution companies, the Sindh government has given its conditional nod given provinces...

US, European buyers keen to invest in eco-friendly Pakistani textile

FRANKFURT: Global buyers especially US and Europeans are taking keen interest in eco-friendly Pakistan’s textile industry which became evident in the Heimtextil...

ACCA hosts thought leaders at ‘Pak Leadership Conversation’

ISLAMABAD: The Association of Chartered Certified Accountants (ACCA) is one of the world’s most forward-thinking global bodies of professional accountants, supporting its...

SAPM warns of strict action against gas thieves

Special Assistant to Prime Minister on Petroleum Nadeem Babar said on Thursday said that the authorities have started taking strict action against gas thieves...

Saad Rafique calls for public-private partnership to revive PR

Federal Minister for Railways Khawaja Saad Rafique has offered the private sector to run freight trains.He has asked the Lahore Chamber of...

Loadshedding could rise, as power crisis expected to worsen

ISLAMABAD: The governments promise of ending power outages seems farce as reduction in gas supply caused power plants generating 3,000MW of electricity...

Govt mulls auctioning underutilised capacity of LNG terminals

ISLAMABAD: The government has been considering leaving Liquefied Natural Gas (LNG) imports to the private sector and planning to auction the underutilised...

SBP updates country’s liquid foreign reserves position

The State Bank of Pakistan (SBP) on Thursday, updated the state of Pakistan’s liquid foreign reserves position. The total liquid foreign reserves held...

NAB starts investigation to indict those responsible for shutdown of PSM

ISLAMABAD: National Accountability Bureau (NAB) has initiated an investigation to identify those responsible for the shutdown of Pakistan Steel Mills (PSM) and...

OGDCL injects five new oil, gas wells in production gathering system

ISLAMABAD: Oil and Gas Development Company (OGDCL) has injected five new oil and gas wells, producing 4,133 barrels crude oil and 891...

Health minister requests finance ministry to withdraw 3rd slab of FED on cigarettes

ISLAMABAD: In what could be dubbed as a much need-move, the Federal Minister for National Health Services Aamer Mehmood Kiani has recommended...