Route survey for North-South gas LNG pipeline finalized
ISLAMABAD: The route survey for laying 1100-kilometer gas pipeline from Lahore to Karachi (North-South) has been completed and the Price Negotiations Committee,...
Seafood exports increase 9.08 percent during first half of FY 2017-18
ISLAMABAD: The exports of fish and fish preparations from the country during first half of current financial year increased by 9.08 percent...
Govt paid Rs598 billion domestic debt servicing costs during five months of FY 2017-18
KARACHI: Around Rs598 billion was paid on account of domestic debt servicing by the government during first five of financial year 2017-18,...
Oil prices remain firm on back of weakening dollar
SINGAPORE: Oil prices held firm on Monday, supported by strong demand, a weak dollar and ongoing supply cuts lead by OPEC and...
Free Zone to turn Gwadar into region’s big commercial hub: Chairman COPHC
GWADAR:Â Chairman China Overseas Port Holding Company (COPHC) Zhang Baozhong, on Sunday, said that with the construction of Free Zone, the port city...
7th NFC Award fails to give any policy in devolution of fiscal resources: IMF report
ISLAMABAD:Â The 7th National Finance Commission (NFC) Award has become redundant as it has failed to give any policy in terms of devolution...
FTA with Turkey to be concluded soon: Commerce secretary
ISLAMABAD:Â Ministry of Commerce Secretary Younas Dhaga has said that regarding the Free Trade Agreement (FTA) with Pakistan, the Turkish Commerce Ministry has...
Malaysia-Pakistan Business Council welcomes Pakistan’s high commissioner
KAULA LUMPUR:Â Malaysia-Pakistan Business Council (MALPAK), which was established in 2010 with the initiative of Federation of Pakistan Chamber of Commerce and Industry...
Investment scenario in Punjab improving fast: LCCI president
LAHORE:Â Investment scenario in Punjab province is improving fast as a large number of foreign investors have very recently signed agreements with the...
Sindh governor appreciates positive contribution of corporate sector in serving underprivileged
KARACHI: Sindh Governor Muhammad Zubair said that Pakistan’s economic growth and societal prosperity can be achieved through investment in infrastructure and energy sector...
Trade bodies meet Federal Minister Haroon Akhtar to mull budget proposals
ISLAMABAD:Â Office-bearers and representatives of various trade associations met Special Assistant to Prime Minister (PM) on Revenue and Federal Minister Haroon Akhtar Khan,...
MCB Bank inaugurates Gaddafi Stadium branch
LAHORE: MCB Bank, one of Pakistan’s largest and most innovative banks, inaugurated its conventional banking branch at Lahore's Gaddafi Stadium on Friday.
The inauguration...
WAPDA chairman discusses financing for WAPDA projects with French ambassador
LAHORE:Â The Pakistan Water and Power Development Authority (WAPDA) Chairman Lieutenant General (retd) Muzammil Hussain today called on the French Ambassador to Pakistan...
SBP increases discount rate by 25bps to 6 per cent after 19 months
KARACHI:Â The State Bank of Pakistan (SBP) governor, on Friday, increased the discount rate by 25 basis points to 6 per cent after...
Diesel generators major source of environmental pollution, say: Telcos
KARACHI: Various Pakistani telecom operators said they are being forced to invest in power generation to provide uninterrupted mobile services to millions of...