Smuggling, misdeclaration pose dire threats to Pakistan’s steel industry
500,000 metric tons of steel are smuggled annually into Pakistan, says PALSP
NA body calls for workable solution to exporters’ woes
ISLAMABAD:Â The National Assembly's Standing Committee on Commerce and Textile on Tuesday advised the Ministry of Commerce to find a workable solution to...
PSMA rejects controversial tax concessions to CSCECL
KARACHI:Â The SRO issued to benefit the import material of China State Construction Engineering Corporation Limited (CSCECL) has been criticised by a number...
NTC imposes Anti-Dumping duty on CC Billets from China
KARACHI
As a result of the two-years long anti-dumping investigation by Pakistan’s National Tariff Commission (NTC) a 24.04pc duty has been imposed on...
Chinese interested to invest in Marble production
Chinese investors should consider investing in Pakistan’s growing stone industry as the country has a huge demand for marble, stated Federal Minister...
Oil falls on increased U.S. rig count, China industrial slowdown
International Brent crude oil futures were at $61.03 a barrel, down 61 cents, or 1 percent
Iran ready to increase electricity supply to Pakistan
Iran is ready to increase electricity supply to Pakistan from the existing 130 megawatts to 3,000 megawatts, said Iranian Consul General Ahmad Mohammadi, speaking at the Iranian Consulate General on Thursday...
BMW and Daimler team up on automated driving
BERLIN: Some 1,200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said on Thursday, the...
Petroleum ministry to undertake Rs190m coal exploration projects in Balochistan
Islamabad:  Ministry of Petroleum and Natural Resources would execute two new projects worth Rs 190 million for coal exploration and evaluation in different...
NEPRA okays 83-paisa per unit hike in power tariff
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA) on Thursday notified an increase of Rs0.83 per unit in power tariff on account of...
Real estate investment trust’s unable to seek funds from PSX due to high taxation regime
Pakistan Stock Exchange (PSX) has seen a dearth of listings from the real estate sector despite construction booming in the country. This...
Bidding for QASPL privatisation delayed
ISLAMABAD: The Punjab government, amid the ongoing NAB investigation and audit objections by AGPR, has delayed the bidding process of Quaid-e-Azam Solar Power Ltd....
Islamic Development Bank to use blockchain for development of Sharia-compliant products
RIYADH: The research arm of the Islamic Development Bank plans to use blockchain technology to develop sharia-compliant products, aiming to support...
Energy corridor between Pakistan, Tajikistan could improve regional connectivity
ISLAMABAD: A conference held by Tajikistan’s embassy and Centre for Global Studies (CGSS) on Monday emphasized for execution of an energy corridor...
The cost of surplus power
Prime Minister Shahid Khaqan Abbasi recently said that the country would experience an electricity surplus in the region of 2,400-3,400 MW by...