Pakistan contemplating LNG imports from Indonesia
JAKARTA: Deputy Energy and Mineral Resources Minister Arcandra Tahar has said Indonesia plans to export liquefied natural gas (LNG) to two South...
Lahore High Court lifts EPA ban on Maple Leaf Cement’s construction site
LAHORE: A bourse notification filed Thursday by Maple Leaf Cement Factory Limited (MLCF) revealed in pursuant of a decision by the Lahore...
CCP set to conduct open hearing to address competition concerns in sugar sector
ISLAMABAD: To answer queries regarding stakeholder concerns in Pakistan’s sugar sector, the Competition Commission of Pakistan (CCP) has called for an open...
Ignoring shortage of gas, govt gives go-ahead for 235 new gas supply schemes
ISLAMABAD: Despite prevailing gas shortage across the country, the ruling PML-N government has decided to grant approval to 235 new gas supply...
Oil prices rise on reported fall in US inventories
SINGAPORE: Oil prices rose on Thursday on a reported decline in U.S. crude inventories, and as rebels in Nigeria threatened to attack...
Pakistan’s banking sector advances in 2017 grew 17 percent
KARACHI: A Topline Security report has revealed Pakistan’s banking sector advances during 2017 rose 17 percent to reach Rs6.53 trillion.
According to the...
Nepra discards review motions filed against CPPs upfront tariff
ISLAMABAD: Review motions filed against upfront tariff for gas-fired Captive Power Plants (CPPs) has been discarded by National Electric Power Regulatory Authority...
PPIB pondering slapping fines on delayed execution of Thar coal power projects
ISLAMABAD: A board meeting of Private Power and Infrastructure Board (PPIB) held on Wednesday is pondering to slap liquidated damages on delayed...
Industries of Sindh, Baluchistan to be provided RLNG soon: SSGC Chairman
KARACHI: The industries of Sindh and Balochistan would soon be provided with RNLG, said Chairman SSGC Lt. Gen.(rtd) Javed Ashraf on Wednesday.
This...
Oracle Power completes acquisition of Sindh Carbon Energy
LONDON: Oracle Power PLC saw its shares jump on news it is to take full ownership of the company that owns the mining...
Rana Afzal for resumption of banking ties, trade with Iran
ISLAMABAD: Pakistan’s Minister of State for Finance Rana Muhammad Afzal has expressed optimism for an early resumption of banking ties between Islamabad...
Pirzada for creating farmers-academia linkage to promote innovation in agri-sector
ISLAMABAD: Federal Minister for Inter-Provincial Coordination Mian Riaz Hussain Pirzada on Wednesday stressed the need for creating linkage between farmers and academia to promote...
Saudis to welcome Pakistanis with relaxed rules
ISLAMABAD:Â The Kingdom of Saudi Arabia has relaxed its visa policies and reduced visa fees for Pakistanis, and has agreed to set up...
JMC sketches roadmap for Saudi-Pak cooperation
ISLAMABAD:Â The Pakistan-Saudi Arabia Joint Ministerial Commission (JMC), after holding detailed deliberations for two days, drew a roadmap for future cooperation between the...
SBP launches Systemic Risk Survey
KARACHI:Â State Bank of Pakistan (SBP), has rolled out a Systemic Risk Survey (SRS) to gauge the views of market participants and experts...