Mobile phone imports increase 14.94 percent during July-November 2017

ISLAMABAD: Import of mobile phones in to the country during first five months of current fiscal year increased by 14.94 per cent...

Textile exports expected to grow with rupee devaluation  

KARACHI: Following the rupee depreciation, textile sector, having around 60 per cent share in total exports, is expected to be its key...

IRSA to cut water supply to provinces from December 25 

ISLAMABAD: Electricity load shedding might increase amid chilling weather as the Indus River System Authority (IRSA) has decided in consultation with the...

IRSA to close canals from Dec 26 to Jan 30 for de-silting

ISLAMABAD: The Indus River System Authority (IRSA) has decided in consultation with the provinces to close the canals for annual maintenance and...

PetroChina to acquire storage facilities, petrol pumps in Pakistan

BEIJING: PetroChina’s oil and gas trading arm aims to buy petrol stations and fuel storage facilities, setting up business in Pakistan, West Africa,...

Fatima Fertilizer, Fatimafert proposed merger delayed

LAHORE: A bourse filing Friday by Fatima Fertilizer Company Limited revealed its board of directors decided to delay the proposed merger between...

OGRA forwards final proposal for freight charges revision to APPCCA

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) Thursday finalized and forwarded its proposal to All Pakistan PSO Cartage Contractors Association (APPCCA) about...

Pakistan-Uzbekistan agree to enhance bilateral cooperation

ISLAMABAD: Pakistan and Uzbekistan on Wednesday agreed for enhancing bilateral cooperation and sharing each other’s expertise in the fields of agricultural and...

Gas consumers to bear extra cost of new gas supply schemes

ISLAMABAD: The federal government’s proposal to provinces of bearing cost of new gas supply projects near gas fields has been rejected outright,...

Refineries mull furnace oil exports, to restart production

LAHORE: Pakistan’s decision to move to Liquefied Natural Gas in place of furnace oil for fuel generation purposes has created a conundrum...

Oil prices remain unchanged, as North Sea pipeline expected to restart operations by January

NEW YORK: Oil prices were little changed on Thursday, erasing earlier losses after the operator of Britain’s Forties pipeline in the North...

Textile exports surge 7.66pc to $5.510bn in five months

ISLAMABAD: The textile exports from the country increased by 7.66 per cent during the first five months of the current fiscal year...

BP’s new procedure for PM Package not executable: PRGMEA

LAHORE: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Senior Vice Chairman Sheikh Luqman Amin has alleged that the ministries as well...

Pak-Russia big energy deal likely very soon

ISLAMABAD: Pakistan and Russia are close to formally signing bilateral agreements within days for the supply of gas and construction of two...

PM to inaugurate PAPCO’s White Oil Pipeline Mogas project

ISLAMABAD: Honorable Prime Minister of Pakistan Shahid Khaqan Abbasi will be the chief guest at the groundbreaking ceremony of White Oil Pipeline...