SAPM seeks US investment in LNG sector amid favourable TPA rules

Special Assistant to Prime Minister on Petroleum (SAPM) Nadeem Babar has said that Third Party Access (TPA) rules are a favourable development...

MoC finally submits five-year textile policy to ECC for approval

Ministry proposes incentives worth Rs950bn; sets export target at $21bn

APTMA chief Gohar Ejaz to head FBR’s tax settlement body

LAHORE: The Federal Board of Revenue (FBR) has appointed All Pakistan Textile Mills Association (APTMA) Patron-in-Chief Gohar Ejaz as head of its...

CCP inquiry blames cement makers’ body for cartelisation

ISLAMABAD: The Competition Commission of Pakistan (CCP) on Tuesday announced that it had found firm evidence of cartelisation in the cement sector...

Big industry expands 6.6pc in October

ISLAMABAD: The large-scale manufacturing (LSM) sector grew 6.6 per cent YoY during October 2020, according to data released by the Pakistan Bureau...

Steelmakers feel the heat of rising input costs

ISLAMABAD: The drastic increase the prices of raw material has created a crisis-like situation in the struggling steel sector of Pakistan, as...

NEPRA approves Rs1.11 per unit hike in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Monday approved Rs1.11 per unit hike in power tariff on account of variations...

Export-oriented industry to get uninterrupted gas: Dawood

ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has said that the export-oriented industry will be supplied uninterrupted gas...

Cabinet likely to ratify gas load management plan for winter

ISLAMABAD: The federal cabinet is likely to ratify the Cabinet Committee on Energy (CCoE)'s decision regarding natural gas load management for the...

NEPRA approves reduction in industrial tariff

ISLAMABAD: In line with the prime minister's promise to the small & medium industries, the National Electric Power Regulatory Authority (NEPRA) has...

700MW Azad Pattan hydropower project nears financial close

ISLAMABAD: Pakistan and China have taken another step towards achieving the financial close of the 700MW Azad Pattan Hydropower Project, which is...

FIA asked to probe Rs80bn misappropriation in Nandipur power project

ISLAMABAD: Power Division Minister Omar Ayub Khan has said that the previous government of Pakistan Muslim League-Nawaz (PML-N) had signed expensive energy...

Govt likely to approve ‘uniform standards’ for steel industry

ISLAMABAD: The country's steelmakers have demanded the government to implement uniform standards for steel and its raw material in the country, sources...

K-Electric profit slips in July-Sept quarter

The Board of Directors of K-Electric Limited (KE), in its meeting held recently at the KE head office, approved the company's financial...

LPG price hiked to Rs132 per kg

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Monday notified a Rs2/kg hike in the price of Liquefied Petroleum Gas (LPG)...