Pakistan now viewed as hub of regional connectivity: Mushahid
KARACHI: Senator Mushahid Hussain has said that CPEC has already yielded dividends, with 22 Early Harvest Projects on track in energy, infrastructure,...
Non-berthing of PSO cargo reduces RLNG supply to 220 mmcfd: SNGPL
Total RLNG available was 600 MMCFD at this time and the weather condition at the port may become more severe by Tuesday and resultantly berthing of Pakistan LNG Limited upcoming cargo may get into difficulty
Upward shift in interest rates to take toll on several sectors of economy: FPCCI
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Ghazanfar Bilour while commenting on the recently announced monetary policy said...
NA body defers meeting to decide power tariff hike
LAHORE: The National Assembly’s Standing Committee on Commerce deferred on Thursday a meeting, earlier scheduled to be held tomorrow (Friday) in Islamabad...
Japanese electric rickshaws await FBR’s indulgence to launch in Pakistan
ISLAMABAD: The only hitch in the way of a Japanese company’s plans to introduce electric rickshaws in Pakistan through the import of...
Weekly inflation goes up by 1.71pc
ISLAMABAD: The weekly inflation for the week ended on June 13, for the combined income group witnessed an increase of 1.71 per...
Oil rises as producers trim output
Oil extended gains on Thursday amid signs that producers are cutting production to cope with a collapse in demand for fuel as...
Pakistan’s 1st waste-based energy project gets generation license
ISLAMABAD: In line with its efforts to promote renewable and indigenous resources for power generation, the National Electric Power Regulatory Authority (NEPRA)...
Oil eases as high US oil stocks outweigh weak dollar
LONDON: Oil prices edged lower on Thursday as a weaker dollar, which usually boosts oil prices, was outweighed by concerns about rising...
Zarrar Sehgal to head Clifford Chance’s banking and finance
Leading international law firm Clifford Chance today announced that Zarrar Sehgal has been named the Americas head of the Banking and Finance...
Investors to keep track on potential inflows from multilateral institutions
LAHORE: Experts believe that investors are going to keep a strict check on the economic development of the country with regards to its...
SBP revises guidelines on outsourcing arrangements
Karachi: The State Bank of Pakistan (SBP) has revised the ‘Guidelines on Outsourcing Arrangements’ with the objective of enabling financial institutions (FIs)...
National Incubation Centers raise Rs2.84bn investment, create 890 jobs
ISLAMABAD: The five fully featured National Incubation Centers established across the country, has so far raised an investment of Rs2.84 billion and...
SBP keeps policy rates unchanged at 5.75%
KARACHI: The State Bank of Pakistan (SBP) on Friday decided to keep the policy rate unchanged at 5.75 per cent following the...
The real reason behind a 1/3rd drop in Sep’ remittances
LAHORE: The recent drop in remittances by almost a third has been attributed to the “HBL saga” as per a research report published today....