Number of branchless banking agents crosses 0.4mn
ISLAMABAD: The number of branchless banking agents are witnessing continuous surge throughout the country, crossing 0.4 million at end of July 2017.
The...
PAC directs ministry to address over-billing issue
ISLAMABAD: Public Accounts Committee (PAC) on Thursday directed the Ministry of Power Division, NEPRA to address the issue of overbilling by reducing...
Re-emerging supply, lower demand push down oil refining margins
SINGAPORE: Profits on refining fuel oil have been hammered to multi-month lows over the past two weeks on emerging signs of growing...
International rice clients are more interested to procure sustainable rice from Pakistan
SHEIKHUPURA: An Official from Van Sillevoldt Rijst (VSR) Netherland, VSR Director Henk Verschoor visited the Rice Partners Pvt Ltd (RPL) plant in Muridke,...
Pakistan GasPort to recommence LNG supplies on Dec 8
LAHORE: Pakistan’s second LNG import terminal, established by Pakistan GasPort Consortium Limited (PGPC) at Port Qasim, Karachi, shall recommence gas supplies to...
Pakistan’s tile industry reinvigorating after imposition of anti-dumping duty on Chinese tiles
LAHORE: Pakistan’s decision to place anti-dumping duties on Chinese tiles is paying dividends as one of the country’s oldest tile manufacturer in...
Oil prices climb as US crude inventories fall
SINGAPORE: Oil prices inched up on Thursday on a decrease in U.S. crude inventories, but rising gasoline stocks and crude production weighed...
Second LNG terminal disruption could cause gas shortage
KARACHI: A recently inaugurated second LNG terminal at Port Qasim, Karachi has suffered a major technical fault in its underground pipeline, resulting...
PSO ceases fuel oil imports citing drop in domestic demand
ISLAMABAD: Pakistan State Oil (PSO) has suspended imports of fuel oil after an abrupt drop in domestic demand as the country turns...
Kinnow export to Indonesia increases to $48 million
ISLAMABAD: Export of Kinnow (citrus fruit) from Pakistan to Indonesia has increased by 150 per cent to $48 million in the current...
SBP launches Asaan remittance account
KARACHI: In line with its efforts to enhance outreach of basic financial services to unbanked or underserved segment of the population, State...
Assets of non-banking financing sector up by 29pc
ISLAMABAD: As a result of efforts made by the Securities and Exchange Commission of Pakistan (SECP) in providing a transparent and robust...
Non-viable KE tariff will retard industrial sector’s growth in Karachi: FPCCI
KARACHI: Karachi is home to some of the largest industries in Pakistan and makes a significant contribution to the country’s Gross Domestic...
Power Division suspends senior officials on violation of load shedding schedule
ISLAMABAD: Taking cognizance of the issue of violation of power load shedding management schedule being faced in many parts of the country,...
Energy ministry lifts ban on recruitment in BS-1 to BS-16 in power sector
ISLAMABAD: Good news for those aspiring to get a job in power sector should get ready to secure an opportunity as Ministry...