CPEC: Pakistan will have to pay China $100 billion for loans obtained by 2024
Islamabad: China-Pakistan Economic Corridor (CPEC) is not all bell and whistles, as Pakistan would be required to payback China $100 billion for...
Oil prices decline after registering 20pc rise in third quarter
Tokyo: Oil prices fell on Monday, pausing for breath after posting gains of as much as 20 percent in the third quarter,...
Mobile phone imports grew 39.57pc during July-August
Islamabad: The import of mobile phones increased by 39.57 percent during July-August 2017 as compared to same period of previous year. The import...
Mari Petroleum potential growth momentum to pick up further
LAHORE: Production enhancement along with latest significant exploration activities are set to boost growth momentum for Mari Petroleum (Mari) for FY18, officials...
PFC delegation to visit Turkey soon
LAHORE: A 25 member delegation of the Pakistan Furniture Council (PFC) will visit Turkey for one week in October to explore new...
FIA registers fraud case of Rs55mn against 7 employees of private bank
DASKA:Â Federal Investigation Agency (FIA) has registered a Rs55 million fraud and embezzlement case against as many seven accused officials of a private...
3 Pakistani companies participate in Automechanika fair
KARACHI
Three companies from Pakistan participated in the Automechanika fair in Johannesburg. The companies include Atlas Battery, Diamond Tyres, and Rastgar Engineering. The...
First unit of Neelum-Jhelum Hydropower project to start generation in Feb 2018
Lahore: Neelum-Jhelum Hydropower project is said to be on the verge of completion as dry testing of electromechanical equipment and switch yard...
Exporters to EU advised to join REX before Dec 30th
Karachi: Pakistan is required to completely switch to the European Union's REX (Registration of Exporters) system for origin certification by December 30,...
Siemens signs agreement order for supply of 50MW wind farm in Pakistan
Lahore: The German company Siemens Gamesa has secured an order from the independent power producer Zephyr Power for the Engineering, Procurement and...
Chinese firm to invest Rs4b for setting up soda ash plant in Punjab
Lahore: A Chinese company has decided to invest heavily in different sectors of Pakistan’s economy and it will start its venture by...
Off-net call charges are over 198pc higher than they should be, says: PTA
Karachi: Pakistan Telecommunication Authority (PTA) is seeking the opinion of cellular mobile operators (CMOs) regarding the reduction of off-net call rates, which...
Rs2.12b recovered from Chinese firm for 2008 power project
Islamabad: In good news, the government has been successful in recovering Rs2.12b from Chinese firm Songfang Electric Corporation Limited (SECL) reported a...
ICSID refused key witness testimony in Karkey RPP case
Islamabad:  Senior government officials said International Centre for Settlement of Investment Disputes (ICSID) had ignored Pakistan’s corruption claims and refused a key...
Ogra proposes Rs2.36 per litre increase in petrol price
ISLAMABAD
After notifying due authorities the Oil and Gas Regulatory Authority (OGRA) has sent a summary to the Ministry of Petroleum and Natural...