Profit: The year that was
The great land theft
By Farooq Tirmizi
If there is a single place that can be thought of as the foremost cathedral to free-market...
Setting the bar high
From 850 in 2000 to 1630 million tonnes per annum in 2016, the global steel production has nearly doubled since the turn...
Aamir might not succeed in turning Veon into Pakistan’s WeChat. But what if he does?
When Government of Pakistan opened its telecoms market to private sector 13 years ago, the country saw a massive inflow of foreign...
Saazgar engineering signs vehicle assembly agreement with Chinese firm
LAHORE: A bourse notification from Saazgar Engineering Works Limited (SAZEW), Monday revealed it signed a vehicle assembly cooperation agreement with an unnamed...
Amreli Steels strikes partnership with Chinese firm for sale of electrical transmission towers
LAHORE: A bourse notification from Amreli Steels Limited (ASL) revealed of entering into a joint venture with a Chinese firm Qinddao Huijintong...
HVDC transmission line from Port Qasim-Faisalabad may not be laid
LAHORE: Another feasibility study is set to be carried out for assessing whether a second 660KV high-voltage direct current (HVDC) transmission line...
Govt introducing fuel marking to prevent contamination of petroleum products
ISLAMABAD: To prevent contamination of POL products, Ministry of Energy (MOE) is seeking official consent of Economic Coordination Committee (ECC) to introduce...
Second LNG terminal set to commence operations by November 24th
ISLAMABAD: Preparations are complete for the opening of Pakistan’s 2nd Liquefied Natural Gas (LNG) terminal at Port Qasim as Pakistan LNG Terminals...
Wind power has 1.23pc share of energy mix in Pakistan
ISLAMABAD: Wind power now constitutes 1.23pc share of Pakistan’s energy mix and increased 0.46 percentage points by September 2017.
Alternative Energy Development Board...
IPPs seek PM Abbasi’s help to avert financial crunch
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has been approached by Independent Power Producers (IPPs) to resolve a deadlock that resulted in the...
Oil prices claw up, but register first weekly decline in six weeks
NEW YORK: Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S. crude pipeline...
SBP formulating plan to promote SMEs banking
LAHORE: Small and Medium Enterprises (SMEs) banking is poised for a shakeup, as State Bank of Pakistan has decided to initiate a...
Govt trying to improve performance of PSM and PIA: Bosan
MULTAN: The incumbent government is trying its level best to improve Pakistan International Airlines (PIA) and Pakistan Steel Mills, said Federal Minister...
Non-performing CEOs to be replaced if targets not met
ISLAMABAD: Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has directed that non-performing chief executive officers of the distribution companies...
FIA starts enquiry into Mari Petroleum scam
ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) government has allegedly caused gigantic loss worth Rs 600 billion to the national exchequer through changing the...