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...
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...
KP gives nod to center’s proposal for forming upstream regulator
ISLAMABAD: Khyber-Pakhtunkhwa (KP) has given its nod to the center’s proposal for an upstream regulator that would overlook matters linked to oil...
LCCI to explore new markets for Pakistani goods
LAHORE: Exploration of new markets for Pakistani merchandise, reduction in the cost of doing business, water scarcity and strong liaison between public...
Norwegian energy entity approaches Nepra seeking tariff approval for solar plants
KARACHI: A Norwegian energy entity is seeking tariff approvals for its 150 megawatts peak (MWp) solar plants from Nepra.
It has approached National...
Commercial banks foreign currency deposits rise in anticipation of rupee devaluation
KARACHI: An increase of US$1.2billion has been reported in foreign currency deposits of commercial banks in a period of last four months....
Chinese firm to provide Rs15 billion loan to Gwadar port authority
KARACHI: China Communication Construction Company (CCCC) will be providing a Rs15billion interest-free loan to the Gwadar Port Authority (GPA) for the establishment...
Defence & Interior Ministry issue NOC for K-Electric’s sale to Chinese entity
ISLAMABAD: Defence Ministry has given security clearance to Shanghai Electric Power (SEP) for the acquisition of K-Electric.
SEP received no-objection certificates from the...
Rebate is essential on export of yarn, APTMA explains
KARACHI
All Pakistan Textile Mills Association (APTMA) Sr Vice Chairman Zahid Mazhar, has strongly rejected the suggestion of CAPTA Chairman Zubair Motiwala, made...
Forty-three companies from Pakistan to showcase products at Shanghai expo
Karachi: Forty-three companies from Pakistan are participating in Intertextile Shanghai Apparel Fabrics & Yarn Expo to be held from 11-13 October 2017 in China’s...
Golen Gol Hydropower project’s first 36-MW unit to start production in two months
Islamabad: A local newspaper reported that Golen Gol Hydropower Project will start generating electricity in about two months time.
Located in Chitral district...
Pakistan earned $94.059m from mango exports
Islamabad: Mango exports earned Pakistan $94.059 million in foreign exchange during 2014-16, officials in the Commerce Division said on Tuesday.
Quoting figures compiled...