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...
Cement industry capacity utilisation touches 94.65pc
KARACHI: Cement industry of Pakistan despatched 2.261 million tonnes more cement in the first five months of this fiscal, which is 13.91...
SBP takes notice of skimming incidences
KARACHI: During the preceding week, State Bank of Pakistan (SBP) noted with concern that customers' information on debit cards of Habib Bank...
CDWP approves Attabad power project
GILGIT: The Central Development Working Party (CDWP) has formally approved Attabad power project of 32.5MW costing Rs 9.75 billion and has referred...
Telecom imports increase by 19.03pc
ISLAMABAD: Telecom imports into the country increased by 19.03 per cent during the first quarter of current fiscal year (July-September) as compared...
Agriculture borrowing enhanced as borrowers reached to 3.187bn: Senate Body told
ISLAMABAD: The Sub-Committee of the Senate Standing Committee on National Food Security and Research here on Tuesday was informed that agriculture sector...