Pakistan’s resilience to climate change is limited: Moody’s
Rising temperatures and erratic rainfall can affect productivity in agriculture and increase the vulnerability of energy production, as 33% of Pakistan’s energy supply are hydropower-driven
Senate committee rejects report on DISCOs’ losses
ISLAMABAD: The Senate's Sub-Committee on Power rejected on Friday the figures presented by the distribution companies (DISCOs) regarding improvement in annual losses,...
CMAP suggests measures to generate Rs260bn annual revenue from tobacco industry
LAHORE: As Pakistan continues to lose billions of rupees every year due to illicit tobacco trade, the high-handedness of multinational companies and...
How do petrol pumps make money?
After all of the hullabaloo surrounding the increase in margins, how does the petrol pump business model even work?
NTDC energises Port Qasim Transmission Line to evacuate power from Bin Qasim Coal Power Plant
ISLAMABAD: National Transmission and Despatch Company (NTDC) has energised the first phase of 500kV double circuit quad bundle transmission line from Port...
FBR to submit reply today in PHC over tax reduction on cigarettes
ISLAMABAD:Â Federal Board of Revenue (FBR) is set to submit its reply today in Peshawar High Court (PHC) over an amendment in the...
In a market dominated by Toyotas and Suzukis, a Porsche dealership thrives in Lahore
Demand for luxury car in Pakistan is rising, and would rise faster if the government changed its import regulations, says Abuzar Bokhari
FBR bends over backwards to relax duty payments for PGP Consortium
ISLAMABAD: Pakistan GasPort Consortium Limited (PGPC) will clear customs duty on import of Floating Storage and Re-gasification Unit (FSRU) within one year...
Next cabinet meeting to decide extension of NIRC chairman
ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resource Division is all set to present a summary of extension in contract of...
Govt fails to bring back undeclared money under foreign assets scheme
ISLAMABAD: The outgoing government has failed to convince expatriates to bring back undeclared money to Pakistan under the voluntary declaration and repatriation...
SBP notifies revisions in manual for kerb market foreign exchange dealers
The central bank last month introduced identification requirements for all foreign currency buy and sell transactions equivalent to $500 or above on currency exchange companies and directed them to retain the copies of identification documents to comply with anti-money laundering rules
Saudi’s Aramco world’s most profitable oil company: Report
LONDON: Saudi Aramco is the world’s most profitable oil company, Bloomberg reported on Friday, but its huge earnings and cash flows may...
PML-N lawmakers assure completion of 3600MW power projects
Lahore: Pakistan Muslim League-N (PML-N) lawmakers assured on Tuesday completion of 3,600 megawatt power projects in Jhang, Sheikhupura and Balloki within the...
USDA projects Pakistan’s sugar production may decline to 6.5 million tons in 2018-19
The projected decline in sugar production has been attributed to a reduced area as farmers shifted to other crops like cotton and corn because of better prices and faster return on their investment
Unilever to invest $120 million for expansion of manufacturing operations across Pakistan
KARACHI: Unilever Pakistan on Monday announced a foreign direct investment of $120 million for expanding its manufacturing operations across the country over...