CPHGC achieves first synchronisation with national grid
KARACHI:Â China Power Hub Generation Company (CPHGC) achieved yet another milestone when the unit 1 of the 2x660MW coal-fired power project successfully synchronized...
9th Interiors Pakistan Expo to be conducted from Dec 15
LAHORE
Pakistan Furniture Council (PFC) is set to hold the 9th Interiors Pakistan Expo-2017 from December 15, here at the Expo centre to...
Goldman Sachs chief Blankfein to retire soon
NEW YORK: Longtime Goldman Sachs chief executive Lloyd Blankfein is in talks to retire and has been contributing to the bank’s choice...
Govt urged to reduce inconsistencies between taxes on input, output in fertilizer industry
ISLAMABAD: The government has been urged to decrease taxes on utilization of gas as feedstock to end inconsistency between taxes on input...
FBR likely to introduce 3rd tier taxation for cigarettes
Federal Board of Revenue (FBR) has reportedly approved the draft to introduce 3rd taxation tier for Pakistan’s tobacco industry. FBR is hoping...
SECP takes on board top universities for promotion of Islamic finance
KARACHI:Â The Securities and Exchange Commission of Pakistan (SECP) signed a memorandum of understanding (MoU) with three centres of excellence in Islamic finance,...
Govt’s dubious role questioned in PSM revival
ISLAMABAD: Demanding an inquiry into the mismanagement and corruption in the Pakistan Steel Mills (PSM) from the period (2006-18), the Pakistan Steel...
ADB loan to be obtained only if interest rate suits Pakistan Railways says: Saad Rafique
Lahore: Minister of Railways, Khawaja Saad Rafique while presiding over a ceremony held at the railway headquarters on Wednesday, said that the...
Rupee devaluation fails to spur growth in exports, touch $9.120 billion in 5MFY19
Trade deficit for July-November FY19 fell to $14.51 billion or 2.0% from $14.81 billion in the corresponding period of last year
Power consumers bearing the cost as Disco losses soar to Rs213 billion
ISLAMABAD: Power distribution companies have incurred over Rs213 billion in line losses over the past year, as power consumers bear the brunt...
‘Gwadar refinery to help Pakistan achieve autarky in petroleum sector’
ISLAMABAD:Â A state-of-the-art oil refinery and petrochemical complex, being established at Gwadar deep seaport with around $11 billion Saudi investment, would open new...
Indus Motors jacks up prices of Corolla for fourth time this year
Indus Motor has hiked the prices by Rs50,000 for Toyota Corolla XLI to Rs1.944 million till December and it will see a further rise of Rs50,000 in January to Rs2.044 million
CPEC digital information channel fully connected
'On July 13, the 2,950-kilometer-long China-Pakistan optical cable from Urumqi to Rawalpindi was fully connected and tested well.'
BEIJING: The 'China-Pakistan Economic Corridor (CPEC)...
PSO demands Rs 80 bn to ensure zero power outages during, Sehr, Iftar of Ramadan
Pakistan State Oil (PSO) has asked the government to immediately release Rs 80 billion to ensure zero electricity load shedding in rural...
Power Cement to obtain €30m foreign loan for ongoing clinker expansion project
Power Cement announced it had completed the financing arrangements of Rs24.9 billion ($205 million) for the 2.5Mta expansion of its cement plant in the Nooriabad Industrial Area, Kalo Kohar District, Jamshoroo, Sindh