Telecom indicators in the first half of 2017

Cellular subscribers for the first half of fiscal year 2017 clocked in at 136 million, indicating a growth of 2.4% since July...

Govt requests third extension for Dasu Dam deadline

LAHORE: The government has requested the World Bank for extending the 2,160 MW Dasu Dam deadline for the third time to utilise...

Oil prices reach two-year peaks, after North Sea pipeline fault

LONDON: Oil prices jumped to their highest in more than two years on Tuesday after the shutdown of a North Sea pipeline...

Govt gives nod to GIDC recovery from CNG sector

ISLAMABAD: The cabinet has given go-ahead for recovery of Gas Infrastructure Development Cess (GIDC) from the Compress Natural Gas (CNG) sector. This was...

PHMA welcomes government move to reduce sales tax on raw material supplies

Lahore: The Pakistan Hosier Manufacturers and Exporters Association (PHMA) on Thursday has welcomed the governments initiative in the next financial year’s budget...

Investable funds shifting to unproductive sectors: PBIF

KARACHI Pakistan Businessmen and Intellectuals Forum (PBIF) President Zahid Hussain on Wednesday said laws governing economy have continued to prefer trade over the...

‘Malaysia to supply palm byproducts to Pakistan at affordable rates’

Malaysian Consul General Khairul Nazran Abd Rahman has pledged to supply all palm byproducts to Pakistan at reasonable prices. He was addressing the...

ICI Pakistan reports 16pc increase in profits for FY 2016-17

Karachi: In a notification sent to the Pakistan Stock Exchange on Monday, ICI Pakistan has announced its results for the financial year...

Petrol, diesel prices expected to go up by Rs3.56 & Rs6.99 per litre

ISLAMABAD: Petrol prices are expected to be jacked up by over Rs3.56 per litre, as diesel prices will also see a hike...

SEZs to commence operations within next two years: BOI

Islamabad: The Board of Investment (BOI) on Friday said that Special Economic Zones (SEZs) equipped with modern state-of-the-art facilities for foreign and...

Ten Rs25 billion SEZ projects face delays, threatens investment

ISLAMABAD: Over ten projects of Rs25 billion in various sectors like automobile, auto parts, steel and pharma have been marred by delays...

ICI Pakistan temporarily closes polyester plant

In the wake of the coronavirus situation in the country, the ICI Pakistan has temporarily closed its Polyester Plant and office locations...

Dost Steels set to start commercial operations from March 2018

LAHORE: A bourse notification filed Wednesday by Dost Steels Limited announced it would be starting trial productions from 1st of February. DSL stated,...

NAB initiates inquiry against OGRA

ISLAMABAD: National Accountability Bureau (NAB) has finally swung into action and launched an inquiry against Oil and Gas Regulatory Authority (OGRA) over...

ICCI urges government to promote youth entrepreneurship

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Senior Vice President Muhammad Naveed said that youth is the future of Pakistan and...