Tobacco exports surge by 34.93pc during FY 2016-17
Islamabad: The tobacco exports from the country saw sharp increase of 34.93 percent during the Fiscal Year 2017 as compared to same...
Micro-finance sector recorded 47.3pc growth in its portfolio till December 2016
Islamabad: The microfinance sector witnessed 47.3 percent growth in its aggregate micro-credit portfolio, which grew to Rs136.9 billion till December (2016-17) compared...
Iran, Turkey, Russia ink oil cooperation agreement
TEHRAN
A tripartite oil partnership and investment agreement were signed in Moscow between Iran, Turkey and Russia.
The three-party oil deal was sealed between...
K-Electric gets approval for setting up a 900MW R-LNG power plant at Bin Qasim
Karachi: In a notification sent to the bourse on Thursday, K-Electric (KEL) announced that in a board meeting held on August 9th,...
PM directs power and finance ministry to formulate strategy for reducing circular debt
Islamabad: The relevant stakeholders in the power industry on Wednesday were directed by PM Shahid Khaqan Abbasi to investigation the reasons for...
Kapco shows intent to acquire 17.36pc shares of Hubco
Karachi: In a notification sent to the bourse, Kot Addu Power Company (KAPCO) has shown its intent to acquire 14.9pc (172,582,000) ordinary...
PSO pondering Rs40b investment to expand market share
Karachi: According to Taurus Securities, Pakistan State Oil (PSO) the state-owned conglomerate is considering investing up to Rs40b for revamping its storage...
PCMA calls for joint-ventures with China in chemical sector
Lahore: Pakistan Chemical Manufacturers Association (PCMA) has urged the government to include the chemical sector in China-Pakistan Economic Corridor (CPEC).
In a meeting...
South Korean entities vie for better economic ties with Pakistan
Lahore: The economic growth of Pakistan has impressed South-Korean companies and they are eager to establish and develop their business operations here...
Russian company agrees to setup oil refinery in KP
Islamabad: A memorandum of understanding (MOU) Â was signed between Russian consortium of investors which includes Inter-Rao Engineering and Himmash Apparat will be...
PM Abbasi calls for shift to RLNG power plants
Islamabad: Pakistan which currently produces 60pc of its electricity from furnace oil, will see it being gradually replaced by Liquefied Natural Gas...
Deadlock persists between PSM and NIP over land sale price
Islamabad: A meeting between Pakistan Steel Mills (PSM) and National Industrial Parks Development and Management Company (NIP) took place yesterday to resolve...
Fertilizer dealers oppose demand of NTN by FBR
Karachi: The fertilizer industry has appreciated the recent issuance of a notification by the government. However, some objections are still being raised...
Domestic growers urge government to reduce cotton imports
Islamabad: Cotton growers on Wednesday urged the government for offering level playing field to local farmers in order to reduce the import...
PBIF calls for export diversification to bolster exports
Karachi: President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain on Wednesday said Pakistan’s export base is shrinking, therefore, the government...