LPG prices surge due to shortage

Karachi: Federation of Pakistan Chambers of Commerce and Industry Standing Committee LPG Chairman Irfan Khokhar said on Wednesday that liquefied petroleum gas...

Govt to raise Rs3.75t via PIBs and market treasury bills

Karachi: State Bank of Pakistan (SBP) on Wednesday announced that government would be borrowing Rs3.75t during the period of August-October. This money is...

Govt focused on implementing textile policy

Islamabad: The government is working to implement the textile policy 2014-15 on priority in its true spirit and for maximum benefit of...

PAEC says 8,800MW electricity to be generated from nuclear sources by 2030

Islamabad: Pakistan Atomic Energy Commission (PAEC) will generate some 8,800 MW electricity from nuclear sources by 2030. Official sources Wednesday told APP, construction of...

Govt to spend Rs37.97m for appraisal of Badin’s coal deposits

Islamabad: The government will spend Rs37.977 million more for appraisal of huge coal reserves confirmed by the Geological Survey of Pakistan (GSP)...

Commerce ministry exploring ways to enhance exports

Islamabad: The ministry of commerce is exploring potential international markets to enhance exports, a senior ministry official said on Wednesday. "We are working...

Pakistan and India combined imported 8pc of global LNG supplies in 2016

Singapore: South Asia, long a backwater for energy markets, is emerging as a hotspot for liquefied natural gas (LNG), with Pakistan and...

Japan provides technical support to local auto parts manufacturers

LAHORE Japan’s technical support has helped local auto parts manufacturers to get trained for the export market level by improving quality and productivity...

Up gradation, expansion: refineries may not meet deadline again

LAHORE Oil refineries in Pakistan may not complete their up gradation and expansion this time as well, despite being given additional 18 months...

Oil prices decline 1pc due to high OPEC output

Singapore: Oil prices fell by 1 percent on Wednesday, with rising U.S. fuel inventories pulling U.S. crude back below $50 per barrel,...

German companies express interest to invest in wind energy

Hyderabad: German companies have expressed keen interest in investing in wind power in Pakistan, aiming to assist the government in overcoming the...

Paypak gets approval to launch its payment services

Lahore: State Bank of Pakistan (SBP) has given approval to Onelink for launching its Paypak payment services. Once Paypak starts its operations commercially,...

Exporters advised to register with REX system to keep availing EU’s GSP+ facility

Karachi: Federation of Pakistan Chambers of Commerce and Industry, Vice-President Irfan Ahmed Sarwana on Tuesday at a seminar urged exporters to register...

SBP’s foreign exchange reserves fell by $3.9b since October 2016

Karachi: According to data available, the foreign exchange reserves held by the State Bank of Pakistan (SBP) are said to have fallen...

Ajinomoto keen to increase its investment in Pakistan

Tokyo: Pakistan’s newly appointed ambassador to Japan, Asad Majid on Tuesday disclosed that Ajinomoto Co Inc has shown inclination to expand its...