Hakla-D.I. Khan Expressway to be completed next year

Islamabad: The construction work on 285 kilometer long Hakla-Dera Ismail Khan Expressway is in full swing and the project would be completed...

Multi-year tariff structure would be financially constraining says: K-Electric

Karachi: On the second day of the scheduled hearing by National Electric Power Regulatory Authority (Nepra) into K-Electric’s (KE) review motion, the...

Borrowing from private sector surges by 126pc: SBP report

Karachi: A recently released report from State Bank of Pakistan (SBP) has revealed that borrowing from the private sector has surged by...

Petroleum ministry contemplating floating tenders for building of oil pipeline

Islamabad: The tragic oil tanker incident which took place in Ahmedpur East last month has made the petroleum ministry to consider revamping...

Telecom operators invested $287.6m in first six months of FY 2016-17

Islamabad: Telecom operators in the country, witnessing a positive growth in the sector, have invested a significant amount of US $287.6 million...

WB declares progress of $170m Sindh agricultural growth programme unsatisfactory

LAHORE The World Bank (WB) has downgraded implementation progress (IP) rating of the $ 170 million Sindh agricultural growth programme as unsatisfactory following...

Pakistan to have surplus capacity of electricity by 2020

Karachi: According to official data available from K-Electric (KEL) and National Transmission and Despatch Company (NTDC), Pakistan will have excess supply of...

Relocation of Chinese industry to Pakistan will create new employment opportunities says: Ahsan Iqbal

Islamabad: Minister for Planning, Development and Reforms, Ahsan Iqbal Thursday said the relocation of Chinese industry in Pakistan would help create a...

SSGC assigned to construct Karachi-Nawabshah gas pipeline

Islamabad: Sui Southern Gas Company (SSGC) has been given the task of finishing the Karachi-Nawabshah gas pipeline by the government as the...

Telecom sector contributed Rs53.76b during first two quarters of FY 2016-17

Islamabad: The telecom sector has contributed Rs582.95 billion to the national exchequer during the last three and a half years, making it...

Marble exports decline 32pc during FY 2016-17

Karachi: The All Pakistan Marble Mining Processing Industry and Exporters Chairman Sanaullah Khan on Tuesday said marble exports had fallen 32pc from $57.96m...

Pakistan could become world’s 5th largest importer of LNG by 2022

Islamabad: Pakistan says it could become one of the world's top-five buyers of liquefied natural gas (LNG), with Petroleum Minister Shahid Abbasi...

Pakistan may be liable to pay $11.5b in damages for Reko Deiq gold mine project

Islamabad: In a major blow to Pakistan, the World Bank arbitration tribunal has passed its judgement in the case of Reko Diq...

Petroleum ministry suggests deregulation of diesel and petrol prices

Islamabad: Ministry of Petroleum is at loggerheads with the Oil and Gas Regulatory Authority (OGRA) and the Planning Commission over the deregulation...

Ogra rebuffs Rs10m fine paid by Shell for oil tanker incident

Islamabad: Oil and Gas Regulatory Authority (OGRA) on Tuesday refused the Rs10m fine paid by Shell Pakistan on account of the Ahmed...