Renewed beginnings
The 2013 National Power Policy was basically two-pronged: eliminate an average power shortfall of 5,000MW and make sure it’s done with tangible...
Inov8, Flying below the radar
PAKISTAN'S LARGEST FINTECH IS POISED TO CHANGEÂ THE PAYMENT LANDSCAPE OF PAKISTAN
Founder and Co-CEO of Inov8 Limited, Hasnain Sheikh, is a man of...
PEW demands implementation of export package
ISLAMABAD
The Pakistan Economy Watch (PEW) on Saturday asked Prime Minister Shahid Khaqan Abbasi to implement the Rs 180 billion export package announced...
Pakistan’s economy saw growth despite a fall in external trade says: ADB
Karachi: Asian Development Bank (ADB) in a statement on Friday said Pakistan’s economy had grown besides a decrease in external trade, reported a...
SNGPL, SSGC could be broken into five public distribution companies
Islamabad: The government is planning to break-up Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company (SSGC) into five public...
Banks asset base grew by 8.3pc during April-June says: SBP
Karachi: A quarterly performance review report (April-June) for the banking sector was released by State Bank of Pakistan on Friday which revealed...
SSGC strikes hard on gas thieves to reduce losses
Karachi: Sui Southern Gas Company Limited (SSGC) has started a clampdown on those involved in gas theft under purview of ‘The Gas...
Reon launches 1 MW Solar project at Service Shoe Industries
Karachi: Reon Energy Limited today announced its latest project at Service Industries Limited (SIL). The 1000 kW solar energy system will provide...
Will Aramco’s IPO be a profit dream for investors?
London: When oil giant Saudi Aramco discloses its financials for the first-time next year, it must either surprise investors with world record...
Branchless banking deposits grew 95pc during April-June 2017
Karachi: Branchless banking deposits for the April-June quarter went up by 95pc from previous quarter, reported State Bank of Pakistan on Thursday.
As...
Global oil prices inch upwards in wake of Saudi supply cut
Singapore:Â Oil markets were mixed on Friday, with Brent crude supported by expectations that Saudi Arabia could cut its October supplies, while U.S....
Price increase sought by oil refineries for jet fuel being provided to armed forces
Islamabad: A local newspaper has reported that oil refineries are seeking a price increase in jet fuel being provided to various segments...
Parliamentary panel on energy directs Ministry of Energy and Nepra to resolve deadlock
Islamabad: A local newspaper has reported that proposed changes in Regulation of Generation, Transmission and Distribution of Electric Power Bill 2017 has...
SEMC to face water extraction difficulties at Thar coal mining site
Islamabad:Â After reaching 90 metres depth at Thar coal mining site, the Sindh Engro Coal Mining Company (SECMC) encountered first water aquifer, which...
Power production rose 14pc on year-on-year basis
Karachi: A local newspaper has reported a rise of 14pc in power production during July reaching 12,396.63 gigawatt-hour (GWh) from 10,991.82 GWh...