Interest-free solar tube well scheme in final stages

ISLAMABAD: The modalities for implementation of interest-free Solar Tubewell Financing Scheme are being finalised and under which federal government would concur to...

Tobacco tax SRO issued by FBR

A statutory regulatory order (SRO) was enacted for the price reduction of cigarettes by the Federal Board of Revenue (FBR) on Friday....

Oil sales record 12pc increase annually

Oil sales have increased 12pc on an annual basis to reach 23.8m tons. Since the last three years, oil sales had averaged...

SECP registers 926 companies alone in May 2017

ISLAMABAD The Securities and Exchange Commission of Pakistan (SECP) has registered the highest number of 926 new companies in the month of May...

Balochistan wants Chinese companies to enter its large-scale mining industry

Pakistan's resource-rich Baluchistan province wants Chinese companies to kick-start a boom in its mining industry by including the sector into Beijing's "Belt...

Punjab government unveils Rs1970.7b budget for FY 2017-18

Punjab Finance Minister Dr Ayesha Ghous Pasha on Friday presented Rs 1970.70 billion budget proposals, the largest in the history of the...

WWF-Pakistan and SNGPL sign MoU to provide cheap, green fuel source

ISLAMABAD World Wide Fund for Nature-Pakistan (WWF-Pakistan) and Sui Northern Gas Pipelines Limited (SNGPL) signed a MoU to provide alternate means of energy...

Power Ministry presents fudged figures of power situation

Electricity shortfall currently stands between 6,000MW to 8,000MW ISLAMABAD: Contrary to the claims of the water and power ministry regarding electricity demand...

CPEC projects lead boom for Pakistani cement manufacturers: Bloomberg

A Bloomberg report has claimed that the China-Pakistan Economic Corridor has led to a major resurgence and boom for the Pakistani cement...

Foreign Direct investment reaches $1.733b during FY 2016-17

According to figures released by the State Bank of Pakistan (SBP), it has been revealed that foreign investors repatriated $1.5b on account...

Rs1.96 per unit refund will be provided to electricity consumers this month: NEPRA

A Rs1.96 per unit refund has been ordered to be provided to customers this month said National Electric Power Regulatory Authority (NEPRA)...

Gov’t focused on resolving energy issue on top priority: Dar

On Thursday, the Minister for Finance, Muhammad Ishaq Dar said the government was focused on resolving the issue of energy on a...

MENA Energy issues clarification on its dispute with Hascol Petroleum

MENA Energy DMCC (MENA), headquartered in Dubai, UAE, has responded to its position on the oil trading dispute between it and Hascol...

Investment in electronic media to surpass $5b in FY 2016-17

There has been a cumulative investment of approximately $4b in the electronic media industry in Pakistan. According to official estimates, electronic media sector has generated...

Women empowerment– Sima Kamil finally assumes charge as first woman president of a major Pakistani bank

Sima Kamil who has been serving as deputy CEO United Bank Limited (UBL) will be assuming charge as CEO and president of...