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...
Pakistan’s export grew 1.6pc in June 2017
Islamabad: Pakistan's exports have started showing upward trend as they increased by 1.6 percent in June 2017 as compared to same period...
Tarbela Hydropower Station gets new Power GM
ISLAMABAD
Water and Power Development Authority (WAPDA) has promoted the Power Chief Engineer of Hydel Power Station Tarbela, Sher Afzal Khan as its...
PSMA fears being unable to pay growers due to non-coherent sugar export policy
LAHORE
The sugar-makers fear that the sugar industry will not be able to pay the growers, in the absence of a coherent sugar...
PPIB issues LoS to first-ever HVDC transmission line project in Pakistan
ISLAMABAD
Private Power and Infrastructure Board (PPIB) have issued a Letter of Support (LOS) to the 660 kV Matiari-Lahore HVDC Transmission Line Project.
The...
Depite tall claims, PML-N govt fails to award new petroleum licenses
ISLAMABAD
Contrary to its tall claims of providing a boost to oil and gas exploration and production activities in the country, Pakistan Muslim...