Small traders warn of electricity bill payment boycott in Karachi

The small traders of Karachi have warned to boycott payment of electricity bills if persisting load-shedding in the city is not stopped....

PSO receivables touch all time high of Rs300b

As Pakistan State Oil’s receivables cross Rs300b, it has been learnt that the Ministry of Finance is gearing up to release Rs45b...

TAPI partners plan to meet in Dubai, review project progress

The four-nation consortium, Turkmenistan-Afghanistan-Pakistan-India (TAPI), will be meeting in Dubai in June to review progress on the multi-billion dollars gas pipeline project...

Sugarcane production reaches historical high of 73.6m ton in FY 2016-17

The sugarcane production in the country has reached to historical high of 73.6 million ton during this year, showing 12.4 per cent increase as...

Despite FTA, govt assures imposition of 20% regulatory duty on import of beverage cans from Sri Lanka

Pakistan will impose a 20 per cent regulatory duty on the import of aluminium tin cans from Sri Lanka despite a Free...

Future of Sindh govt’s 2600 MW wind power projects in doldrums

--NEPRA dismisses review motion of Sindh government   The future of 2600 megawatts wind power projects of Sindh province is in doldrums as the...

Exim Bank establishment an encouraging move says: FCCI chief

The establishment of the Exim Bank of Pakistan has been welcomed by the Faisalabad Chamber of Commerce and Industry (FCCI) President Muhammad...

PM directs ministry of finance to immediately release Rs104b on account of subsidy

In a meeting presided by the Prime Minister Nawaz Sharif on Monday which was also attended by officials of the Water and...

Electronic items to cost more after increase in import duties

The government has increased regulatory duties on import of various electronic items to 20pc from 15pc in upcoming financial year 2017-18. Electronic items...

SBP issues enterprise technology,governance & risk management framework for financial Institutions

The State Bank of Pakistan (SBP) has issued Enterprise Technology Governance & Risk Management Framework for Financial Institutions (FIs) on Tuesday. The Framework...

Conduct third-party audit of circular debt claims says: PM Nawaz Sharif

A fresh call for a third-party audit has been issued by the Prime Minister Nawaz Sharif to re-authenticate the circular debt figure...

5G testing to start by 2020: PTA Chairman

Syed Ismail Shah, Chairman Pakistan Telecom Authority (PTA) while speaking at a workshop said Pakistan will start testing 5G mobile internet by...

PPIB Issues LOI to Chinese firm for 300 MW coal power project in Gwadar

  The Private Power and Infrastructure Board (PPIB) has issued a Letter of Interest (LOI) to China Communications Construction Company Ltd (CCCC) for...

FBR crackdowns on illicit cigarette manufacturers of AJK

  While curbing the illicit trade of non-duty paid cigarettes, the subsidiary body of Federal Board of Revenue (FBR), Inland Revenue Enforcement Network...

Increased taxes on CNG industry rejected: APCNGA

  The All Pakistan CNG Association (APCNGA) on Tuesday rejected an increase in taxes slapped on the CNG sector in the recently-announced budget...