Wapda paying mark-up of 15pc annually to government for Neelum-Jhelum Hydropower project
According to reliable sources, the tariff for the Neelum-Jhelum hydro-power project (NJHP) could see a decrease in wake of a reduction in...
“Newspapers are in trouble, Journalism is not”
Chapel Hill/Austin/Karachi
When digital disruption hit newspaper businesses in the United States, most publications rushed to launch their Internet versions, some even tried...
ADB committed to transforming Asia, Pacific into an oasis of sustainable and inclusive development
Asian Development Bank is working on a comprehensive roadmap for the transformation of Asia and the Pacific into an oasis of inclusive...
Polish company poised to take oil, gas exploration to Rs 100 bln per year
PGNiG, a Polish oil and gas company, operating in Pakistan since 1997, has planned to step up its exploration and production activities...
BoI to hold roadshows for increasing FDI
The Board of Investment (BoI) has said that the government would hold roadshows in China, Singapore and the Gulf countries in the...
Agricultural development should be focused in the budget: FPCCI
The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Sunday asked the government to pay special attention to the agricultural...
Self-sufficiency in edible oil can help country save $2.5bn yearly
Islamabad Chamber of Small Traders on Sunday asked the government to promote edible oil sector to save import bill and empower farmers...
Ahsan Iqbal urges Huawei to open R&D centre in Pakistan
Minister for Planning, Development and Reform Ahsan Iqbal urged the Chinese leading IT manufacturer Huawei to open a research and development centre...
Provinces decline to fund gas supply schemes
Despite receiving Rs 45 billion worth amount of gas development surcharges (GDS), the provincial governments have declined to provide funds for the...
Govt planning to reverse ban on new power plants using imported fuel
The government is considering plans to reverse its decision of allowing setting up of new power plants using imported fuel. The earlier...
MOU to be signed between China and Pakistan for $50b financing of hydro-power projects
A memorandum of understanding (MOU) of $50b is expected to be signed between China and Pakistan for the development and financing of...
PSM gives approval to handover 930 acres of land for National Industrial Park construction
The Pakistan Steel Mill’s (PSM) board of directors has given the go ahead for handing over 1,500 acres of its land for...
IFC to fund construction of Sindh’s largest wind farm
The International Finance Corporation (IFC) has decided to provide funds of $66m and muster a further amount of $172m to help in...
PTCL, HBL sign partnership for Managed Connectivity Services
PTCL, the largest telecommunication service provider in the region has inked a comprehensive Managed Services Network Agreement with HBL, the largest private...
History made as CPEC becomes functional
While Beijing Friday received Prime Minister Nawaz Sharif at the historic Belt and Road Forum starting from Sunday, the China-Pakistan Economic Corridor...