Cement exports predicted to fall 15pc YoY: Topline security

Karachi: According to a Topline Security report, the country’s cement sales have started on a positive note during July, which is the...

Deputy governor SBP admits he called for depreciation of PKR on 5th of July

Islamabad: In front of a parliamentary panel on Wednesday, Deputy governor State Bank of Pakistan (SBP), Riaz Riazuddin admitted that the decision...

Pharmaceutical company AGP to get listed on PSX

Karachi: In a notification sent to the bourse on the 1st of August, AGP Limited has announced that it will be conducting...

Dalda Foods set to get listed on stock exchange

Karachi: To expand its operations, Dalda Foods Limited announced its decision of holding an Initial Public Offering (IPO) in a notification sent...

Chinese company bids for laying of CASA power transmission line

Islamabad: Only a single bid has been received for the laying of power transmission line under the Central Asia-South Asia (CASA)-1000 electricity...

LPG prices surge due to shortage

Karachi: Federation of Pakistan Chambers of Commerce and Industry Standing Committee LPG Chairman Irfan Khokhar said on Wednesday that liquefied petroleum gas...

Govt to raise Rs3.75t via PIBs and market treasury bills

Karachi: State Bank of Pakistan (SBP) on Wednesday announced that government would be borrowing Rs3.75t during the period of August-October. This money is...

Govt focused on implementing textile policy

Islamabad: The government is working to implement the textile policy 2014-15 on priority in its true spirit and for maximum benefit of...

PAEC says 8,800MW electricity to be generated from nuclear sources by 2030

Islamabad: Pakistan Atomic Energy Commission (PAEC) will generate some 8,800 MW electricity from nuclear sources by 2030. Official sources Wednesday told APP, construction of...

Govt to spend Rs37.97m for appraisal of Badin’s coal deposits

Islamabad: The government will spend Rs37.977 million more for appraisal of huge coal reserves confirmed by the Geological Survey of Pakistan (GSP)...

Commerce ministry exploring ways to enhance exports

Islamabad: The ministry of commerce is exploring potential international markets to enhance exports, a senior ministry official said on Wednesday. "We are working...

Pakistan and India combined imported 8pc of global LNG supplies in 2016

Singapore: South Asia, long a backwater for energy markets, is emerging as a hotspot for liquefied natural gas (LNG), with Pakistan and...

Japan provides technical support to local auto parts manufacturers

LAHORE Japan’s technical support has helped local auto parts manufacturers to get trained for the export market level by improving quality and productivity...

Up gradation, expansion: refineries may not meet deadline again

LAHORE Oil refineries in Pakistan may not complete their up gradation and expansion this time as well, despite being given additional 18 months...

Oil prices decline 1pc due to high OPEC output

Singapore: Oil prices fell by 1 percent on Wednesday, with rising U.S. fuel inventories pulling U.S. crude back below $50 per barrel,...