Govt allows provinces the right to generate, transmit electricity
In return for greater control of the National Electric Power ReguÂlatory Authority under an amended Nepra law, the federal government has decided...
Corruption worth Rs1.45b surfaces in tractor subsidy scheme
A complaint was lodged with the Anti-corruption Establishment on March 07, 2017 against the massive corruption in tractor subsidy scheme of Sindh...
Ittefaq Iron Industries gears up for IPO
Ittefaq Iron Industries Limited (IIIL) will be raising Rs500 million through initial public offering (IPO) for meeting its working capital requirements, and...
Punjab govt seeks abolition of sales tax on fertilisers
The Punjab government is seeking to abolish sales tax on fertilisers in the upcoming annual budget in order to support the farming...
PTCL, Wateen to sponsor 10th Annual TeleCON 2017
Continuing the legacy for the 10th year now, the Pakistan Telecommunication and ICT Conference (TeleCON 2017) is going to be held on...
FBR likely to introduce 3rd tier taxation for cigarettes
Federal Board of Revenue (FBR) has reportedly approved the draft to introduce 3rd taxation tier for Pakistan’s tobacco industry. FBR is hoping...
Chinese investors show interest for investment in Pakistan
A Chinese delegation led by Fang Song Bin, Chairman, Shenzhen Domhke Group Co Ltd visited the Board of Investment (BoI) and met...
Bank of Punjab issues 70 pc rights shares
In the interest of sponsors, stakeholders, shareholders and public at large, the Bank of Punjab wishes to clarify the news item, conceived...
SBP devises trades mechanism for transactions between Pakistan, Iran
The State Bank of Pakistan (SBP) and Bank Markazi Jomhouri Islami Iran (BMJII) have devised a payment settlement mechanism to settle the...
Imran Khan publicly appreciates Careem’s promise to provide 25,000 jobs
In a move to improve people’s lives while placing itself as an institution that inspires, Careem is creating jobs by appealing to...
AEDB approves solar projects adding 556.52MW to national grid
The Alternative Energy Development Board (AEDB) has issued seven Letters of Support (LoS) and 17 Letters of Intent (LoI) for various solar...
Policies should favour exporters in order for them to remain globally competitive, says PTEA Chairman
Pakistan Textile Exporters Association (PTEA) Chairman Ajmal Farooq has emphasised the need for implementing the zero-rated regime in order to boost the...
37 marble producing units sealed on account of non-compliance with EPA
As many as 37 marble manufacturing companies have been sealed by the Environmental Protection Agency Khyber-Pakhtunkhwa, in a joint operation with district...
Business plan worth Rs 32b drafted for revival of PSM
Sources in the Ministry of Industries and Production are reported to have informed that Business Development Committee (BDC) of PSM Board of...
High-loss areas not inlcuded in electricity demand estimates
The government on Monday excluded high-loss areas from electricity demand estimates. The country has been experiencing extended power cuts due to soaring...