First unit of Neelum Jhelum Hydropower Project likely to start generation by Feb 2018

ISLAMABAD The strategically important Neelum Jhelum Hydropower Project (NJHP) is fast heading towards its completion and is scheduled to start electricity generation with...

Five companies from Pakistan make Forbes “Best under a billion list”

Lahore: Forbes Asia has listed five companies from Pakistan in its “Best under a Billion List” which it published on the 26th...

Balloki power plant’s 9HA gas turbine successfully completes its first fire-test

Lahore: The 9HA gas turbine installed for the Balloki Power Plant in Patoki has successfully completed its first fire test as reported...

Parliamentary panel asks commerce ministry to give report on mitigating new industrial trends

Islamabad: Senate Standing Committee on Commerce Thursday sought report from ministry of commerce on steps to mitigate new issues in industries and...

Business community lauds govt decision to provide Rs15b for textile sector

Islamabad Chamber of Small Traders Thursday lauded the decision of the government to provide Rs 15 billion to the textile sector. Textile sector...

Government pledges guarantees of Rs175b for construction of third LNG pipeline

Islamabad: The government has pledged to provide guarantees worth Rs175b for building a third Liquefied Natural Gas (LNG) pipeline for provision of...

Nepra penalizes Lesco and Hesco for prolonged power outages

Islamabad: Lahore Electric Supply Company (LESCO) and Hyderabad Electric Supply Company (HESCO) on Thursday were fined Rs9m by the National Electric Power...

Punjab Soil Atlas launched, aims at strengthening agriculture

ISLAMABAD Pakistan launched the Punjab Soil Fertility Atlas on Thursday - a publication aimed at monitoring and sustaining soil fertility and strengthening the...

Colgate Palmolive profit after tax rises 16pc YoY

Karachi: In a notification sent to the Pakistan Stock Exchange on Thursday, Colgate Palmolive Pakistan (CPP) has announced its financial results for...

Leading furniture brands to take part in Pakistan international trade fair: PFC

Lahore: The Pakistan Furniture Council (PFC) announced on Wednesday that all its leading local furniture brands will participate in the four-day Pakistan International...

FFBL posts loss of Rs249m in April-June quarter

Karachi: In a notification sent to the Pakistan Stock Exchange, Fauji Fertilizer Bin Qasim (FFBL) announced that it had posted a loss...

NA standing committee emphasizes for value-addition in textile sector

Islamabad: The National Assembly Standing Committee on Textile Industry on Wednesday emphasised the importance of value addition and promoting and facilitating garment...

FPCCI calls for steps to improve food and water security

Islamabad: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday called for improved food and water security. The challenge of...

Banks disbursed agricultural credit worth Rs704.5bn during FY2016-17

KARACHI The commercial banks have surpassed the agricultural credit disbursement target of Rs 700 billion set by Agricultural Credit Advisory Committee (ACAC) for...

Wheat exports from Pakistan surge by 512.3pc during FY 2016-17

Islamabad: As many as 3,676 metric tons of wheat worth US$ 967,000 was exported during last financial year (2016-17) as compared to...