SSGC assigned to construct Karachi-Nawabshah gas pipeline
Islamabad: Sui Southern Gas Company (SSGC) has been given the task of finishing the Karachi-Nawabshah gas pipeline by the government as the...
Telecom sector contributed Rs53.76b during first two quarters of FY 2016-17
Islamabad: The telecom sector has contributed Rs582.95 billion to the national exchequer during the last three and a half years, making it...
Marble exports decline 32pc during FY 2016-17
Karachi: The All Pakistan Marble Mining Processing Industry and Exporters Chairman Sanaullah Khan on Tuesday said marble exports had fallen 32pc from $57.96m...
Pakistan could become world’s 5th largest importer of LNG by 2022
Islamabad: Pakistan says it could become one of the world's top-five buyers of liquefied natural gas (LNG), with Petroleum Minister Shahid Abbasi...
Pakistan may be liable to pay $11.5b in damages for Reko Deiq gold mine project
Islamabad: In a major blow to Pakistan, the World Bank arbitration tribunal has passed its judgement in the case of Reko Diq...
Petroleum ministry suggests deregulation of diesel and petrol prices
Islamabad: Ministry of Petroleum is at loggerheads with the Oil and Gas Regulatory Authority (OGRA) and the Planning Commission over the deregulation...
Ogra rebuffs Rs10m fine paid by Shell for oil tanker incident
Islamabad: Oil and Gas Regulatory Authority (OGRA) on Tuesday refused the Rs10m fine paid by Shell Pakistan on account of the Ahmed...
NIB, MCB Bank merger comes into effect
LAHORE
NIB Bank Ltd (NIB)’s merger with and into MCB Bank Ltd (MCB) has come into effect from close of business on 7th...
SBP passes rules for banks to become fully Shariah compliant
Karachi: State Bank of Pakistan (SBP)Â has issued guidelines covering how banks that want to be fully-fledged Shariah compliant can achieve that status,...
Government increases price of gas from Sui fields
Karachi: In order to support stakeholders, the government has decided to raise gas prices from Sui Gas field which would enable Sui...
Rumor’s impact solar power adoption in Pakistan
Islamabad: Mohammad Aslam has finally found a way to give his family relief from extended power cuts. In February this year he...
Pakistan exported $1.134b worth of cotton yarn in FY 2016-17
Islamabad: Data released by the Pakistan Bureau of Statistics on Saturday revealed that cotton yarn worth US$ 1.134 billion was exported during...
Confiz Pakistan wins Microsoft ‘Country Partner of the Year’ award
LAHORE
Confiz - the technology enabler based in Pakistan - has won the 2017 Microsoft Country Partner of the Year Award for Pakistan....
Heavy taxation on dairy products hampering industry
by Raja Faisal
Islamabad: Heavy taxation on dairy products is badly hampering the dairy industry which affects the consumer prices. Though government promises...
Govt to impose additional surcharges on electricity consumers
Islamabad: In order to obtain a $300m loan facility from the Asian Development Bank (ADB), the government has succumbed to the demands...