Power shortfall soars in Punjab as LNG supply gets curtailed

Lahore: A technical fault developed at the LNG terminal owned by Engro Corporation on Wednesday that caused the LNG supply to be...

60 LPG-air mix plants to be installed countrywide

ISLAMABAD The government is setting up over 60 Liquefied Petroleum Gas (LPG) air mix plants in selected areas to facilitate consumers where natural...

A major cyber attack soon to hit Pakistani banks + 4 other unsettling predictions about digital banking

“Pakistan’s first Unicorn will be a fintech, which will provide a platform play as opposed to a single app,” Planet...

Increase in exports dependent on revival of TDAP: FPCCI panel chief

ISLAMABAD: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Horticulture Exports Committee Regional Chairman Ahmad Jawad has said continuously decline in...

SCO ready to launch 3G and 4G service in AJK

MIRPUR The official telecom service provider has took off to connect Azad Jammu & Kashmir with rest of the world through fast-speed telecom...

4G licenses formally handed over to Jazz

ISLAMABAD Technology neutral license for the 10 MHz frequency spectrum and 1800 MHz was handed over to the successful bidder, Jazz Pakistan, in...

Petroleum Ministry to execute Rs 190m projects in Balochistan

Islamabad: Ministry of Petroleum and Natural Resources on Friday said it will execute two new projects worth Rs 190 million for coal exploration...

Rs99.5b worth of oil/gas tapped by OGDCL, MOL Pakistan in last 17 years

Islamabad: The Oil and Gas Development Company Limited (OGDCL) and MOL Pakistan have produced crude oil and natural gas worth Rs99.538 billion...

Forex reserves held by SBP rise by 6.19pc to $16.3b

Karachi: The total liquid foreign reserves held by the country stood at $21,358.0m on June 23, 2017. A weekly increase of 6.19pc...

Govt may announce incentive for textile sector

LAHORE The government is considering announcing further incentives for textile sector by early August following tough stance taken by the sector, it was...

3G, 4G subscriptions reach 41.8mn mark: PTA

ISLAMABAD The mobile broadband users (3G & 4G Internet) have almost touched the figure of 41.8 million up till May 2017, registering an...

Propaganda of ‘plastic rice’, stiff competition affect Pakistan’s rice exports

ISLAMABAD Like textile exports, the foreign trade of rice has also shown negative growth during the last two years with a reduction of...

Qatar’s tourism sector reeling under boycott pressure

Doha: A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector and Doha’s hotels,...

FPCCI stresses need for value addition in horticulture sector

ISLAMABAD -  Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman on Horticulture Exports Committee Ahmad Jawad Wednesday underlined the...

FPCCI asks government to pay heed towards textile sector

KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Wednesday said that the ailing textile sector needs immediate attention...