IT and telecom sector priority areas for the govt: Dar
ISLAMABAD
Finance Minister Ishaq Dar has said that the development and promotion of IT sector is an area of priority for the government.
He...
PTCL, Ufone merger in final stages: sources
KARACHI
The merger of Pakistan Telecommunication Company Limited and its cellular arm Ufone, which operates as a separate company, has entered final stages...
Energy market seen as vulnerable to prolonged Gulf crisis
Kuwait City: While the Gulf's bitter diplomatic crisis is unlikely to affect energy prices in the short term, a prolonged rift that...
ECC may permit gas utilities to raise Rs175b loan from commercial banks for laying new pipeline
Islamabad: State owned gas utilities are expected to be granted permission to raise Rs175b from commercial banks for the installation of a...
SBP introduces new amendments to control money laundering
Karachi: On Wednesday, the State Bank of Pakistan (SBP) made a number of changes in respect to regulations for anti-money laundering and...
SBP gives go-ahead to NIB bank’s merger with MCB
Lahore: The State Bank of Pakistan (SBP) has granted approval for the merger/amalgamation of NIB Bank Limited with and into MCB Bank Limited...
Thar power projects to be completed ahead of schedule
Islamabad: The Thar coal mining and 660MW power project in Thar Block II will be completed ahead of the scheduled time; the...
Increased demand of Pakistani mangoes enhances export earnings
Multan: The standards introduced by European Union (EU) countries are being achieved successfully by mango farmers and exporters through government support that...
Second LNG terminal faces mounting operational delays
Islamabad: The efforts to finish Pakistan’s second Liquefied Natural Gas (LNG) terminal has hit the snags and forced the government to defer...
New entrants in automotive industry are always welcome: PAMA
KARACHI
Pakistan Automotive Manufacturers Association (PAMA) has appreciated the government, Board of Investment (BOI) and Ministry of Industries (MoI)’s efforts to attract new...
Sindh industrial workers will get ‘Benazir Mazdoor Card’: minister
KARACHI
All Industrial workers would get “Benazir Mazdoor Card” a welfare card by NADRA very soon for transparent registration and verification with all...
Punjab govt chalks out plan to promote olive crop
SIALKOT
The Punjab government has chalked out a well-knitted plan for the promotion of olive crop in the province. Official sources told APP...
Italian experts to train Pakistani woodworkers: PFC
LAHORE
Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq while talking to media here Wednesday said the PFC was collaborating with Italian...
Shanghai Electric rescinds offer to buy 66.4 pc holding in KE: sources
KARACHI
China’s Shanghai Electric Power Company has most probably withdrawn an offer to buy 66.4 per cent stakes of K-Electric Limited after the...
Italian furniture experts to train Pakistani woodworkers
LAHORE: Italian furniture experts will visit Pakistan soon to impart modern techniques to local artisans engaged in furniture industry to meet the...