Pakistan and Iran to reopen banking channels
State Bank of Pakistan (SBP) and the Central Bank of Iran (CBI) are expected to sign an agreement in the next week...
OGRA incapacitated owing to apathy of policy makers
Central Chairman, All Pakistan CNG Association Ghiyas Abdullah Paracha has said, on Wednesday that if OGRA continues to function with an incomplete...
LPG price hikes as imports slow down
The price of liquefied petroleum gas (LPG) has hiked up byRs5 per kg owing to a slowdown in gas imports after Oil and Gas Regulatory Authority (Ogra) set a price...
Wathra proposes establishment of Balochistan Bank
State Bank of Pakistan (SBP) Governor Ashraf Mahmood Wathra has said on Tuesday that a proposal for Balochistan Bank has already been...
K-Electric opposes Nepra’s decision for tariff cut
K-Electric has said that it will sign a petition for review of National Electric Power Regulatory Authority's (Nepra) decision of reducing the...
Roshan Pakistan Scheme to aid conversion of 20,000 houses to solar power
Around 20,000 homes will be converted to solar energy under the ‘Roshan Pakistan Scheme’ initiative, as stated by the Advisor to Prime...
MoU signed between PAEC and China Power
Pakistan Atomic Energy Commission (PAEC) and China Power International Holding Ltd (CPIH) has signed a memorandum of understanding (MoU) for cooperation and...
Wi-Tribe to launch the first ever 4.5G service in Pakistan
Wi-Tribe is bringing 4.5G service for the first time in Pakistan, one month after the company signed a $15m pact with the...
Pak to pay ADB $7m as fines for non-usage of loans
Pakistan would pay a sum of $7 million to Asian Development Bank (ADB) as fines if it fails to utilize loans worth...
PM appoints Saeed Ahmad as President NBP
Prime Minister Mian Muhammad Nawaz Sharif has appointed Saeed Ahmad as President National Bank of Pakistan (NBP). Saeed has been serving as...
SBP Governor directs banks to increase footprint in Balochistan
The State Bank of Pakistan (SBP) governor on Monday issued a directive to all commercial banks' heads to bolster their services in...
Groundbreaking of 1320mw coal-fired power plant in Hub
The groundbreaking of 1320 MW coal-fired power plant in district Hub, Balochistan will take place on March 21 (today). The project is...
Uber president Jeff Jones quits, deepening turmoil
Ride services company Uber Technologies Inc has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing...
Dar gives go-ahead to Rs 5.6b power project
Finance Minister Ishaq Dar has given the go-ahead to a Rs 5.6 billion power sector project aimed at converting existing 220kV substations...
Over a 100 Chinese companies keen to be part of twin tower building project in Lahore
More than a 100 Chinese companies have obtained prequalification documents showing keen interest in the construction of the tallest building in Lahore....