CNG prices likely to drop in Punjab

Ghiyas Abdullah Paracha, central chairman of the All Pakistan CNG Association (APCNGA) is reported to have said that CNG prices are likely...

Oil production in Pak grows 11pc

 Pakistan’s oil production grew by 11 pc YoY to reach 96,553 barrels per day (bpd) of oil in Jan 2017, media sources...

Daraz.pk collaborates with SCB to launch easy instalment plan

Daraz.pk in a press release announced that it has started offering loans to customers buying products off its website under its latest...

Saad Rafique calls for public-private partnership to revive PR

Federal Minister for Railways Khawaja Saad Rafique has offered the private sector to run freight trains.He has asked the Lahore Chamber of...

Pakistan’s service exports up by 14pc

Pakistan’s exports of services have increased by14 pc YoY to reach $37.71 million in January, the Pakistan Bureau of Statistics (PBS) has...

Govt waives off 15% income tax on loans acquired to support forex reserves

The federal cabinet has waived off 15% income tax on profit that foreign banks are earning on lending about $2.5 billion to...

Oil falls to a three-month low as US supply rises

Oil hovered around a three-month low on Monday as rising US stockpiles and drilling activity offset the optimism over Organization of the...

SBP advises banks to adopt measures to curb money laundering

The State Bank of Pakistan (SBP) has asked all banks to take all necessary measures to curb money laundering including training their...

Hascol & Vitol collaborate to venture into LNG sector

Hascol Petroleum is exploring business opportunities in the LNG sector. This was notified in a notice sent to the Pakistan Stock Exchange...

Gas reserves discovered at Chhotu-1

A joint venture of Nim Block comprising of  Oil and Gas Development Company Limited (OGDCL) operating 95pc stake and Government Holding Pvt...

2nd int’l LPG conference scheduled for March 14

The Liquefied Petroleum Gas Distributors Association of Pakistan (LPGDAP) will hold the second international conference on March 14 in Lahore for the promotion...

Large scale RLNG users may pay higher rates

The government is considering restructuring the natural gas tariff to provide imported re-gasified liquefied natural gas (RLNG) to large domestic consumers at...

Brazil willing to assist Pakistan in renewable energy sector: envoy

Ambassador of Brazil Claudio Lins on Sunday said that Pakistan and Brazil have a huge potential to boost trade and business ties...

IMC cleared over 30% cars recalled for issue with brakes

  ISLAMABAD: Indus Motor Company (IMC) which recalled over 9800 different models of Toyota Corolla for an issue with brakes, has cleared/repaired over...

China can help agriculture sector against climate change effects: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Chairman Regional Standing Committee Chairman Ahmad Jawad said China has done...