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PGPC refuses to clear duty while Customs decides to initiate proceedings: sources

ISLAMABAD: A new controversy has emerged as Pakistan Gas Port Consortium (PGPC) has so far refused to pay customs duty and withholding...

PAPCO’s $200 million multi-grade pipeline to be functional next year

KARACHI: The Pak Arab Pipeline Company (PAPCO)’s White Oil pipeline will become multi-grade by the second quarter of 2019, Shell Pakistan’s management told...

PIBTL working on setting up LPG import facility at Port Qasim

Port Qasim Authority (PQA) Chairman Asad Rafi Chandna said it was working to develop another natural ship navigation channel

Turkish Shylock twists Pak’s arm for $846m pound of flesh

Turkish Karkey demands immediate payment of $846 million arbitration award handed down by the ICSID in August 2017 to Pakistan.

FBR for AEO programme to boost trade

In order to remove the hurdles in cross-border trade, Federal Board of Revenue (FBR) has decided to make rules regarding the Authorised Economic Operator (AEO) programme.

Ship container service connecting Gwadar to the UAE starts

KARACHI: The first ever container vessel 'MS TIGER' under the CPEC (China Pakistan Economic Corridor) project has arrived at Gwadar Port. Pakistan...

Pakistan’s mystery billionaire

“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him...
GasPort LNG terminal

GasPort LNG terminal achieves ISO certifications

KARACHI: The Pakistan GasPort Consortium Limited (PGPCL), which owns and operates Pakistan’s single largest LNG storage and regasification terminal at Port Qasim,...

Karachi Port Trust to build $10bn freight corridor

KARACHI: The KPT is initiating work on the development of a freight corridor at a whopping estimated cost of around $10 billion...

The lockdowns devastated consumer spending, but food and pharmaceutical companies remain resilient

Pakistan consumer companies, a handy catch-all term, is a bit of a misnomer. The trajectory of a company’s revenue and profitability depends...