COSCO’s acquisition of Greek Piraeus Port to further contribute to local economy

HONG KONG: A new ruse by drug couriers to smuggle cocaine into Hong Kong from South America has prompted customs...

Morocco foils smuggling of over 6.37 tons of cannabis to Europe

RABAT: Morocco’s Central Bureau for Judiciary Investigations (BCIJ), foiled the trafficking operation of 6 tons and 370 kg of cannabis...

Importers give Dar es Salaam port wide berth

WASHINGTON: A combination of factors has conspired to deny Dar-es-salaam port in Tanzania business to competing ports in east and...

Port of Oakland volume up 19.9%, signs of export rally

OAKLAND: Port of Oakland officials said that an export rally might be underway as containerized export volume is up 19.9...

Tanzania to export electricity to Kenya

DODOMA: Tanzania is planning a $300 million energy project that will see it export electricity to Kenya within the next...

Colombia to import four crude cargoes in April for Cartagena refinery

BOGOTA: Colombia’s state-run Ecopetrol will significantly increase crude imports in April to some 100,000 barrels per day (bpd) with four...

OGDCL paid Rs 230b royalty to provinces in 15 years

ISLAMABAD: The Oil and Gas Development Company (OGDCL) has made payments of around Rs 229.733 billion on account of oil...

1,100MW more electricity to be added to national grid this summer

ISLAMABAD: The government has taken immediate and concrete measures to add some 1,100 megawatts of electricity to the national grid...

Govt to send one million people abroad for jobs this year

ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resource Department has set a target of sending over one million people...

Govt gives over Rs 46m to 8,690 deserving minority persons

ISLAMABAD: Ministry of Religious Affairs and Inter-faith Harmony has distributed a sum of Rs 46.05 million as financial assistance among...

Wheat procurement drive to start from 20th

FAISALABAD: The Food Department has announced to start wheat procurement drive from April 20. A spokesman of the Food Department...

Punjab govt introduces lucrative opportunities for investors

LAHORE: the Punjab government has extended lucrative and low-risk opportunities for investors especially in the field of energy, agriculture, livestock...

PM Cameron releases tax details to defuse offshore row

LONDON: In a bid to defuse row after Panama Leaks, British Prime Minister David Cameron Sunday released his tax details....

Faisalabad traders briefed about I-Form Module

FAISALABAD: Customs Directorate of Reforms and Automation Additional Director Hayee Sheikh has said that over one million import documents are...

Towel exporters ‘to secure’ over $10m orders at TEXPO

KARACHI: Towel manufacturers and exporters are expecting to secure more than $10 million worth of export orders during the TEXPO...

Pakistan to continue supporting One Belt, One Road project: Envoy

BEIJING: Pakistan will continue to support China’s One Belt, One Road initiative. Pakistani Ambassador to China Masood Khalid, in an...

KP govt announces to implement 5 industrial incentives

PESHAWAR: The Khyber Pakhtunkhwa government has announced to start working for the implementation of five major industrial incentives to attract...

PRA organises seminar on Tax Day

SARGODHA: The Punjab Revenue Authority (PRA) has organised a seminar on the eve of Tax Day to create awareness among...

SBP keeps policy rate unchanged at 6%