Business

18/12/2019

ISLAMABAD: Textile and clothing exports grew by 4.1pc to $5.76 billion (on a year-on-year basis) during the first five months...

Fog affects PIA flight operations at Lahore airport

LAHORE: The flight schedule of Pakistan International Airlines (PIA) at Allama Iqbal International Airport remained affected due to heavy fog...

CCP imposes Rs75m fine on PFMA for fixing flour prices

ISLAMABAD: The Competition Commission of Pakistan (CCP) Monday imposed Rs 75 million penalty on the Pakistan Flour Mills Association (PFMA)...

A manometer, a gauge for measuring gas, is seen on pipe work at the OAO Gazprom Neft oil refinery in Moscow, Russia, on Thursday, Sept. 20, 2012. OAO Gazprom Neft, the oil arm of Russia's state-run natural-gas producer, started operating a 3.2 billion-ruble ($100 million) bitumen processor at its Moscow refinery this month as it seeks to reduce pollution. Photographer: Andrey Rudakov/Bloomberg

Ogra notifies massive increase in gas price

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Tuesday notified massive increase of 214 percent and 245 percent in...

US envoy calls on Khusro Bakhtiar, discusses agri cooperation

ISLAMABAD: The United States ambassador to Pakistan Paul W. Jones along with a delegation called on Federal Minister for National...

Proton to enter Pakistani market as PM Imran receives X70 from Malaysian PM

ISLAMABAD: Prime Minister of Malaysia, Mahathir Mohamad gifted Prime Minister Imran Khan, a unit of the Proton X70 during a...

Iran expresses desire to join CPEC

KARACHI: Iran expressed interest in joining the China-Pakistan Economic Corridor (CPEC) as the $60 billion worth of Chinese-funded project enters...

Fertilizers imports reduces 25.60pc in four months of current FY

ISLAMABAD: The fertilizers manufactured imports into the country during first four months of current financial year decreased by 25.60% as...

Govt announces to introduce PSDP Plus programme

ISLAMABAD: The federal government has announced to introduce ‘PSDP Plus’ plan over the directives of Prime Minister Imran Khan. According...

Pakistan to achieve bumper wheat crop during current season

ISLAMABAD: Owing to multiple factors including government initiatives to enhance the output of major crops, favorable weather conditions and timely...

CCPA proposes increase in power tariff by Rs1.73 per unit

14/12/2019

ISLAMABAD: Central Power Purchasing Authority (CPPA) on Saturday recommended increase in power tariff by Rs 1.73 on account of cost...

E-commerce policy to focus on SMEs

14/12/2019

ISLAMABAD: The e-commerce policy of Pakistan will focus on the development and promotion of SMEs for making Pakistan a significant...

Energas to start LNG import terminal in 2021

13/12/2019

ISLAMABAD: Energas LNG Terminal plans to start the country’s largest liquefied natural gas import terminal in 2021 to help meet...

Pharmaceutical goods’ export up 3pc in 4 months of FY 2019-20

13/12/2019

ISLAMABAD: The exports of pharmaceutical products during the first four months of financial year (2019-20) grew by 3.24 percent as...

Foreign companies keen to invest in our energy sector: Omar Ayub

13/12/2019

ISLAMABAD: Federal Minister for Power, Omer Ayub Khan has said that a heavy circular debt was created by the last...

Forex reserves increase by US$120.7m

12/12/2019

KARACHI: Pakistan s Forex Reserves increased by USD 54.90 million or 0.34% and the total liquid foreign reserves held by...

SBP eases condition on advance payment against imports

12/12/2019

KARACHI: State Bank of Pakistan (SBP) on Thursday amended instructions regarding advance payment against imports in order to facilitate manufacturers....

ECC approves “Enactment of Pakistan Single Window Bill 2019”