Business

RAWALPINDI: The industrialists have expressed their concerned over duty-free import of solar panels, which is destroying the local industry. Tesla...

Qaim inaugurates LDFA-2015 at Expo Centre

KARACHI: Chief Minister Syed Qaim Ali Shah has said that the Sindh government is fully committed to promote and support...

Budget 2015-16: Textile sector to be given priority, says Dar

ISLAMABAD: Federal Finance Minister Ishaq Dar has said that the government is giving priority to textile industry and will make...

Loan portfolio up by Rs7b to Rs73b: Microfinance borrowers increase to 3.3 million

LAHORE: The gross loan portfolio (GLP) of the microfinance industry has increased by Rs7 billion to reach Rs73 billion, while...

Country may face petrol shortage

ISLAMABAD: The country may witness another crisis of petrol shortage as the import of petroleum products is being delayed. According...

Budget 2015-16: Govt to increase FED on cigarettes, sugar, beverages, cooking oil

ISLAMABAD: The federal government, accepting proposal from Central Board of Revenue (CBR), has decided to increase federal excise duty (FED)...

NBP, Mobilink sign cash management agreement

KARACHI: In a bid to further smooth cash management, the National Bank of Pakistan (NBP) and Mobilink have signed an...

CM okays Rs660m overhead bridge to connect Khanewal Road with Lahore Mor Road

LAHORE: Chief Minister Shahbaz Sharif has given approval of the construction of a Rs660 million worth overhead bridge to connect...

10 foreign companies show interest to build 4,320MW Dasu dam

LAHORE: About ten foreign companies have showed their interest to construct 4,320MW Dasu hydropower project, while the World Bank is...

K-Electric competes procedure of selling sukuk bond worth Rs22b

KARACHI: K-Electric has completed procedure of selling Rs22 billion sukuk to fund future investments in the latest transaction in the...

CNG stations yet not reopened

ISLAMABAD: The CNG filling stations in Punjab and the federal capital could not be reopened on the issue of advance...

FBR proposes increase in duty on cigarettes, sugar and other products

ISLAMABAD: The government has decided to increase of federal excise duty on cigarettes, sugar, beverages and cooking oil in the...

OGRA suggests govt not to raise petroleum prices

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has recommended to government for not increasing the prices of petroleum products in...

Sindh CM orders release of Rs 120m for power cabling of water pumping stations

KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has ordered release Rs 120 million for new electric cabling of five...

Pakistan can get benefit of Belarusian mechanized farming equipment: Minister

ISLAMABAD: Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan has said that the two-day visit of...

LNG to be available for 18 to 20 days in a month

LAHORE: All Pakistan CNG Association (APCNGA) Central Chairman, Ghayas Abdullah Piracha has said that Liquefied Natural Gas (LNG) will be...

Pak High Commissioner in UK lauds UK assistance in award of GSP Plus status