Business

LAHORE: Progressive Group President Khalid Usman has praised the interest rate cut of 50 basis points by the State Bank...

Planned slaughterhouse near 9th Avenue stirs up protest by I-9/4 society against CDA

ISLAMABAD: Against CDA’s decision to build a slaughterhouse near 9th Avenue and IJ Principal Road intersection, the Residents’ Welfare Society...

TDAP invites business community to participate in 5th China-Eurasia Expo in Urumqi

Islamabad: The Trade Development Authority of Pakistan (TDAP) has invited Pakistani traders to participate in 5th China-Eurasia Expo in Urumqi, capital...

Drilling of 175bt reserves may start in 2018; Sindh likely to export coal to int’l markets including India

KARACHI: The Sindh government is planning to develop the Thar coalfield as a potential hub of petrochemicals, and may export...

Pakistan wants to enhance cooperation with Qatar in all areas: Mamnoon

ISLAMABAD: President Mamnoon Hussain said on Monday that Pakistan attached great importance to its relations with Qatar and wished to...

PM wants to take all parties together for peace, economic progress: Ishaq Dar

ISLAMABAD: Federal Minister for Finance Muhammad Ishaq Dar said that Prime Minister Muhammad Nawaz Sharif wanted to take all political...

Supply to many villages suspended as gas pipeline blown up in Khan Ghar Jamali

DERA MURAD JAMALI: Gas supply to many villages was suspended after a gas pipeline was blown up in Khan Ghar...

Govt importing 4,000MW electricity from China to end energy crisis till 2018: Kh Asif

SIALKOT: The prevailing energy crisis in the country will be overcome till 2018 as the government is going to import...

24m worth Rs125b monthly transactions: SBP for increasing mobile accounts to 50m in 5 years

ISLAMABAD: Encouraging the Branchless Banking, the State Bank of Pakistan (SBP) has developed a strategy to increase mobile wallets to...

$8 to $9 per mmbtu: 147,000 cubic feet LNG to reach Port Qasim on 26th

ISLAMABAD: Following the official statements about import of LNG, the first shipment of Liquefied Natural Gas is scheduled to reach...

22nd year of celebration: Minister highlights importance of World Water Day

LAHORE: Provincial Irrigation Minister and Punjab Irrigation Department Chairman Mian Yawar Zaman has said that the department is promoting efficient...

25 of 35 plants out of order: CDA asked to fix faulty water filtration machines

ISLAMABAD: The Capital Development Authority has been urged to repair faulty water filtration plants in different sectors of the federal...

80% or 3.5m vehicles on gas: CNG being reopened from April 1

RAWALPINDI: The Punjab government is going to reopen Compressed Natural Gas (CNG) from April 1, 2015 in throughout the province....

Banks/DFIs can grant 10-year home loan as SBP amends regulations

KARACHI: The State Bank of Pakistan (SBP) has allowed long-term loans to individuals for solar energy systems required for residential...

Pakistan, China agree to fast-track work at $45.6b PCEC project, hold 4th round of talks soon

ISLAMABAD: Pakistan and China have agreed to fast-track the implementation of the Pak-China Economic Corridor (PCEC) project worth $45.6b while...

PM asks ministries to get ready for March 25 Pak-China meeting on $45.6b CPEC in Beijing

ISLAMABAD –Prime Minister of Pakistan Nawaz Sharif was briefed on various projects mainly pertaining to energy and infrastructure development that...

14-inch-diameter gas pipeline exploded in Dera Allah Yar