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Pak reserves at $16.131b against $16.273b; SBP’s fall by $159m to $11.067b from $11.226b
KARACHI: During the week ending March 20, Pakistan’s total liquid foreign exchange reserves stood at $16.131 billion versus $16.273bn the...
Cabinet body okays sale of 97pc HEC shares to Cargill Holdings for Rs905m; liabilities Rs435m, Rs250m in cash
ISLAMABAD: A cabinet body has okayed strategic sale of 97 percent shares of Heavy Electrical Complex (HEC) to Cargill Holdings...
1095 barrels/day: OGDCL makes 104th oil, gas discovery in 4 months
ISLAMABAD: The Oil & Gas Development Company Limited (OGDCL) has claimed to discover another natural oil reserves from exploratory Well...
Rs95b out of Rs110b paid: Sugar millers seek subsidy for payments to growers
LAHORE: The Punjab government has been urged to financially support the sugar millers for payment to growers and give the...
1,095 barrels of crude oil/day from a well: OGDCL claims to discover huge oil reserves in Sindh
ISLAMABAD: The Oil and Gas Development Company, in a statement, has claimed to discover a large reserve of crude oil...
Gas supply from well No 15 disrupted as 8-inch pipeline blown up in Dera Bugti
DERA BUGTI - With explosive device, an 8-inch-diameter gas pipeline was blown up by miscreants in Pir Sohri area disrupting...
Traders protest delay in completion of Rs44.21b Metro bus project, demand tax exemption
RAWALPINDI: The traders of twin cities, protesting against the delay of Rs44.21 billion Metro Bus Service project, have demanded exemption...
PSM production remains 50% of 1.1mt/annum: Ship carrying 55,000 tonnes coal arrives from Australia
KARACHI: A ship MV Trans Pacific carrying 55,000 tonnes of coal from Australia has arrived at Pakistan Steel Mills Jetty,...
Proposal to link PIA to 10 cities of China: Key companies want to prop up Pak airline, CAA
ISLAMABAD: Chinese company Sibol China Limited Managing Director Qiao Song said many leading Chinese companies want to invest in Pakistan...
SBP says Islamic Finance industry reaches $ 1.8tr in 40 years, to set up CEIFE after varsities’ proposals
KARACHI: The External Relations Department of State Bank of Pakistan has announced that the SBP will set up the Centre...
GDP growth rate will be 4.3% against 4.5% target: Sustainable policies stressed to boost economy
LAHORE: The speakers at a conference on Management of the Pakistan Economy, organised by the Lahore School of Economics, have...
As reserves climb to $11.2b from $3.2b, Moody’s affirms Pak govt’s rating at Caa1
ISLAMABAD: On the basis of strengthening external liquidity position and continued efforts toward fiscal consolidation, Moody’s Investors Service, a rating...
As reserves climb to $11.2b from $3.2b, Moody’s affirms Pak govt’s rating at Caa1
ISLAMABAD: On the basis of strengthening external liquidity position and continued efforts toward fiscal consolidation, Moody’s Investors Service, a rating...
TT charges to be 20 Riyals on $200 remittance: Dar declares new PRI scheme
KARACHI: Federal Finance Minister Ishaq Dar, while addressing an award ceremony at Karachi Stock Exchange to recognise the 25 best...
$795.8m worth 1410MW project: Wapda submitting PC-1 of Tarbela’s 5th Extension
LAHORE: The Water and Power Development Authority (Wapda) has decided to submit PC-I of 1410-MW Tarbela 5th Extension Hydropower Project...
80% hospitals don’t have incinerators: CDA forms body for dumping medical waste
ISLAMABAD: The Capital Development Authority (CDA), responding a letter written by the Climate Change Secretary Muhammad Arif Khan, has decided...
Under $22b deal, 147,000 cubic feet LNG shipment reaches Karachi from Qatar
KARACHI: An LNG shipment of 147,000 cubic feet has reached the Karachi anchorage from Qatar in a Floating Storage Regasification...
PTA bans WordPress.com in Pakistan, still accessible without any hurdle
ISLAMABAD: A few days ago Pakistan Telecommunication Authority (PTA) banned the most popular blogger website WordPress.com in Pakistan. But despite...
Electricity demand surges to 13700 MW, shortfall reached to 4700 MW
ISLAMABAD: National Transmission and Dispatch Company (NTDC) said that the electricity shortfall has increased to at least 5000 Megawatt (MW)...
Police baton-charge protesting farmers; 70 briefly held
LAHORE: The police Wednesday baton-charged the protesting farmers at Lahore Press Club and arrested 70 of them and later released...
