Business
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906,818 foreign tourists received, $306m earned: Tourism schemes in mini-Switzerland to restart
PESHAWAR - Soon after the snowfall season in Malam Jabba in Swat district, the Tourism, Sports, Archeology, Museums and Youth...
Storage capacity for mogas and HSD at 980,000mt, 207,000mt; demand 15,500 tons/day versus 12,300
ISLAMABAD - The month of January had witnessed demand for motor gasoline (mogas) averaging up to 15,500 tons per day...
Power grid to get 1,500MW; 650MW cut in electricity of K-Electric not yet; less outages in summers: Ministry
ISLAMABAD/DOHA: Claiming that the national power grid will get up to 1,500MW electricity, the Ministry of Water and Power indicated...
Dar says $18.783b allocated for power projects: Out of $2.13b, $1.24b incurred on 11 loan projects
ISLAMABAD: Disclosing that an amount of $18.783 billion had been allocated for the power sector projects, Finance Minister Ishaq Dar...
Kepco-NTDC deal to build 500KV D/C transmission line for 2,160MW power, 26 project sites identified
LAHORE – The Korea Electric Power Company (KEPCO) and the National Transmission and Despatch Company Limited (NTDC) entered into a...
$10b to $14b trade with China: Pakistan resists demand of more concessions under Free Trade Agreement
ISLAMABAD: Pakistan has expressed concerns of local industrialists to China over the concession given to Chinese products and minimum facilities...
40mmcfd shortfall: Limited gas supply from Bhit, Naimat Basal fields affects SSGC performance
KARACHI: Due to limited gas supply from Bhit and Naimat Basal fields, the Sui Southern Gas Company is facing 40...
China, India, Iran offer 6500MW to cover 8500MW shortfall
ISLAMABAD: China, Iran and India have offered 6500 MW electricity to Pakistan to cover 8500 MW shortfall this summer. "We...
Petrol demand 12,300 tons/day in Dec, 15,500 in Jan, to settle at 16,500 in Feb: Circular debt behind petrol crisis: Officials
KARACHI - A senior official at Oil Companies Advisory Council (OCAC) said that the circular debt, that choked cash flows...
After $3.3m, Standard Chartered to invest $1m more in anti-blindness project to facilitate 1m Pakistanis
KARACHI - Standard Chartered will invest USD 1 million for avoidable blindness programme ‘Seeing is Believing’ in Pakistan which will...
SNGPL backs NAB’s anti-corruption drive
LAHORE: Sui Northern Gas Pipeline Ltd (SNGPL) has announced to support National Accountability Bureau’s (NAB) anti-corruption campaign. According to the...
1 million people to be benefited: Standard Chartered announces $1m project
KARACHI: Standard Chartered has announced to invest $1 million for ‘Seeing is Believing’ programme in Pakistan, which will benefit 1...
1,680km TAPI gas pipeline: Pakistan to get 1.32bcfd gas, India 1.32bcfd, Afghanistan 0.5bcfd daily
ISLAMABAD: Prime Minister Nawaz Sharif said that steps be taken on immediate basis for early start of 1,680 kiolometers Turkmenistan-Afghanistan-Pakistan-India...
World Bank inks deal with Mongolia, provides $22.7m for third phase of a project
ULAANBAATAR: The World Bank announced a new agreement with Mongolia, provides $22.7 million for the third phase of a project...
42 profiteers fined Rs33,000 in Karachi
KARACHI: The divisional and district administration of Karachi metropolis has challaned 42 shopkeepers and imposed Rs33,000 fine for profiteering and...
2-day workshop: US experts share techniques with CCP staff to detect cartels, deceptive marketing practices
KARACHI: The Competition Commission of Pakistan (CCP), in collaboration with the USAID, US Department of Commerce's Commercial Law Development Programme...
2012–2013 total volume of operations €460m: UNIDO, NUST fostering entrepreneurship
ISLAMABAD - The United Nations Industrial Development Organisation (UNIDO) and the National University of Science & Technology (NUST) have agreed...
20,500 students, 130 new teachers in UAF: German envoy for exchange programme to strengthen ties
FAISALABAD: German Ambassador to Pakistan Dr Cyrill Nunn has called on University of Agriculture Faisalabad (UAF) Vice Chancellor Professor Dr...
Non-supply of gas by CDA to I16 Sector irks Senate body; Saudi Development Fund to give $20m for hospital
ISLAMABAD – ICT Director Development told the Senate Functional Committee on Government Assurances that Saudi Development Fund would provide financial...
SECP takes action against 94 firms
ISLAMABAD: The Securities and Exchange Commission of Pakistan (PECS) has taken an action against 94 firms and initiated show-cause proceedings...
