Govt, stakeholders fail to reach consensus on urea price
--Fertiliser sector says OGRA-proposed gas price increase will have a direct impact on the cost of urea production
--Govt reaffirms that 'gas price...
‘World Bank willing to invest in PIA’
ISLAMABAD: Pakistan International Airlines (PIA) Chief Executive Officer (CEO) Air Marshal Arshad Malik said on Monday that the World Bank was willing to...
FBR directed to take action against officials issuing ‘bogus refunds’
ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to initiate disciplinary action against tax officials involved...
CPPA proposes Rs1.73 per unit hike in power tariff
ISLAMABAD: The Central Power Purchasing Authority (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to increase power price by Rs1.73 per...
PPL discovers oil & gas deposits in Sindh, Balochistan
The state-owned Pakistan Petroleum Limited (PPL) has announced two oil and gas discoveries in Sindh and Balochistan.
In a letter to the Pakistan...
Japan agrees to employ trained Pakistani labourers
Islamabad and Tokyo have signed a memorandum of cooperation, under which trained Pakistani labourers would be provided with employment opportunities in Japan.
The...
CCI to discuss proposed amendments in Petroleum Policy
ISLAMABAD: The Petroleum Division has proposed six amendments in the Petroleum (Exploration and Production) Policy 2012, and the Council of Common Interests (CCI)...
‘OGRA-proposed gas rates under active consideration’
The Oil and Gas Regulatory Authority (OGRA) carries out the natural gas price determination for Sui Southern Gas Company (SSGC) and Sui...
PIA losses cut by half: CEO
Pakistan International Airlines (PIA) Chief Executive Officer Air Marshal Arshad Malik announced on Saturday that the management was successful in "bringing down...
Pakistan asked to submit replies to 150 FATF queries
Pakistan has received a questionnaire, comprising 150 questions, from the Financial Action Task Force (FATF), a private media outlet reported on Saturday.
According...
CM Buzdar performs groundbreaking of DG Khan development projects
DERA GHAZI KHAN: Punjab Chief Minister Sardar Usman Buzdar on Friday performed the groundbreaking ceremony of various development projects worth billions of...
CNG dealers express concerns over suspension of gas
ISLAMABAD: The All Pakistan Compressed Natural Gas Dealers Association (APCNGDA) on Friday expressed concern over the Sui Northern Gas Pipelines Company Limited's...
Pakistan’s economic reform programme on track: IMF
ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) has completed the first review of Pakistan’s economic performance under the Extended Fund...
Govt plans further reduction in fertiliser prices
ISLAMABAD: Rebuffing the rumours that the price of fertiliser may jump as a result of the increase in gas prices being recommended...
Gold imports drop 4.8pc in five months
ISLAMABAD: The import of gold into the country decreased by 4.81pc during the first five months of the current financial year (2019-20)...