Hedging against oil price risk proposed
ISLAMABAD: As the oil prices fall globally, the Petroleum Division instead of reducing the prices directly has proposed to the Prime Minister...
Pakistan-Kazakhstan IJC session to boost trade begins today
ISLAMABAD: The two-day 9th Session of Pakistan-Kazakhstan Inter-governmental Joint Commission will begin in Islamabad on Thursday (today).
The IJC session will also be...
Pakistan fails to get any firm US commitment on trade ties
ISLAMABAD: Secretary Commerce of the United States of America Wilbur Ross avoided making any firm commitment to Pakistan during his visit to...
US commerce delegation’s arrival to boost economy: Hafeez
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said the arrival of the delegation from...
NTDC gets Rs6.4bn for construction of 220kV substation, transmission lines at Jhimpir
LAHORE: In order to induct 956MW power from wind power projects to the system, the National Transmission and Despatch Company Ltd (NTDC)...
Power tariff reduced for textile sector
LAHORE: The federal government has agreed to provide electricity to the textile and other zero-rated industries at the rate of 7.5 cents/kWh...
FIA files case against 4 National Savings employees for embezzling funds
ISLAMABAD: The Federal Investigation Agency (FIA) has filed a case against officers and security guard of the National Savings for embezzling funds worth...
ML-1: Railways submits updated PC-1
LAHORE: The Pakistan Railways on Wednesday submitted the updated PC-1 of Main Line-1 (ML-1) project to the Ministry of Planning, Development and...
Muhammad Taha assumes charge as PSO MD
ISLAMABAD: Syed Muhammad Taha on Wednesday assumed charge as the Pakistan State Oil’s managing director/chief executive officer (CEO).
He is known for his...
Tajik envoy stresses to bridge trade gap with Pakistan
LAHORE: Ambassador of Tajikistan to Pakistan Ismatullo Naserdin on Wednesday stressed the need for enhanced trade between Tajikistan and Pakistan.
Talking to the...
POL prices likely to witness significant cut
A cut in the prices of petroleum products is expected in the next couple of days, officials at the Ministry of Finance...
SBP raises Rs388bn from T-bill auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs388 billion through T-bills, exceeding the target set of Rs300...
US seeks to boost trade with Pakistan, says top official
Commerce Secretary Wilbur Ross apprised of Pakistan’s economic reforms, investment opportunities, FATF compliance
Sindh govt aiming new SEZs, foreign diplomats told
KARACHI: Sindh Chief Secretary Syed Mumtaz Ali Shah said on Wednesday that the provincial government had planned to set up three more Special...
Coronavirus not to affect JCC meeting, trade talks with China: Asad Umar
ISLAMABAD: Despite trade activities in China getting badly affected by coronavirus, the planned visit of Chinese President to Pakistan, meeting of the Joint...