Pakistan, China finalise $8.2bn ML-I project: minister
ISLAMABAD: Railways Minister Sheikh Rasheed Ahmed said on Wednesday that Pakistan and China have finalised the Main Line (ML-I) project – a...
WB reiterates commitment to institutional reforms in Pakistan
World Bank Country Director for Pakistan Patchamuthu Illangovan has reiterated his commitment to helping Pakistan in furthering the pace of institutional reforms...
OGRA increases RLNG price by $0.66 per mmbtu
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the SNGPL and...
‘Five-year comprehensive textile policy to be announced by year-end’
LAHORE: Task Force on Textile Chairman Ahsan Bashir said on Wednesday that a comprehensive textile policy to increase the country's exports to $26...
Traders announce countrywide strikes on Oct 28, 29
ISLAMABAD: As the government is reluctant to backtrack from its commitment to implement the CNIC condition, the traders' representatives on Wednesday announced...
Govt urged to resolve oil transportation issues
The All Pakistan Oil Tanker Owners Association (APOTOA) representatives called on Energy Minister Omar Ayub Khan on Wednesday to apprise him about their...
PTCL’s failure to deliver Smart TV set-top boxes irks customers
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) had heavily advertised its Smart TV service towards the end of the last month (September).
This was a...
Japan committed to developing Pakistan’s agro-industry: envoy
ISLAMABAD: Pakistan and Japan are looking to increase bilateral cooperation in the agricultural-based industry and value addition, as the latter has already announced...
KSE-100 ends flat amid volatility
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday, as bulls and bears locked horns, particularly in the...
SBP governor says economic reforms ‘painful but necessary’
KARACHI: The reforms undertaken by the government to address the macroeconomic challenges faced by the economy are now beginning to bear fruit and...
ADB to provide $2.7bn to Pakistan in 2019
KARACHI: The Asian Development Bank (ADB) on Wednesday announced that it will provide $2.7 billion in approved financing to Pakistan during the outgoing...
Pakistan falls to 110 in global competitiveness ranking
Pakistan's ranking on the influential Global Competitiveness Index of the World Economic Forum (WEF) has slipped by three spots to 110, out...
Azerbaijan shows interest in investing into Pakistan’s energy sector
ISLAMABAD: Azerbaijan on Tuesday showed interest to sign a long-term LNG supply agreement with Pakistan to serve the market that sees double...
Govt asked to break hold of food cartel amid price hikes
ISLAMABAD: A parliamentary committee has asked the government to break cartelisation that leads to lofty profiteering at the cost of voiceless consumers...
$21 billion worth of foreign aid yet to be received by Pakistan
ISLAMABAD: Pakistan is yet to receive $21.6 billion in promised foreign aid in the form of economic assistance due to long completion...