Multan-Sukkur Motorway inauguration delayed as China wishes for mega opening

--Govt was reluctant to give previous government credit by arranging mega event, Ministry of Communication source claims ISLAMABAD: Although the Ministry of Communications, National Highway Authority (NHA)...

PM orders countrywide crackdown on illegal import of cigarettes

ISLAMABAD: Prime Minister (PM) Imran Khan on Monday ordered a countrywide crackdown on the illegal import of cigarettes which cause the national kitty an...

JS Global Capital’s Faran Rizvi named best equity trader at 14th CFA Excellence Awards

CEO of Insight Securities and veteran trader Zubair Ghulam Hussain received the runner-up award in the equity trade category.

Work on Bhasha and Mohmand dams to commence in 2017: minister

Minister for Water and Power Khawaja Asif on Wednesday said that the groundbreaking ceremonies of two massive reservoir construction projects, the Diamer-Bhasha dam and...

Two new power plants to add 1650 MW to national grid

The government signed four agreements on Wednesday to set up two coal-based power plants of a total of 1650 MWs in Hub and Thar...

Pakistan seeks help to set up institution for financing development

Pakistan is seeking the support of international financial institutions (IFI) to set up a new institution to facilitate long-term investment for infrastructure projects, an...

ECNEC approves energy and education mega projects

In a meeting chaired by Finance Minister Ishaq Dar on Wednesday, the Executive Committee of the National Economic Council (ECNEC) approved various mega projects...

Expo 2017: Future Energy

by Muhammad Asif Noor   Less than five months remain before the ‘Expo 2017: Future Energy’ opens in Astana, Kazakhstan. The ‘future energy’ theme is meant to...

Exchange companies awaiting Pak-rupee devaluation

Despite all efforts of the State Bank of Pakistan (SBP) to shrink the gap between the interbank and Kerb market rates, exchange companies are not...

Power tussle in FPCCI lingers on

Members of the executive committee of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) have expressed concern over FPCCI President Zubair Tufail...

OGRA recommends RS 3 decrease in POL prices

ISLAMABAD- The Oil and Gas Regulatory Authority (OGRA) on Thursday forwarded a summary to the Ministry of Petroleum and Natural resources seeking a cut in...

Govt releases Rs 179.328 billion for development projects

ISLAMABAD- The government has so far released Rs. 179.328 billion under Public Sector Development Programme (PSDP) for various projects against total allocations of Rs. 540...

Security, structural weaknesses haunt economy, says SBP

The State Bank of Pakistan (SBP) on Wednesday observed that growing security concerns and persistent structural weaknesses continue to impede the country's economic growth...