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CPEC: 1263 MW LNG fueled power plant in Jhang to be setup

News Desk
2017-09-29

LAHORE – An agreement has been signed with a Chinese company in Lahore on Friday to set up a 1263 MW LNG-fueled power plant in Jhang....

OGRA recommends an increase of upto Rs 19 in oil prices

News Desk
2017-09-29

ISLAMABAD – Oil and Gas Regulatory Authority OGRA has recommended an increase of Rs 19 in the Kerosene oil prices...

Pakistani Rupee devaluation fear stirs panic, foreign currency accounts witness dollars pile up

News Desk
2017-09-29

KARACHI: Fearing a devaluation of the rupee, Pakistanis have started piling up dollars in their foreign currency accounts. This has...

China s Shanghai Electric Power to take over K-Electric as last hurdle removed

News Desk
2017-09-29

KARACHI – Defence Ministry had given security clearance to Shanghai Electric Power (SEP) for the acquisition of K-Electric. SEP received...

Pakistan becomes the world s fastest growing retail market

News Desk
2017-09-29

KARACHI: Pakistan’s burgeoning youth and their freewheeling attitude toward rising incomes have turned the nation into the world’s fastest growing...

CPEC benefits start to appear as Pakistan Global Competitiveness Index increases significantly

News Desk
2017-09-29

ISLAMABAD – World Economic Forum Report (WEFR) mentions that China-Pakistan Economic Corridor (CPEC) has helped Pakistan climb several notches up...

Pakistan Foreign Exchange Reserves decline further

News Desk
2017-09-29

KARACHI: Pakistan’s total liquid foreign exchange reserves amounted to $20 billion on Sept 22, down $48.1 million or 0.24 per...

Pakistan offers attractive investment, liberal foreign exchange regime: PM

News Desk
2017-09-29

ISLAMABAD, (APP): Prime Minister Shahid Khaqan Abbasi Thursday said that Pakistan offered attractive investment and liberal foreign exchange regime that...

Pakistan calls for joint regional efforts to combat terror, boost development

News Desk
2017-09-29

BEIJING, (APP): Federal Interior Minister Ahsan Iqbal has called for joint regional cooperation to counter terrorism and build a stable...

Dollar extends gains after Trump tax plan but equities struggle

News Desk
2017-09-28

HONG KONG, (APP/AFP) – The dollar edged up further in Asia on Thursday as focus turned back to the United...