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OGDCL discovers new oil and gas reserves in Pakistan

News Desk
2020-12-23

The Oil and Gas Development Company Limited (OGDCL), as the operator (97.5percent) of Baratai Block has discovered gas and condensate...

China seeks additional guarantees from Pakistan over 6 billion loan for CPEC ML – 1 project

News Desk
2020-12-23

*China has sought out additional guarantees from Pakistan for a new $6billion for Main Line -1 (Ml-1) due to weakening...

Significant increase in the prices of Petroleum products on cards

News Desk
2020-12-23

Islamabad: Central Power Purchasing Agency (CPPA) has requested NationalElectric Power Regulatory Authority (NEPRA) to increase electricity priceRs by 1.52 per...

Federal government takes important decisions over FATF issue

News Desk
2020-12-22

In order to effectively combat the menace of money laundering, the NationalFinancial Action Task Force (FATF) Secretariat will be equipped...

Pakistani Rupee witnessed significant drop against US dollar

News Desk
2020-12-22

The start of the week has shown mixed results for the Pakistan Rupee in theinterbank market. On the first trading...

CPEC: Two largest development projects in Making

News Desk
2020-12-22

The Sukkur to Multan section of the Peshawar-Karachi Highway has beencompleted and was opened up for traffic on December 16,...

Pakistan seek positive news over 1.7 billion debt

News Desk
2020-12-22

The G20 countries, together with the Paris Club creditors had announced aDebt Service Suspension Initiative (DSSI) to provide much needed...

International automaker introduces new EV in Pakistan

News Desk
2020-12-22

On Saturday, Morris Garages, a China-based automaker of British origin,which just made an entrance in the Pakistani market, held an...

FBR issues new rules for the declarations of the Amnesty Scheme 2019

News Desk
2020-12-22

The Federal Board of Revenue (FBR) will not initiate proceedings againstthe legally valid declarations of amnesty scheme of 2019 under...

Pakistan seeks yet another positive development over exports fronts

News Desk
2020-12-22

The Information Telecommunication (IT) and IT-enabled Services (ITeS)export remittances comprising computer and call center services surged to$763 million during the...