Business
Business
Delay in power projects puts paid to plans on ending outages
The government’s long awaited plan to end electricity outages in 2018 has suffered a huge setback as work on two…
Pakistan intends to trade with Iran in euros
Pakistani businessmen will open letters of credit (LCs) for imports from Iran in euros instead of dollars due to the fact…
“Loss of Rs30 billion averted”, insists ministry of power
The Ministry of Water and Power has claimed that it has prevented a possible loss of at least Rs30 billion…
CCP gives green light for merger of Mobilink & Warid
The Competition Commission of Pakistan (CCP) has formally given the green signal for the proposed merger of Mobilink and Warid. The merger…
8MFY2015-16: Current account deficit goes down to $1.86b: SBP
Pakistan’s current account deficit has shrunk to around $1.86 billion in July-February, according to data released by the State Bank of Pakistan…
HEC: Government to start privatisation process all over again
The Privatization Commission board earlier yesterday allowed the government to start afresh the Heavy Electrical Complex (HEC) sell-off process after the previous…
Pakistan offers many duty free concessions to carmakers
Pakistan earlier today announced that foreign carmakers seeking to enter the market could import machinery for their plants duty-free, in…
PIA: Government ready for opposition onslaught
Both the upper and lower houses of parliament will convene today (Monday) for a joint session to discuss around seven key…
Automobile policy approved finally.. No relief for CBU importers or consumers!
The government earlier today approved a new automobile policy, which offers tax incentives to new entrants to help them establish…