Business

Business

Indonesia likely to ban import of Pakistani kinnows

Islamabad: Indonesia is likely to impose a ban on the import of Pakistani Kinnows with effect from January 2016. According to…

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World Bank agrees to finance Tarbela’s extension

Islamabad: The World Bank has affirmed its financial assistance for the 1,410-megawatt fifth extension of Tarbela hydroelectric power project that will…

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AGP gives govt clean chit on Nandipur project

Islamabad: The federal government has claimed that the Auditor General of Pakistan (AGP) has given it a clean chit on the…

6 Min Read

WAPDA signs Rs4.8 billion contract with Chinese group

Islamabad: The Water and Power Development Authority (Wapda) has signed a contract worth Rs4.8 billion with China Railway First Group (CRFG)…

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PSDP: Development spending sees axe

Islamabad: The Ministry of Finance has withheld funds amounting to Rs79.4 billion out of the Rs150.6 billion sanctioned by the planning…

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ECNEC gives go ahead to motorway’s Lahore-Multan section

The country’s top most economic decision-making body earlier yesterday approved the construction of the 230km Lahore-Multan section of the Karachi-Lahore…

3 Min Read

Kickbacks” PPL likely to be sold piecemeal

The management of Pakistan Petroleum Limited (PPL) has decided to divide the company’s production and reserves into smaller assets, in…

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3 Pakistan companies upgraded on investors’ index

The  MSCI announced earlier today the inclusion of three Pakistani companies into the MSCI Small Frontier Markets Small Cap Index.…

3 Min Read

Kuwait’s ‘Agility’ withdraws case against Pakistan

Just days befre hearing, the Kuwait-based Agility Private Limited Company has withdrawn a case it filed in the International Centre…

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