Business
Business
Govt to invite international bids for $1.7b Jamshoro coal fired plants
The Ministry of Water and Power has decided to invite international competitive bids for the engineering, procurement and construction (EPC)…
Pakistan courts Renault-Nissan in a bid for auto investment
Pakistan is trying to court foreign car makers like Renault-Nissan with generous import duties, however convincing them to set up factories will be…
Suzuki may invest $460m in Pakistan….. if govt revises new auto policy
Suzuki plans to invest $460 million into Pakistan but only if the government provides the right incentives and amends its new…
PSX Market watch: KSE-100 Index nears all-time high as bulls rule the roost
The Pakistan Stock Exchange (PSX)’s possible reclassification to the emerging market status was more than enough to make investors swing into…
Pakistan to replace China as next apparel mogul?
Islamabad: With labour in China no longer the abundant commodity it once was, the cost of doing business for apparel manufacturing…
Balochistan CM thinks of CPEC as ‘game changer’
"The government and the people of Balochistan are fully endorsing projects under the China-Pakistan Economic Corridor (CPEC), stated Balochistan Chief…
Hydroelectric power: WAPDA seeks tariff increase to collect Rs. 51b
The Water and Power Development Authority (Wapda) has sought an increase of Rs1.5 per unit in hydroelectric power tariff in…
Pakistan loses Rs24 billion a year due to illicit cigarette trade
Islamabad: Illicit cigarette trade, having grown at a phenomenal 43.5% rate over the last six years, accounts for nearly a quarter…
Electricity trade: Work on CASA power project to commence on May 12
Leaders of Pakistan, Afghanistan and Kyrgyzstan will gather in Tajikistan on May 12 to launch the long-awaited Central Asia South…