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Second LNG terminal project too controversial to handle
The plan to build a second liquefied natural gas (LNG) terminal has been put on hold in the wake of…
PM calls for audits of Nandipur project
Prime Minister Nawaz Sharif has ordered two separate audits — one by an audit firm of international repute and the…
Finance Minister lauds SBP’s policy rate cut
Finance Minister Senator Mohammad Ishaq Dar earlier yesterday appreciated the decision by State Bank of Pakistan (SBP) to reduce Policy…
State Bank announces monetary policy
The State Bank of Pakistan earlier today announced the new monetary policy for the next two months reducing the interest…
FESCO privatisation issue: due diligence finds host of issues
After unearthing problems in privatising the national carrier, the Privatisation Commission (PC) is all set to face another fiasco. The…
Local industry wants incentives, protection from India
As attempts to increase exports fall flat on their face and the local industry cribs all the time, the country…
PM Sharif chairs meeting of industries & traders’ representatives
Prime Minister Nawaz Sharif is chairing a meeting of representatives of industries and traders today in Islamabad. The meeting will…
Ending stagnation: PIA looking to steer itself
The Pakistan International Airlines (PIA) appears to be coming out of years of stagnation, as it recorded an operational loss of…
Trade deficit shrinks by 8.4% to $3.8 billion
Raising fears of a gradually slowing economy, the latest figures reveal that the trade deficit has contracted 8.4%, with exports…