Business

Business

Landmark deal seals finance of Thar coal mine

Karachi: After years of hollow promises, a landmark agreement was signed on Monday to finance Pakistan’s first open-pit coal mine in…

5 Min Read

A declining gold demand in Pakistan

Karachi: Gold’s consumer demand in Pakistan remained 9.5 tonnes during the second quarter of 2015, which is down 22.7% from a…

4 Min Read

Tax on internet pulls down economy

Islamabad: In the present age, internet is perhaps the single most important driver of innovation, competitiveness and growth. Digital economy is…

7 Min Read

Dasu hydropower project: Work delayed as issues remain unresolved

Islamabad: The prime minister’s desire to inaugurate the first phase of 2,160-megawatt Dasu hydropower project before his constitutional term ends will…

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Petroleum ministry proposes setting up LNG plant

Islamabad: As the uncertain law and order situation hinders the transportation of gas to Balochistan, the Ministry of Petroleum and Natural…

4 Min Read

NA passes bill, State Bank of Pakistan to take decisions independently

Islamabad: The government has managed to get an important piece of legislation passed from parliament that empowers the State Bank of…

3 Min Read

Household goods: CCP slaps Rs1.25m fine on manufacturing company

Islamabad: The anti-trust watchdog has slapped a fine of Rs1.25 million on Reckitt Benckiser Pakistan – a household manufacturing goods company…

4 Min Read

Mining firm arranges funds from Chinese, local banks

Islamabad: Sindh Engro Coal Mining Company (SECMC) would achieve financial close of the coal extraction project in Thar in October this…

3 Min Read

China-Pakistan Economic Corridor: Issue of western, eastern routes raised again

Islamabad: The issue of changing the route of China-Pakistan Economic Corridor (CPEC) project was raised again during a  meeting of the…

4 Min Read