Business
Business
Power sector update
THE second half of fiscal year 2014 proved to be another difficult period for independent power producers, as the National…
Farmers seek curbs on imported greens
Frequent and sizeable imports of cheaper vegetables from India hurt Pakistani farmers while the idea behind imports is to ensure…
Higher gas acess may lead to legel action by various industries
The simmering conflict between a wide spectrum of industries and the government over the gas infrastructure development cess has the…
A fresh approach to energy solutions
With the unending circular debt and the structural problems in the energy sector, the government is making strategic changes in…
State Bank upgrades prudential banking regulations
The State Bank of Pakistan’s latest upgradation of prudential regulations for corporate and commercial banking enables banks to seek more…
Oil and commodity prices mixed on supply strains
Commodity markets diverged this week as metals benefited from better-than-expected US jobs data while oil futures were hit by easing…
ADB approves $197m for Balochistan National Highway development Project
The Asian Development Bank has approved a loan of $197 million for the national highway development project of Balochistan. Under…
PHRC develops mobile cooling machine to increase Mango life by 3-4 weeks
The Post Harvest Research Centre has developed a mobile reefer/air blast cooling unit that increases post-harvest life of mango by…
Ramazan remittances may hit $2bn figure
Remittances have sharply increased in Pakistan that may lead to total collection of up to $2 billion during Ramazan, said…