Business & Economy

ISLAMABAD, MAY 31 (ONLINE): National Electric Power Regulatory Authority (NEPRA) has approved hike in power tariff by Rs 3.99 per unit. This increase in tariff will entail additional financial burden of over Rs 51 billion to consumers. Meeting of NEPRA was held here under its […]

ISLAMABAD, May 27 (APP): Federal Minister for Finance and Revenue, Miftah Ismail on Friday said that government will not impose any new taxes on petroleum products. Talking to a private television channel, he said we will provide targeted subsidy in order to facilitate the poor […]

COLOMBO – May 24 (ONLINE) Sri Lanka increased fuel and transport prices on Tuesday, a long-flagged move to combat its debilitating economic crisis, but the hikes are bound to exacerbate galloping inflation, at least in the short-term. Power and Energy Minister Kanchana Wijesekera said in […]

Karachi, May 23, 2022 (Online): Mr. Irfan Iqbal Sheikh, President FPCCI, has called upon world-class Dutch companies to expand their presence in Pakistan; and, look for joint ventures and strategic partners to extend their footprint. He noted that Dutch companies are already doing great business […]

Islamabad, May 23, 2022 (Online): Pakistan Water and Power Development Authority (WAPDA) has successfully commissioned generating units No. 5 and 6 of the Mangla Hydel Power Station, recently refurbished with the financial support of United States Agency for International Development (USAID). With refurbishment, installed generation […]

Gwadar, 23 May (Online): The initiatives in the domain of Corporate Social Responsibility (CSR) undertaken by China Overseas Ports Holding Company (COPHC) and other Chinese firms in Gwadar are appreciable and are aimed at the right direction, however, effective development communication and positive engagement with […]

FAISALABAD, May 22 (APP): Growers have been advised to start the cultivation of rice nursery by using approved varieties of seeds as the period from May 20 to June 07 is the best for rice nursery. A spokesman for the agriculture department said on Sunday […]

ISLAMABAD, May 22 (APP): President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik Sunday urged the International Monetary Fund (IMF) to work out timely bailout package to put defaulting Sri Lanka, a financially crumbled country, on track. Talking to a delegation of women entrepreneurs […]

BEIJING, May 21 (APP):China has granted more than 5 billion RMB for several socio-economic projects during the last 7 years to upgrade the living conditions of the local people of Gwadar under Corporate Social Responsibility (CSR) Initiatives. The grant is dedicated to New Gwadar International […]

LAGOS, May 21 (Xinhua/APP): The African Development Bank (AfDB) said it has approved 1.5 billion U.S. dollars to help African countries avert a looming food crisis. In a statement made available to Xinhua on Friday, the bank said Africa now faces a shortage of at […]