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Saturday, 28 February 2015
2.
(Highlights/Business News)
Saturday, 28 February 2015
3. Marketing Diamer-Bhasha dam
(Highlights/Business News)
... rcial basis, unlike past practice of raising funds for such projects from institutional lenders. Finance Minister Ishaq Dar and Water and Power Minister Khawaja Muhammad Asif would lead the mar ...
Friday, 10 October 2014
4. Corporates flush with cash
(Highlights/Business News)
...  cement companies rose to Rs31.5bn, from Rs28.6bn in FY13. Lucky Cement has announced an equity investment of Rs27bn in its wholly owned 660MW coal-based power project in Karachi ...
Friday, 10 October 2014
ISLAMABAD: In an apparent snub to the government, the National Electric Power Regulatory Authority (Nepra) has rejected requests by power distribution companies to recover more than Rs35 billion ...
Monday, 16 June 2014
... s infrastructure development cess (GIDC) up to Rs300/mmBtu (million British thermal units) on natural gas consumption and giving more powers to officers of the Federal Board of Revenue (FBR) under Secti ...
Monday, 16 June 2014
7. KP budget for 2014-15 set at Rs404.80 bn
(Highlights/Business News)
...  Province owned receipts have been estimated at Rs13.93 billion. The revenue from the province's owned hydel-power generation has been estimated at Rs2.85 billion which is 21 per cent higher tha ...
Monday, 16 June 2014
KARACHI: Import of used vehicles continued to show negative trend as only 17,968 units were imported in engine capacity range of 660cc to above 3,000cc including jeeps (4x4) in July-April 2013-14 ...
Monday, 02 June 2014
9. ECC approves Rs1.6 billion Ramazan package
(Highlights/Business News)
Friday, 18 April 2014
... c growth and agriculture, stabilisation, education, and health. The State Department pointed out that projects funded by the United States would supply over 1,400 MW to the Pakistani power syst ...
Saturday, 12 April 2014
... of the Indian minister visit to Pakistan. Earlier, the granting of MFN status to India was part of the composite dialogue, which was suspended since January 2013. A high-powered committee headed by ...
Tuesday, 18 March 2014
12. WB to approve $1.5bn loan next month
(Highlights/Business News)
...  Dar to discuss and resolve pending issues related to World Bank assistance to Pakistan. Mr Rachid assured the minister that his institution would provide up to $500 million for Dasu Hydropower Project ...
Tuesday, 18 March 2014
13. Canada pledges support to local businesses
(Highlights/Business News)
... and joint ventures include power and energy, agri-food-breeding stock, food processing equipment and technology, telecommunications/information technology, metals and minerals-equipment, services and ...
Wednesday, 12 March 2014
14. 3,000MW to be imported from Iran
(Highlights/Business News)
... contract, signed a memorandum of understanding with the ministry of water and power here on Monday. The group will also finance and lay transmission lines to add electricity to the national grid ...
Tuesday, 11 March 2014
15. Stocks hit new highs on institutional buying
(Highlights/Business News)
... profit taking after the heavy gains last week were taken aback by strong rally on Monday, powered in great measure by the heavy-weight oil and gas sector, where POL gained 2pc, PPL was up 4pc and OGDC ...
Tuesday, 11 March 2014
16. Additional GST on auto parts sale withdrawn
(Highlights/Business News)
... t had already formed a sub-committee, headed by the minister for water and power, to present a report in this regard. He said the government had also presented new motorcycle policy and had bee ...
Tuesday, 11 March 2014
17. UAE firm signs $2.5bn multi-project MoU
(Highlights/Business News)
... coal-based power projects at Gadani, a jetty for coal import and a transmission line to add 1,320 megawatts of electricity to national grid at an investment of $2.5 billion. The MoU signing ceremony ...
Thursday, 06 March 2014
18. Scrutiny of bank accounts
(Highlights/Business News)
Non-corporate business is up in arms against a government decision to give tax collectors the power to peep into the bank accounts of those who they believe are not paying taxes. The businessmen ...
Friday, 28 February 2014
19. Equity prices drift lower
(Highlights/Business News)
... with range-bound activity. Habib Bank, Lalpir and Pak Gen Power (PKGP) announced their quarter results on Thursday. PKGP surprised investors by announcing dividend at Rs1.50 which helped reverse the ...
Friday, 28 February 2014
ISLAMABAD: The prime minister constituted a high-powered committee on Wednesday to monitor progress of various projects to be completed with Chinese assistance in infrastructure development and ...
Thursday, 27 February 2014
21. Pakistan, Afghanistan to enhance trade ties
(Highlights/Business News)
...  for fiscal stabilisation, mobilisation of domestic resources, phasing out subsides, restructuring the power sector and other public sector enterprises and strengthening the social safety net. The gran ...
Monday, 24 February 2014
22. Privatisation needs a second thought
(Highlights/Business News)
... s and local business elites. Sold out public entities included banks, a telecommunication company, and energy generators and distributors. After assuming power in May last year, the PML-N governme ...
Monday, 24 February 2014
...  Investment was essential for the development of the energy sector (from upstream oil, gas and coal exploration and production, hydel-power, alternative energy development to power generation and ...
Wednesday, 19 February 2014
24. GE urged to invest in Pakistan
(Highlights/Business News)
...  power projects, such as Chicho ki Malian combined cycle power plant, Grange Power Limited Combined Cycle IPP and revitalisation of Genco-III power plants located at Shahadra, Faisalabad and Multan. ...
Wednesday, 19 February 2014
25. Bearish spell continues on stock market
(Highlights/Business News)
... activity as Hub Power Co and Kot Addu Power Co disappointed December quarter shed 75 points in the benchmark index as both the IPPs closed 5pc down. On the contrary, better result announcement from ...
Wednesday, 19 February 2014
26. Accord today for $900m ADB assistance
(Highlights/Business News)
ISLAMABAD: Pakistan and the Asian Development Bank will sign an agreement for $900 million ADB assistance for Jamshoro power generation project here on Wednesday. An ADB delegation, led by Vice ...
Wednesday, 12 February 2014
27. SECP enrols 397 firms in Jan
(Highlights/Business News)
... communications, mining and quarrying, power generation, pharmaceutical, fuel and energy, textile, tourism and trading sectors. During January, 124 companies each were registered at the Company Registration ...
Wednesday, 12 February 2014
28. ECC takes politically tough decisions
(Highlights/Business News)
... n of outstanding loans of distribution companies (Discos) from consumers. The equalisation surcharge will be introduced to maintain a uniform power tariff across the country. It is an inter-Disc ...
Monday, 10 February 2014
29. ADB provides $1.7bn for trade financing
(Highlights/Business News)
Thursday, 06 February 2014
LAHORE: The Water and Power Development Authority (Wapda) has awarded a contract for civil works for the 128MW Keyal Khwar hydro-electric power project to a firm suspended by the World Bank. The ...
Thursday, 06 February 2014

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