The government will acquire 1,000 acres of land at the cost of Rs 9.665 billion for the establishment of the… Read More
Federal Govt Yet to Release Ex-Fata Share in NFC Award
The federal government has not paid the 3 percent share of the National Finance Commission (NFC) to merged tribal districts… Read More
No Electricity Tariff Hike Under Consideration: Energy Ministry
Electricity consumers can heave a sigh of relief as the government doesn’t plan on increasing the power tariff despite reports.… Read More
Descon Oxychem Plans to Expand Its Wings to UAE
The board of directors of Descon Oxychem Limited (DOL) has given a green signal to the company’s management for the… Read More
PSX to Delist Ados Pakistan Ltd Next Month
Ados Pakistan Limited (PSX: ADOS), a leading manufacturer of critical oilfield equipment, will be delisted from the Pakistan Stock Exchange… Read More
5G to be Launched in Major Cities of Pakistan: IT Minister
Federal Minister IT and Telecommunication Syed Aminul Haque on Wednesday said 5G technology will initially be launched in major cities… Read More
Govt Partially Hands Over Construction of Saudi-Funded Road Project to NHA
The Federal government has partially handed over the execution of construction of the project on Saudi Funded Neelum Valley Road,… Read More
Steel Prices in Pakistan Spike For The 2nd Time in a Week
The domestic prices of steel products have spiked for the second time in a week due to another increase in… Read More
Govt’s New Scheme Will Help Localize Car Parts
The government has decided on bi-annual updating of SRO 693(I)2006 to ensure speedy localization, where the parts or components localized… Read More
Pakistan’s Fuel Imports Under Saudi Oil Facility Near $1 Billion
Pakistan imported petroleum products worth $500 million on a deferred payment basis under the Saudi oil facility during the first… Read More
PM Orders to Increase Tax Collection Target by 22% Within 6 Months
Prime Minister Shehbaz Sharif has ordered the Federal Board of Revenue (FBR) to collect Rs. 7.6 trillion in taxes by… Read More
PESCO to Pay Rs. 75 Million Fine or Right of Way to 2 Companies
The Competition Commission of Pakistan (CCP) has found Peshawar Electric Supply Company (PESCO) acting in violation of Section 3 of… Read More
