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Saturday, July 20, 2019

Pakistan to start low-cost hydro power projects

Pakistan government has said it will execute low cost hydro power projects on priority basis to overcome energy crisis. Speaking at a meeting in Lahore,...

Federal Budget 2011-12 likely to miss most targets

After four years of expansionary fiscal policy, resource constraints are beginning to bite, according to Standard Chartered Bank Pakistan’s economist Sayem Ali. In a recently...

Asia’s wheat demand met by Pakistan

SINGAPORE: Asia’s immediate wheat demand is being met by an ample supply from Pakistan, which is exporting large quantities to make way for...

Petrol and furnace oil shortage feared

ISLAMABAD: As stocks of petrol and furnace oil decline to alarming levels, the petroleum ministry has asked the Oil and Gas Regulatory Authority (Ogra)...

Bullet and Bomb Proof Car’s Production in Karachi

KARACHI: As an unprecedented wave of killings and kidnappings hits Karachi, the Pakistani city's elite are splashing out the cash to have their luxury...

Suzuki profits to ride high on Punjab taxi scheme

Suzuki profits are expected to jump 88 per cent following the Punjab government’s taxi scheme, according to KASB Securities. The Punjab government allocated Rs4.5 billion...

Increase in income tax on the cards

KARACHI: The government’s aggressive stance on increasing tax revenues points to a possible rise in taxes on the banking sector, according to BMA Capital. Higher...

Gilani approves Rs 350m for select advertising agencies

LAHORE: Prime Minister Yousaf Raza Gilani had approved payments worth Rs 350 million for select advertising companies in violation of government rules, on Wednesday. According to...

SBP quarterly report: Banking sector assets rise by 8%

KARACHI: Assets of the banking system grew by 7.7% to Rs7.1 trillion during October-December 2010 mainly because of investments in government papers and seasonal...

Locally Assembled TOYOTA PRIUS – Indus Motor Announced the Launch By The End of...

Market forecasts and trends of local automakers come from the imported cars market it seems; when importers begin importing a particular car. Such is the...

ADB to give $400m for infrastructure

KARACHI: The Asian Development Bank (ADB) will give $400 million for a programme to improve the infrastructure and municipal utility services for about five...

Govt approves 6% raise in petroleum prices

The government increased prices of petroleum products on Saturday by between 4.8 per cent and 11.8 per cent, on the heels of sharp rises...

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