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Monday, December 9, 2019

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...

Who is the licencing authority for CNG Stations?

The Oil and Gas Regulatory Authority (Ogra) has not issued a single licence for opening a Compressed Natural Gas (CNG) stations in the country,...

Groundbreaking ceremony of Zameen Development’s project ‘Zameen Opal’ takes place in Lahore

Lahore (22nd May, 2019): Zameen Developments organized the official groundbreaking ceremony for its first residential project in Lahore, titled Zameen Opal, on Wednesday. The ceremony...

Annual Plan 2011-12 : No concrete solutions to unemployment, poverty and energy crisis

Pakistan’s economic outlook for the next financial year remains fragile and success of upcoming budget hinges on national consensus on levying taxes, netting wealth...

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,...

Railways to purchase 50 locomotives from US

The Ministry of Railways to has decided to purchase 50 locomotives from United States worth of 22 billion and 500 million rupees. According to reports,...

Long-term financing: State Bank raises lending rates by 150 basis points

The central bank that maintained its key policy rate at 14% in its last monetary policy decision amid stubborn inflation and government’s failure to...

Meezan Bank 8 to 8 Banking

Islamic banking in Pakistan has grown rapidly in the last few years. Keeping in view the small size of the industry and its evolutionary...

Two new power plants add 390MW to national grid

ISLAMABAD: Two private sector power projects, having cumulative net capacity of 390 megawatts, have been added to the national grid in the last one...

Nokia says Apple to pay royalties, ending patent disputes

The world’s leading mobile phone maker Nokia said Tuesday that its competitor Apple had agreed to pay royalties for use of Nokia technology in...

Starbucks or Sattarbuksh?

The striking resemblance between the names Starbucks and ‘Sattar Buksh’ is no mystery — mainly because it is a  deliberate marketing tactic. While the name...

Chinese company to enhance capacity of power plants

KARACHI: China Water and Electric Corporation (CWEC) is ready to provide all possible technical assistance in enhancing capacity of power plants, said CWEC President...

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