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REAP urges government to enhance exports

KARACHI: The government must focus on rice export markets of China, Malaysia, Indonesia and Bahrain as that will ultimately support all st...

Looking for survival: Local steel industry pleased with protection, looks to construct growth

KARACHI: Welcoming the latest policy, leading steel melters and re-rollers on Wednesday defended the imposition of 15% Regulatory Duty (RD)...

Power production: Country to stop consuming furnace oil over time

ISLAMABAD:   In a new policy, the government has decided to put a cap on oil consumption in electricity production and produce about 2...

Development schemes: New Gwadar Airport gets ECNEC’s approval

ISLAMABAD: The Executive Committee of National Economic Council (Ecnec)   on Monday   approved nine mega development schemes requirin...

Energy policy takeoff

In July 2013, all the five federal and provincial governments consensually approved the ‘National Energy (Power) Policy’ to get rid of...

Pakistani-backed fertiliser plant in Indiana not seeking state incentives

MOUNT VERNON: A Pakistani-backed company planning to build a $2.6 billion fertiliser plant in southwestern Indiana announced   Thursda...

Solar energy to be brought into national power grid

ISLAMABAD: Amid a worsening energy crisis, Pakistan has approved the use of grid-connected solar energy, rooftop solar installations a...

Russian economy shrinks for first time since 2009

MOSCOW: Russia’s economy shrank in November for the first time in five years, the government said   on Monday , illustrating the sharp...

PPL makes fifth discovery in Sindh

ISLAMABAD: Pakistan Petroleum Limited (PPL) on Thursday announced to have found another natural gas and condensate reserve in Sanghar ...

Drug plan: Price control mechanism to hurt industry

LAHORE:   The current drug shortage in India due to a price control mechanism should be an eye opener for the Drug Regulatory Authorit...

Bumper yield: Government mulls exporting tomatoes

ISLAMABAD:  The government is considering giving permission to growers to export tomatoes that will, as a consequence, increase its pr...

In jeopardy: Neelum Jhelum plant faces $475m funding black hole

ISLAMABAD:   Despite the government’s promise to complete the 969-megawatt plant in the next two years as part of its strategy to end ...

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