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January 12, 2019 12:00 AM China weighs diversifying agro imports from Pakistan

ISLAMABAD: Chinese Ambassador to Pakistan Yao Jing on Friday said his country was seriously considering enhancing import of potato, cherry, wheat, besides increasing investments in other sectors of economy to strengthen business ties between the two countries. “Chinese government would also formally invite Pakistani experts to monitor the hybrid rice seed expertise 5

January 10, 2019 12:00 AM Blast forces SNGPL to suspend supply to some sectors

LAHORE: The Sui Northern Gas Pipeline Ltd (SNGPL) has suspended gas supplies to industrial, fertiliser, and power sectors in Punjab following a blast in the main transmission pipeline. According to a company spokesman, a 36 inch diameter pipeline was sabotaged at Bhong, Sadiqabad between AC1X - AV7 pipeline segment at downstream of A-1 repeater station

January 8, 2019 12:00 AM ‘Certain trade issues still unresolved’

LAHORE: Sri Lanka and Pakistan have signed free trade agreement (FTA), but certain issues are pending resolution, a diplomat said on Monday. Sri Lankan High Commissioner Noordeen Mohamed Shaheid expressed the hope that the amended agreement would be beneficial for the two countries. Speaking at the LCCI, he said there is a vast scope for the expansion 1

January 7, 2019 12:00 AM NUST renders remarkable contributions in health sector

Islamabad: National University of Science and Technology (NUST) has rendered remarkable contributions in the health sector of the country by developing new technologies during the last five years to assist the health system and benefit the common people. According to the official source, the university has developed cost-effective Cardiac Stent to facilitate

December 29, 2018 12:00 AM JS Bank partners with Adaptive Technologies for Solar Financing

JS Bank has joined hands with Adaptive Technologies under the State Bank of Pakistan’s (SBP) scheme of renewable energy for financing solutions targeted towards JS Smart Roshni, for Small & Medium Enterprises, JS GharApna Solar Panel Financing for residential sector and JS Zarkhez Solar Tubewell for farmers. The collaboration between JS Bank and Adaptive 3

December 27, 2018 12:00 AM Omani minister visits LCCI

LAHORE: Minister for Tourism of Oman Ahmed Bin Nasser Al Mahrizi has said that private sectors of Oman and Pakistan can tap the huge economic potential in various sectors of both countries. Speaking at the Lahore Chamber of Commerce and Industry (LCCI), he said the chambers of both countries should establish strong contacts and ensure timely dissemination 8

December 25, 2018 12:00 AM Public education on inflation called for

ISLAMABAD: Planning Minister Khusro Bakhtyar on Monday directed the officials to devise a mechanism to educate the public on economic statistics especially the trends in consumer price index and inflation. “There is also a need to compile data about the extent to which profiteering and hoarding adds to inflation which affects the general public,” Bakhtyar 7

December 23, 2018 12:00 AM ICCI lauds UAE for lending bailout package to Pakistan

Islamabad: The Islamabad Chamber of Commerce & Industry (ICCI) has hailed the United Arab Emirates announcement to deposit US$3 billion in the State Bank of Pakistan to support the financial and monetary policy of the country and termed it a highly positive development as it would provide crucial financial cushion to the weak foreign exchange reserves 7

December 21, 2018 8:59 AM UAE to deposit US$3 billion in State Bank of Pakistan

ABU DHABI: A month after Prime Minister Imran Khan's meeting with Prime Minister of the UAE, Sheikh Mohammed bin Rashid Al Maktoum, the United Arab Emirates announced its intention to deposit US$3 billion (equivalent to AED11 billion) in the State Bank of Pakistan to support its financial and monetary policy, Emirates News Agency said Friday. The Abu Dhabi 4

December 15, 2018 12:00 AM Gas supply to improve in next two days: SSGC

KARACHI: A spokesperson of the Sui Southern Gas Company (SSGC) on Friday said that there is a possibility of gas supply improving in the next two days. “Gas supply from the fielders has become better and the supply is expected to improve in the next two days," said the spokesperson. “CNG stations will be opened after determining the gas pressure,” the spokesperson 7