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Sugar to cost Rs10 more at Utility Store

Sugar to cost Rs10 more at Utility Store

Tuesday, July 27, 2010 15:25

[caption id="attachment_3405" align="alignnone" width="547" caption="A man carries a sack of sugar, while others queue for their turn at a market in Karachi."][/caption]...

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Oil prices up in Asian trade

Oil prices up in Asian trade

Wednesday, July 14, 2010 11:27

Oil prices rose in Asian trade on Wednesday, lifted by a rebound in global equities markets, analysts said. New York's main contract, light sweet crude for delivery in August, gained two cents to 77.17 dollars a barrel. Brent North Sea crude for August delivery climbed 27 cents to 76.92 dollars. Crude ...

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France to give 180 m Euro to Pakistan

France to give 180 m Euro to Pakistan

Saturday, July 10, 2010 11:19

France will provide 180 million Euro to Pakistan during next two years under ‘Friends of Pakistan’. Pakistani and French officials have signed the agreement in economic planning division in France. According to agreement, Pakistan will get 180 million Euro from France in next two years. France had pledged 300 million ...

WB approves $6.2 bln Pakistan lending plan

WB approves $6.2 bln Pakistan lending plan

Friday, July 9, 2010 11:40

WASHINGTON: The World Bank on Thursday approved a four-year $6.2 billion lending program for Pakistan that seeks to boost tax revenues, make energy supplies more reliable and improve conditions in conflict-hit areas. While the lending strategy from 2010 to 2013 is slightly less than the $6.5 billion committed during ...

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Raja replays old trumpet for Balochistan

Raja replays old trumpet for Balochistan

Thursday, July 8, 2010 12:03

Federal Minister for Water and Electricity Raja Pervaiz Ashraf, has once again broken the ice, playing the same old trumpet – ‘government is setting up several power projects on war-footing basis’, but this time, the claim has been made for Balochistan. Federal government is working on several power projects ...

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 China TGC to invest in Pakistan energy sector

China TGC to invest in Pakistan energy sector

Wednesday, July 7, 2010 19:15

China’s Three Gorges Corporation (TGC) has expressed agreement to make 10 billion dollar investment in energy sector in Pakistan. Talking to media after holding meeting with President Asif Ali Zardari here, the chairman TGC Mr. Koing Jang said that a dam with capacity to generate 7000-megawatt electricity in Bonji place of ...

LPG price hiked by Rs6 /kg

LPG price hiked by Rs6 /kg

Saturday, July 3, 2010 19:49

ISLAMABAD: The advent of the new financial year has brought with it a fresh season of hardships for the common citizens despite government claims to the contrary. The price of Liquefied Petroleum Gas (LPG) has been raised by Rs6 a kilo following the hike in power tariff. Chairman LPG Distributors Association Irfan ...

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Pakistan ranked 85th in ease of doing business

Pakistan ranked 85th in ease of doing business

Wednesday, June 30, 2010 15:15

ISLAMABAD: World Bank (WB) and International Finance Corporation (IFC) in a joint report on “Doing Business in Pakistan, 2010” said that Pakistan ranked 85th in ease of doing business in the world and if the best practices already being exercised in different cities can help upgrade its global ...

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Sindh refuses to exempt CAA bonds from stamp duty

Sindh refuses to exempt CAA bonds from stamp duty

Thursday, June 24, 2010 11:52

The Sindh government has refused to exempt Islamic bonds worth Rs30 billion of Rs1 billion stamp duty. The bonds were to be issued by the Civil Aviation Authority (CAA) against its assets at the Quaid-e-Azam International Airport. The floating of bonds has been delayed as without a no-objection certificate ...

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IMF regional head arrives to discuss VAT energy reforms

IMF regional head arrives to discuss VAT energy reforms

Tuesday, June 22, 2010 12:34

ISLAMABAD: The regional head of the International Monetary Fund (IMF) has arrived in Islamabad and is expected to seek guarantees from the political leadership on crucial taxation issues and power sector reforms, a finance ministry official said. His trip, which will last three days, comes in the wake of ...

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