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BUSINESS
Thar Coal Can Cut Gas Costs by 60%
Lahore: Gasifying Thar coal can produce a more economical and dependable energy source, cutting gas prices by 60% from the present $20 per million British thermal units (for imported gas) to $8 per mmBtu.
Former Pakistan Science…
Rupee Declines as Dollar Strengthens
Karachi: Due to the dollar's strengthening versus other major currencies globally, Pakistan's currency lost Rs 0.04 to Rs 277.68 against the US dollar on Monday's interbank market, primarily undoing Friday's gains.
Over the weekend, the…
Pakistan identifies 10 energy projects for Saudi’s investment
ISLAMABAD, 29 October 2024: Pakistan has identified ten power related projects including smart grids, high capacity transmission lines and large scale battery energy storage system for seeking investment from Saudi Arab, sources claimed.…
Punjab to Launch Crackdown on Luxury Property Tax Defaulters
RAWALPINDI: The Punjab Excise, Taxation and Narcotics Control Department (ET&NCD) has devised a plan to launch a crackdown on habitual tax defaulter owners of two kanal and larger luxury houses in the Rawalpindi Division, including…
CCP Conducts Advocacy Session with Chainstore Association of Pakistan
ISLAMABAD, October 28, 2024: The Competition Commission of Pakistan (CCP) hosted an advocacy session with the Chainstore Association of Pakistan (CAP) to promote self-regulation and enhance compliance with Competition Law, with a particular…
Market Shift: Nvidia Now Ranks Above Apple in Value
The chipmaker's market worth momentarily surpassed Apple's $3.52 trillion, reaching $3.53 trillion
China and Pakistani Companies Sign $40 Million Deals
At the TEXPO exhibition, they agreed to collaborate in the textile sector
CCP Approves Hoechst’s Acquisition of Claforan Trademarks from Sanofi
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved Hoechst Pakistan Limited's acquisition of the trademarks for the pharmaceutical product Claforan from Sanofi Aventis Deutschland GMBH through a Trademark Assignment…
Nepra Reduces Power Tariff after FCA Review
Customers would receive relief during October billing.
Administrative Challenges Increase Cost of Development Projects
ISLAMABAD, 24 October 2024: The Prime Minister's Committee for Planning and Execution of Foreign-Funded Development Projects was informed that the financial constraints and implementation challenges have led to a ten times increase in the…