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PM invites Chinese companies to invest in power projects in Pakistan

BEIJING: Prime Minister Nawaz Sharif has invited China's Gezhouba Company to launch more power projects in Pakistan. Talking to the President of the company‚ who...

Khwaja Asif signals increase in power tariffs from July

ISLAMABAD: Federal Water and Power Minister Khwaja Asif signaled to ramp up the power tariffs, saying it has been decided that the tariffs will...

Pakistan, China ink MoU on Lahore-Karachi Motorway project

BEIJING: Pakistan and China on Friday signed a Memorandum of Understanding (MoU) on cooperation form the construction of Lahore-Karachi Motorway project. Minister for Planning and...

Pakistan’s forex reserves fall to $11.007 billion

KARACHI: Pakistan's foreign exchange reserves dropped to $11.007 billion in the week ending June 28, from $11.344 billion the previous week, the central bank...

Pakistan‚ China to strengthen coordination on regional issues

BEIJING: Pakistan and China have vowed to promote policies to advance peace‚ cooperation‚ and harmony in the region. During the first official visit of Pakistan...

Chinese firm to resume work on Nandipur power project

BEIJING: A Chinese firm has agreed to resume work on Nandipur Power project, which has a capacity to generate 450MW of electricity. The decision was...

SC seeks details of GST charged from CNG consumers

ISLAMABAD: The Supreme Court of Pakistan (SCP) on Friday sought details of general sales tax (GST) charged from CNG consumers over the last six...

Pakistan‚ China sign eight agreements to promote economic cooperation

BEIJING: Pakistan and China on Friday signed eight agreements to enhance bilateral economic cooperation. These include establishment of an economic corridor between Pakistan and China‚...

Chinese company signs MoU for power plant in Punjab

CHINA: A Memorandum of Understanding was signed between Punjab Government and state-owned power producer China Energy Engineering Company in Beijing on Thursday. Punjab Minister for...

Pakistan welcomes Saudi Arabia’s decision to extend labour status of Pakistanis.

The extension has been granted by the King Abdullah Bin Abdul Aziz. Pakistan has welcomed the extension in the grace period of Pakistanis in Saudi...

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