In next 10 years, hydropower share to be enhanced to 49 percent of energy mix
ISLAMABAD: The government plan to carry out a major reshuffle in the sources of electricity to reduce its dependency on imported fuel and to...
AJK to have tourism authority
MUZAFFARABAD: The Cabinet of Azad Jammu and Kashmir (AJK) has decided to establish a Tourism Authority for providing a working environment to those investing...
Pakistan to fulfill IMF conditions before January 12 review
ISLAMABAD: Finance Ministry has revealed that Pakistan will fulfill conditions imposed by IMF as prior action before date set to present sixth review.
The sixth...
Gas crisis aggravates with further drop in temperatures
ISLAMABAD: With the considerable drop in temperatures, the gas crisis in the country is worsening with each passing day, badly affecting the lives of...
Pakistan, Mozambique into an understanding to facilitate trade cooperation
ISLAMABAD: Chambers of Commerce and Industry (Pakistan) Tuesday signed a Memorandum of Understanding (MoU) with the Mozambique Chamber of Commerce, to facilitate cooperation between...
Pakistan’s current account deficit slightly widens to $1.9b in November
KARACHI: Pakistan’s current account deficit, the gap between foreign payments and inflows, edged up to $1.91 billion in November 2021, somewhat in line with...
Pakistan offers incentives to oil Refineries to produce eco-friendly fuels
ISLAMABAD: Pakistan offers a lot of incentives to oil Refineries for producing eco-friendly fuels.
The proposed Pakistan Oil Refinery Policy, 2021 suggests a lucrative package...
Digital payments trend gaining ground in Pakistan
ISLAMABAD: Digital payments are gaining traction in Pakistan as transactions processed through the central bank's large value segment, Real-Time Inter-Bank Settlement Mechanism (PRISM), recorded...
Pakistan moving towards digitalisation of economy
Digital economy is the fourth industrial revolution concept, which has changed the dynamics of the world economy.
Countries around the globe are digitalising their economies...
With installed electricity generation capacity of around 38,000MW Pakistan is power-surplus country
ISLAMABAD: Addition of thousands of megawatts of electricity to the national grid during past few years has transformed Pakistan into an energy-surplus country from...
