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Monday, September 23, 2019
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  • Agreement would enable the CNG sale at least 30 per cent cheaper than petrol price: Mr Paracha
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    ExxonMobil, the world’s largest publicly traded oil and gas firm, on Wednesday signed an agreement with Universal Gas Distribution Company (UGDC) to supply liquefied natural gas (LNG) to the country’s transport sector. “After the agreement, the first shipment of LNG is expected by the next month which will change the entire... Read more »
  • IMF's SOS mission arrives in Pakistan
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    The International Monetary Fund’s (IMF) SOS mission arrived in Pakistan tody. The mission Led by Jihad Azour, Director of the Middle East and Central Asia Department, the mission will hold discussions with Pakistani authorities on fiscal issues, suggest ways to cut the fiscal deficit, and review the reason of a shortfall in... Read more »
  • Proposal to set up CPEC authority opposed
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    The Parliamentary Committee on China-Pakistan Economic Corridor on Thursday opposed the government proposal to set up a CPEC authority, terming it an unnecessary move that will create more confusion in the execution of the multibillion-dollar project. The joint parliamentary committee also criticised government’s decision to set up the authority through a... Read more »
  • CPPA has requested NEPRA to increase the price of electricity by Rs1.93 per unit
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    The National Electric Power Regulatory Authority (NEPRA) has been asked to increase the electricity tariff by Rs1.93 per unit. The Central Power Purchasing Agency (CPPA) has requested NEPRA to increase the price of electricity by Rs1.93 per unit, on basis of a quarterly fuel price adjustment. If the request is approved, an... Read more »
  • Railways Minister invites Korean companies to invest in Pakistan
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    Minister for Railways Sheikh Rashid Ahmad has invited the Korean companies to invest in the rail infrastructure of Pakistan. He was talking to his South Korean counterpart Huang Seong Kyu in Seoul. Sheikh Rashid Ahmad said we want to turn Pakistan Railways into a modern transport entity on the pattern of South... Read more »
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