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Hutchison Port Holdings announces $240m investment in Pakistan

Pakistan, Oct. 16 -- Prime Minister Imran Khan has welcomed $240 million foreign investment from Hutchison Port Holdings, a Hong Kong-based port operator. A delegation of Hutchison Port Holdings, led... Read More


Pakistan LNG cancels huge 10-year LNG tender

Pakistan, Oct. 16 -- State-owned Pakistan LNG Limited has cancelled a tender to buy liquefied natural gas over a 10-year period and may turn to the spot market instead, two sources familiar with the m... Read More


Difficult but not impossible

Pakistan, Oct. 16 -- After accession to Pakistan, Balochistan witnessed the implementation of the One-Unit scheme in 1955 which amalgamated the four western provinces into one. The new scheme was more... Read More


HBL's profit climbs to Rs8.4bn in Q3 2019

Pakistan, Oct. 16 -- HBL on Tuesday declared a profit before tax of Rs8.4 billion in the third quarter of 2019, more than double over the corresponding period last year. The bank's core domestic busi... Read More


$14.5 billion worth Saudi projects underway in Pakistan

Pakistan, Oct. 16 -- Work has started on $14.5 billion worth of Saudi energy and petroleum projects in Pakistan, Omar Ayub Khan, federal minister for power and petroleum, told Arab News in an intervie... Read More


FBR seeks dollar procurement data from forex companies

Pakistan, Oct. 16 -- The Federal Board of Revenue (FBR) has issued notices to at least 24 foreign exchange companies, seeking details of people who procured US dollars from them, reported The News. T... Read More


Demanding fresh elections

Pakistan, Oct. 16 -- Without removing flaws in the election process Maulana Fazlur Rahman had announced the date for what he calls the Azadi March without consultations with the two major opposition ... Read More


FBR says 'striving hard' to facilitate trade activities in Balochistan

Pakistan, Oct. 16 -- The Federal Board of Revenue (FBR) has especially posted a senior BS-21 officer of Pakistan Customs Service as Chief Collector of Balochistan with dedicated Collectorates for Enfo... Read More


Govt launches 'Durust Dam' app in Islamabad to plug market manipulation

Pakistan, Oct. 16 -- The Islamabad administration has launched a mobile application, 'Durust Daam', to control price hike and difference of rates in the markets. The app, according to the administrat... Read More


Govt to reconcile exports' figures amid discrepancies

Pakistan, Oct. 16 -- The Pakistan Tehreek-e-Insaf (PTI) government is all set to reconcile exports' figures as it sees discrepancies in the calculation of various government bodies. The Ministry of C... Read More