Karachi-Hyderabad: M-9 Likely To Be Opened On August 14

The National Highway Authority (NHA) is all set to complete the Karachi-Hyderabad Motorway (M-9) by August this year, almost seven months ahead of its scheduled completion date. The project is likely to be inaugurated on August 14, well before the time in view of its

Record 73.6 Mln Ton Sugarcane Production Registered

ISLAMABAD : The sugarcane production in the country has reached to historical high of 73.6 million ton during this year, showing 12.4 per cent increase as compared to 2016. The sugarcane production touched 65.5 million ton mark during 2016 and comfortably exceeded target of 67.5

Hyundai To Set Up Auto Manufacturing Plant In Pakistan

Hyundai to Set Up Auto Manufacturing Plant in Pakistan as  China Pakistan Economic Corridor CPEC continues to gain momentum. South Korean Auto brand, Hyundai, and Al-Haj group have joined hands to introduce heavy commercial vehicles (HCV) in Pakistan. With an expected investment of around Rs. 4

NEC Approves Rs2.5 Trillion National Development Budget

ISLAMABAD, May 19 (APP): The National Economic Council (NEC) on Friday approved country’s consolidated development budget of Rs2.5 trillion for the upcoming financial year (2017-18), showing highest-ever increase in the overall national outlay. This included Rs 1001 billion Federal Public Sector Development Programme (PSDP), Rs1112

BOI To Hold Road Shows For Increasing Foreign Investment In Country: BOI

ISLAMABAD, May 8 (APP):The Board of Investment (BOI) on Monday said the government would hold road shows in China ,Singapore and Gulf countries in coming few months aiming at increasing Pakistan’s Foreign Direct Investment. Under its new work plan,BIO would hold road shows in collaboration

China’S First Domestically Produced Passenger Jet Makes Maiden Flight

BEIJING (China) May 5 (APP): China’s first domestically produced single-aisle passenger jet, the C919, successfully made its maiden flight on Friday. After 79 minutes of flying, the C919 landed safely at Shanghai Pudong International Airport, according to official media reports here. With a flying experience

Pakistan’S First Coal, Cement Terminal Begins Operation

KARACHI: Pakistan International Bulk Terminal (PIBT) – the country’s first coal and cement handling facility – started commercial operations at Port Qasim this week with the handling of a cargo vessel that brought 41,000 tons of coal, according to a statement issued on Wednesday. “Motor vessel

Telenor Expects Continuous Broadband Growth In Pakistan

OSLO: Earnings margins in Telenor’s extensive Asian operations have been lifted by the ongoing growth in mobile broadband usage in the region, Chief Executive Sigve Brekke said during the company’s first-quarter earnings presentation on Thursday. “The data growth is giving us a better margin than voice

Rs112M Tax Exemption For Olmt Affected People

LAHORE: The Punjab government has granted an overall tax exemption of Rs112.9 million to people affected by the Lahore Orange Line Metro Train (OLMT) project. Provincial tax authorities, on the orders Punjab Chief Minister Muhammad Shehbaz Sharif, granted the exemption 2,673 persons whose businesses were affected

Made-In-China Passenger Jet Set To Take Wing

SHANGHAI: China is expected this week to conduct the maiden test flight of a home-grown passenger jet built to meet soaring domestic travel demand and challenge the dominance of Boeing and Airbus. The C919, built by state-owned aerospace manufacturer Commercial Aircraft Corporation of China (COMAC), was