HeadlinesMajority shareholder to acquire Johnson & Phillips
PSX approves the acquisition price for the company's shares at Rs 160 per share
Jan 29, 2024
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HeadlinesPakistan Refinery announces shutdown for 38 days
Maintenance and inspection turnaround starting from January 30
Jan 29, 2024
HeadlinesSBP levies fines on 10 banks for regulatory violations
SBP has directed all implicated banks to promptly address the identified issues and conduct internal inquiries regarding regulatory violations
Jan 29, 2024
HeadlinesPakistan eyes $5bn IT exports with smartphone production: Umar Saif
IT minister mentions that licenses have been granted to 35 companies to assemble smartphones for various brands
Jan 29, 2024
HeadlinesSBP maintains policy rate at 22% amidst elevated inflation
Inflation remains high with projections for FY2023-24 between 23-25%, says SBP governor
Jan 29, 2024
HeadlinesCotton prices soar 27% in one month amidst supply constraints
Currently, prices stand at Rs18,500 to Rs21,000 per maund in Sindh and Rs19,000 to Rs21,000 per maund in Punjab
Jan 29, 2024
HeadlinesSNGPL opposes allocating 50% of gas discoveries to third parties, stresses ‘level playing field’
Company expresses concerns that half share to third parties may lead to market arbitrage and imperfections
Jan 29, 2024
HeadlinesPSX closes in red zone as KSE-100 drops over 1000 points
Selling pressure in the stock market persists across all sectors amid uncertainty over energy circular debt and monetary policy
Jan 29, 2024
World Business NewsOil prices surge after drone attack on U.S. forces in Jordan
The prospect of heightened tensions with Iran further adds concerns about potential disruptions in regional energy supply
Jan 29, 2024
HeadlinesIran extends IP gas line project deadline by 180 days, warns of international arbitration
Signed in 2009 for a 25-year duration under French law, the Gas Sales Purchase Agreement has faced challenges in materializing
Jan 29, 2024
EconomyCaretaker Finance Minister urges doubling Tax-to-GDP ratio for development goals
Customs reform urgency stressed by Finance Minister at World Customs Day event
Jan 27, 2024
HeadlinesOGRA proposes 41% surge in gas prices, govt approval pending
Economic fallout feared as OGRA seeks approval for 41% gas price hike
Jan 27, 2024