SECP registered 1,060 new companies in November
Around 72 percent of companies were registered as private limited companies, while around 26 percent were registered as single member companies
German companies keen to invest in Pakistan’s IT, auto sectors: Envoy
German giants like Volkswagen and Siemens have shown their desire to invest in Pakistan
Asia oil and LNG markets are both swamped, so why are prices poles apart?
Oil markets moved from backwardation in October into contango from November due to an emerging glut & LNG markets are also clotted, with several tankers storing the fuel sitting off the region’s energy trading hub of Singapore
OPEC yet to agree final deal as Iran seeks exemptions: sources
VIENNA: Iran appears to be the main obstacle for an OPEC oil output deal on Friday as the group’s leader Saudi Arabia...
GE’s push to fix power turbine problem goes global
GE is setting aside $480 million to repair its 9HA, 7HA and 9FB model turbines as it restructures its power business
E&P entities made 13 oil and gas discoveries in past four months
Oil and Gas Regulatory Authority had given permission to gas companies to issue 0.3 million gas connections for the current years against the demand of 0.6 million
Asian shares rise on Wall Street gains amid trade friction
Japan’s benchmark Nikkei 225 added 0.1 percent to 21,524.02, and Australia’s S&P/ASX 200 gained 0.5 percent to 5,685.50 in early trading
Oil drops as OPEC makes supply cut dependent on Russian support
Oil producers have been hit by a 30 percent plunge in crude prices since October as supply surges just as the demand outlook weakens amid a global economic slowdown
IMF calls for further adjustments in exchange rate and monetary policy
The IMF called for 22% further hike in power tariff to address the problem of circular debt
China to welcome Pakistan for collaboration in aerospace industry
BEIJING:Â China will welcome Pakistan for joint collaboration to find a prominent place in the global aerospace industry, officials said on Thursday.
The two...
Federal cabinet approves uninterrupted, subsidised gas for export industry
ISLAMABAD:Â Contrary to the decision of the apex court, the federal cabinet on Thursday approved approximately Rs25 billion worth subsidy for uninterrupted supply...
Telenor becomes Pakistan’s first 4.5G network
ISLAMABAD:Â Yet another industry-first for Telenor Pakistan as it launches cutting-edge 4.5G technology in Karachi, Lahore, Rawalpindi and Islamabad, showing unrelenting commitment to...
Global cement demand forecast to grow 1.5pc in 2019 Â
ZURICH: Global demand for cement is seen growing by 1.5 per cent next year, said World Cement Association, as economic risks and...
SECP stresses need to connect microfinance sector with capital markets
KARACHI:Â It is imperative to connect the microfinance sector with the capital markets so that the sector could meet its growth trajectory and...
Govt to facilitate local construction industries for economic revival
CAP requests planning minister to establish a Construction and Infrastructure Development BoardÂ
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has underlined...