Oil prices pressured by oversupply, global economic concerns
International Brent crude oil futures were at $60.33 per barrel at 0423 GMT, up 5 cents, or 0.08 percent, from their last close
Price of imported urea may be fixed at Rs1,660 per bag: Report
The sources stated the non-availability of imported urea was contributing to rising shortage and NFML wasn’t heeding to the ECC directive given last Wednesday calling for the sale of imported urea
PM directs secretary to resolve K-Electric’s NSC issue: Report
Also, there is a disagreement between the government and K-Electric over the power utility’s liabilities, which was creating an obstacle to the transfer of 66.4% stake to SEP
Engro’s Rs60 billion question
How the conglomerate will deploy this capital over the next few years will define its future for the next generation – and possibly that of Pakistan
In a market dominated by Toyotas and Suzukis, a Porsche dealership thrives in Lahore
Demand for luxury car in Pakistan is rising, and would rise faster if the government changed its import regulations, says Abuzar Bokhari
LPG price increases amid gas shortage in Sindh
KARACHI: The price of liquefied petroleum gas (LPG) went up on Saturday as most of Sindh continued to experience the shortage of natural gas.
As...
PIA reduces fares for int’l flights
Pakistan International Airlines (PIA), the country’s flagship carrier, on Saturday slashed its fares for a limited time on international flights on the...
Boeing opens first 737 plant in China amid US-Sino trade war
ZHOUSHAN:Â Boeing opened its first 737 completion plant in China on Saturday, a strategic investment aimed at building a sales lead over arch-rival...
Gas supply to Lahore increased by 20mmcfd
LAHORE:Â Gas supply for Lahore region has been increased by the Sui Northern Gas Pipeline Limited (SNGPL) and an additional supply of 20...
‘Radio Pakistan receives Rs5.4bn but earns only Rs200m’
Info minister says govt plans to run the affairs of both PTV and Radio Pakistan through one board of directors
ISLAMABAD:Â Disclosing a...
PIA debt exceeds Rs247bn
The debt accumulated by the Pakistan International Airlines has exceeded Rs247 billion, according to media reports on Friday.
The Aviation Division informed the...
Pakistan seeks $2bn worth LNG from Qatar on deferred payment
ISLAMABAD:Â Pakistan is mulling to bring Liquefied Natural Gas (LNG) worth $2 billion from Qatar on a one-year deferred payment and negotiations in...
Govt to help local furniture manufacturers enhance their exports
LAHORE: Noting that Pakistani handmade furniture products have the potential to capture the world market, Punjab Governor Ch Muhammad Sarwar on Friday...
Asian LNG prices snap three-week losing streak as winter kicks in
Spot prices for January delivery edged up about 10 cents to around $8.90 per million British thermal units (mmBtu)
Pakistan receives second $1bn Saudi tranche
Earlier, the State Bank of Pakistan (SBP) in November had received $1 billion from Saudi Arabia.