Lame duck PML-N govt blocks building third LNG terminal
With competition nipped in the bud, the consumers shall pay the tab
ISLAMABAD:Â The lame duck PML-N government, whose tenure ended on May 31,...
Another fake company loots over Rs240mn from 700 people in GB
ISLAMABAD: Over Rs200 million investment in a suspected online company, Pay Diamond, by as many as 700 people in the Ghizer district...
Pakistan exported record 370,000 tons of Kinnow in 2017-18
ISLAMABAD: Despite the unfavourable circumstances and various obstacles, Pakistan has exported a record 370,000 metric tons of Kinnow this year making it...
NIC Lahore extends application deadline for 2nd batch of startups
LAHORE: The National Incubation Centre (NIC) Lahore is now accepting applications for its 2nd batch of entrepreneurs aiming to make it big...
Ban on Indian fruit/vegetable exports to Middle East could give advantage to Pakistan
The ban on imports of vegetables/fruits from India by Gulf countries could help Pakistan to double its exports to the region, said FPCCI senior vice president Waheed Ahmed
Pakistan LNG imports climb 30 percent YoY in May 2018
-Also, Pakistan’s LNG imports soared by nearly 80 percent on a year-on-year basis (YoY) in April 2018, the second-highest amount ever recorded for a single month
-Balloki power plant passed its combined-cycle run on Monday
Oil prices rebound on expected stockpile drop
OPEC is due to meet in Vienna on June 22 to decide whether the group and non-OPEC members, including Russia, will raise production to ease concerns over potential supply shortfalls from Iran and Venezuela
OGDC, Kufpec to work jointly on global upstream exploration
As per the MoU, Kufpec may give an opportunity to OGDC to participate in joint venture opportunities in its international assets and blocks
Promising eBanking growth witnessed due to rise in economic activity
LAHORE: Although it is riddled with debt and inflation, Pakistan's economy is growing in terms of financial and economic activity. Rapid advances...
Urea sales dipped 8 percent YoY in May 2018
Urea sales in the period under review touched 480,000 tons, dipping 8 percent year-on-year (YoY), taking five months sales of the commodity to 2.1 million tons, up by 28 percent
Fuel sales climb 31 percent in May
In the first eleven months of FY 2018-18, HSD sales rose 7 percent, touching 8.407 million tons
Ogra launches new tariff regime for SSGC, SNGPL
The new revised tariffs regime would see the fixed rate used to determine the rate of return on assets and profitability be changed with a weighted average cost of capital (WACC)
With conditions improving, investment to grow at 17.2pc of GDP
ISLAMABAD: With an overall improvement in the economic environment of Pakistan, investment is expected to grow at 17.2 per cent of the...
Capacity utilisation in cement reaches all time high at 95pc
KARACHI: With fifteen days of fasting falling in the month of May, cement consumption has slightly been affected as domestic despatches have...
Market Daily: KSE 100 starts positive, increases by 381.10 points
LAHORE:Â The Pakistan Stock Exchange (PSX) marked a positive beginning to the week. The weekend brought in the news of a smooth transfer...