Vietnam urges better trade relations with Pakistan

Vietnamese Embassy to provide support for linking Pakistani enterprises with partners in their country for doing business

Russian sanctions shift oil price-making power to Asia from Europe

MOSCOW: Western sanctions on Russian and Iranian oil have channelled cheap fuel to Asia and in the process eroded a decades-long trend...

Maple expands in midst of big year for cement 

MLCF now has more than 15% shareholding in Pioneer Cement

Crude oil prices slide $4 as collapse of Silicon Valley Bank spurs fears of crisis

HOUSTON: Oil prices fell $4 on Monday along with equities as the collapse of Silicon Valley Bank raised fears of a fresh financial...

Signature Bank becomes next casualty of banking turmoil after SVB

State regulators closed New York-based Signature Bank (SBNY.O) on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered...

FIA clears six names in Hascol scam. But on what grounds?

Re-investigation has given a clean chit to six persons including a close companion of Ishaq Dar. 

Power consumers to pay additional Rs 14.24/unit

New surcharge will be added to consumer bills on account of deferred FCA

The PSO debt spiral continues

The latest financial reports published by the state owned oil giant have again raised concerns about the company’s financial health. The results...

India’s fuel demand hits 24-year high

India’s fuel demand hit its highest level in at least 24 years in February, data showed on Thursday, with industrial activity in...

Mari Petroleum successfully completes commissioning of facility in Daharki, Sindh

Plant beats pre-production gas estimation by producing 95 MSCFD gas to SNGPL

Power tariff for Karachi to be raised

ISLAMABAD: The Ministry of Energy (Power Division) decided to jack up the power tariff by Rs 4.76 per unit for K-Electric consumers...

Karachi Electric: Financial misstatements?

The name of the electric company has been making the rounds in several newspapers after a former board member wrote a letter to the Pakistan Stock Exchange (PSX) concerning Karachi electric. In response the company has initiated a case against the former for defamation

How the LC issue crippled Pakistan’s textile industry

And why our businesses need to develop more foresight if they wish to operate in Pakistan

Sedative Electricity Reforms

The current electricity strategy pursued by the Government under the garb of reforms is not in the best interest of the sector....

Pakistan’s most successful designer brand is in trouble. But why?

With Élan looking for investors to come in and inject equity, we look back at how Khadijah Shah made and possibly broke her fashion empire