Pakistan’s exports to Russia rose by 10pc in June 2017
Islamabad: Pakistan's exports to Russia increased by 10 percent in June, 2017 as compared to May 2017, which showed positive sign for enhancing...
Byco Petroleum reports Rs1.9bn gross profit for FY19
Byco Petroleum Pakistan Ltd (BPPL), the country's leading oil company, has announced its financial results for the year ended 30 June 2019.
The...
A bad first day at PSX for Roshan Packages Limited
Trading of Roshan Packages Limited (RPL) commenced today at an opening price of Rs.86.25. Against market expectations, the stock closed at Rs...
PIAF rejects hike in oil prices
LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) Chairman Irfan Iqbal Sheikh has condemned the government for increasing prices of petroleum products...
Urea inventory falls to five year low as crisis looms
LAHORE: Pakistan’s urea inventory was recorded at 86,155 tons at the end of July this year, reaching a five‐year low of around 105,000...
Shipping agents defend charges after KPT Chairman’s critique
Uniform charges cannot be implemented due to concerns about cartelisation: PSAA
ECC may permit gas utilities to raise Rs175b loan from commercial banks for laying new pipeline
Islamabad: State owned gas utilities are expected to be granted permission to raise Rs175b from commercial banks for the installation of a...
2015-16 gas consumption and production figures released by OGRA
According to a report published by Oil and Gas Regulatory Authority (OGRA), Balochistan produced 17pc of the total natural gas in the country;...
Bill allowing U.S. to sue OPEC drawing renewed interest
Saudi Arabia, the world’s top oil exporter, is worried that NOPEC could turn into another Justice Against Sponsors of Terrorism Act (JASTA) law, which allows victims of the Sept. 11 attacks in the United States to sue Riyadh
Pakistan climbs upto 68th position on World bank LPI
In the wake of recent development in Pakistan under the China-Pakistan Economic Corridor (CPEC) initiative, the World Bank, in its latest...
Food industry suffers amid centre, provinces tussle
ISLAMABAD: The creation of various food authorities and subsequent enforcement of different laws by provinces have started impacting interprovincial trade across the country.
As...
Global oil prices inch upwards for third straight day, as 2018 outlook looks unpredictable
Singapore: Oil prices edged up on Wednesday, rising for a third day, on signs that markets are gradually tightening after years of...
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
Askari Bank Limited appoints new President, Chief Executive
LAHORE: The Board of Directors of Askari Bank Limited has appointed Abid Sattar as
President and Chief Executive of Askari Bank, subject to...
Noor Financial to divest 5.96% stake in Meezan Bank
In August, according to a notice filed on the exchange, Meezan Bank Limited announced that Noor Financial Investment divested 0.85% of its shareholding