Cherat Packaging’s flexible packaging project to come online by July 2018
LAHORE: A bourse notification filed by Cherat Packaging Limited Monday revealed its flexible packaging project will come online by mid-half of 2018.
In...
China to help Pakistan promote wind energy
BEIJING: Two leading Chinese companies have decided to explore new wind power opportunities in Pakistan.
According to Chinese officials here, Boston-headquartered General Electric Company...
GIDC bill revised, govt to recover arrears from CNG sector in instalments
ISLAMABAD: In a recently held meeting of the Federal Cabinet, Prime Minister Shahid Khaqan Abbasi directed to revise Gas Infrastructure Development Bill...
Procurement of sugar contingent to payment clearance by sugar mills: TCP
KARACHI: The Trade Corporation of Pakistan (TCP) has set the condition that procurement of sugar remains contingent to payment clearance of farmers...
China wants to downgrade status of ML-I from ‘strategic project’
ISLAMABAD: China wants to relegate the status of ML-I from ‘strategic project’, which would change the dynamics of financing for this project,...
Oil prices hold firm, tad below December 2014 highs
SINGAPORE: Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite...
Matco Foods set to become 1st listed company of 2018 on PSX
KARACHI: Matco Foods Limited, one of the country’s leading basmati rice exporters, is later this month planning to raise Rs758 million from...
Explore public-private partnership for RLNG-III project: ECC
ISLAMABAD: The petroleum division has been asked by Economic Coordination Committee (ECC) for financing Rs175 billion RLNG-III pipeline via public-private partnership.
The pipeline...
Indonesia central bank warns over cryptocurrencies
JAKARTA: After China’s complete ban and American Securities and Exchange Commission’s warnings regarding cryptocurrencies, Indonesia’s central bank has issued a fresh warning...
PM inaugurates incubator for KP startups
KARACHI: Pakistan Telecommunication Company Limited (PTCL) and LMKT, an award-winning full-service technology company based out of Islamabad, announced the formal inauguration of...
PIBTL to setup LPG handling facilities at existing terminal site
LAHORE: Â A bourse notification filed by Pakistan International Bulk Terminal Limited (PIBTL) Thursday revealed it has been granted permission by Port Qasim...
Profit margins for oil refiners in Asia dip, as oil prices touch $70 per barrel
SINGAPORE: Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by...
Over Rs10 billion broadband projects launched in remote areas: PM Shahid Khaqan Abbasi
ISLAMABAD: The Universal Service Funds (USF) has awarded more than Rs10 billion Broadband Sustainable Projects to various operators to ensure telecom services...
Oil prices ease from three-year highs
SINGAPORE: Oil prices eased on Friday after hitting their highest levels since December 2014 the previous day.
Despite the dip, analysts said market...
JDW Sugar Mills, four others agree to procure sugarcane crop at govt prices
ISLAMABAD: In an undertaking to the Supreme Court on Thursday, five sugar mills including PTI’s Jahangir Tareen’s JDW Sugar Mills have agreed...