No match to China, India

Ever wondered why some fabrics feel smooth as silk to touch while others are abrasive against one’s skin? Ever chose a dress...

“Abracadabra – you, too, are now Pakistan’s best performing CEO”

As with most things in Pakistan even recognition and accolades are controversial. One can argue the more subjective of these awards are...

Oil prices remain unchanged, as markets remain stagnant

SINGAPORE: Oil markets were stable on Monday, hovering around Friday’s levels as a lack of conclusive market indicators prevented prices from swinging...

Pakistan LNG Terminal, MD Azam Soofi reportedly sacked

ISLAMABAD: Pakistan LNG Terminal Limited (PLTL), Managing Director Azam Soofi has been reportedly dismissed from his post on December 15th, by the...

Thar coal cheapest option in the energy supply chain: FPCCI

ISLAMABAD: The Businessmen Panel of the FPCCI on Saturday said Thar coal remains cheapest option for power generation in the energy supply...

Coal’s share to jump to 24 pc in the energy mix: FPCCI

ISLAMABAD: The Businessmen Panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday said commercial production of electricity...

World Bank approves $300 million for modernizing agriculture in Punjab

WASHINGTON: World Bank on Friday gave approval for $300 million funding for modernizing agriculture in Punjab. Under the Strengthening Markets for Agriculture and...

Govt agrees to clearly defined roles for CCI, CCOE

ISLAMABAD: The roles of federal forums Energy, Economic Committees of the Cabinet and Council of Common Interests (CCI) will have clearly defined...

D.G Khan Cement fake acquisition notification creates frenzy among investors

KARACHI: A fake notification which earlier this week made rounds on social media and Whatsapp regarding a Chinese cement company’s interest in acquiring...

KKR to acquire Unilever’s margarine and spreads business for $8.04 billion

THE HAGUE: Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros...

PSO’s receivables balloon to over Rs300 billion

ISLAMABAD: Pakistan State Oil’s financial woes continue as its receivables are said to have swelled over Rs300 billion. The state-owned oil marketing giant is...

Rupee slide allowed wholesalers to earn additional 5pc on their imports

KARACHI: As the dust settles after the pandemonium of rupee’s devaluation, wholesalers who already had paid in advance before the depreciation occurred,...

E&P companies eyeing to tap deposits of oil & gas in KP

ISLAMABAD: Oil and gas Exploration and Production (E&P) companies have intensified their drilling activities to tap recoverable reserves of around Trillion Cubic...

Pakistan’s LNG imports will keep rising, fuel demand to halve by 2020: Report

LAHORE: S&P Global Platts survey of several companies has revealed Pakistan’s rising LNG imports will contribute to fuel demand halving by 2020,...

Oil prices firm, as increasing US output emerges for 2018

SINGAPORE: Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and the ongoing OPEC-led production cuts...