Govt sets LPG price at Rs900 per domestic cylinder
Oil and Gas Regulatory Authority (OGRA) has fixed LPG price for the domestic cylinder at Rs900 and directed LPG Marketing Companies to...
Pakistan imposes upto 41pc anti-dumping duty on Chinese steel products
The National Tariff Commission (NTC) has imposed definitive anti-dumping duties ranging from 6 to 41 percent on galvanised steel coils/sheets for a...
EFERT’s net profits decline by 40pc
Engro Fertilizers Limited’s net profit decreased by 40 percent during 2016, according to a notification sent to the Pakistan Stock Exchange on...
High provision charges cause MCB’s results to fall below expectations
Muslim Commercial Bank (MCB) has posted consolidated Net Profit after Tax (NPAT) of Rs 22.1 billion for the CY16. This is 11.4...
Govt inaugurates incubation centre in collaboration with Jazz to encourage tech startups
The government inaugurated the national incubation centre in collaboration with Jazz – the new brand name after the merger of Mobilink and...
Pakistan and ADB sign agreement worth $325 m for clean energy
Pakistan and Asian Development Bank (ADB) have inked a loan agreement worth $325 million to improve facilities in education and health sectors...
Pakistan all set for its third LNG terminal at Port Qasim
Pakistan is all set for the completion of its third terminal that will have a capacity of 750 million cubic feet per...
Bypassing SBP-Malik Riaz of Bahria Town to acquire Escorts bank
Malik Riaz of Bahria Town is all set to purchase 71% shares of Escorts Investment Bank Limited (EIBL) along with its management...
Company’s Bill 2016 approved by the National Assembly
The Companies Bill, 2016 was among three bills that the lower house passed when it met on Monday after a two-day break....
Zong to invest $200m in Pakistan
China Mobile Pakistan (Zong) has announced its plan of further investing $200 million in the country, in order to expand its coverage...
3 LNG Power plant privatisation plans meet constitutional challenges
The government’s plan to privatise three under-construction LNG-fired power plants on a fast-track basis has met constitutional challenges by the Council of...
OGRA grants license to 21 OMCs in six months
ISLAMABAD: Although the Oil and Gas Regulatory Authority (OGRA) has failed to make the licensed oil marketing companies (OMCs) comply with the...
PSO earns Rs 10.015bn profit despite circular debt of Rs 268bn
Report says the profit of PSO is in line with the expectations
Power sector, PIA among the biggest defaulters of PSO
Pakistan...
Kashmir’s most valuable resource burning to ashes
“Your children and the generations to come will curse you for wasting Diyaar so ruthlessly,” rebukes a middle-aged man to Siddiq, the...
Money well spent?
When they first came into office, the Nawaz Administration’s pronouncements on the textile industry were a libertarian’s dream come true. Commerce Minister...