Covid-19: Pakistan to showcase garments at digital global expo

LAHORE: While international textile exhibitions have been cancelled due to countries imposing lockdowns to contain the spread of Covid-19, Pakistan Readymade Garments...

DGPC, exploration companies asked to accept findings of third-party consultants

ISLAMABAD: The Petroleum Division has taken a policy decision to make Director General Petroleum Concession (DGPC) and Exploration and Production (E&P) companies...

Govt to formulate long-term LPG policy: SAPM

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Petroleum Nadeem Babar Monday said on Monday that the government would design a long-term...

Oil falls as virus infections rise, eyes on EU recovery plan

LONDON: Oil prices fell on Monday as coronavirus cases increased in many countries across the globe, but investors remained cautiously optimistic about...

At Amreli steel, things look solid

The steel rebar manufacturer’s steady increase in production will pay off when the construction sector’s big-ticket projects come up.

Survive or Thrive – how CPG companies adapted to C19 lockdown

After the C19 lockdown went into place across Pakistan - including KLI - businesses that depended on brick & mortar locations as a footfall and revenue source had to make a decision - adapt or die? Profit spoke to seven leaders in the CPG space to understand what they did to survive or thrive.

SSGC to supply gas to localities within 5km of gas fields 

ISLAMABAD: The Sui Southern Gas Company (SSGC) would gasify localities and villages falling within a five kilometre (km) radius of gas producing...

DG Audit takes notice of land lease agreement with Shazain Bugti, brothers

ISLAMABAD: The Auditor General of Pakistan has taken notice of alleged land lease agreement of Oil and Gas Development Company Limited (OGDCL)...

PM postpones decision to increase power tariff for K-Electric consumers

ECC had earlier approved Rs2.79 per unit hike in K-Electric's tariff
Hammad Azhar

Pakistan Steel Mills to be run as a joint venture with private sector, says Hammad Azhar

ISLAMABAD: Federal Minister for Industries and Production Muhammad Hamad Azhar on Wednesday rejected rumors regarding privatisation of Pakistan Steel Mills (PSM) and...

KE chief says crisis could have been averted if govt had approved 700MW plant in 2016

KARACHI: K-Electric’s Chief Executive Moonis Alvi on Wednesday said that if the government had approved a new 700MW power plant back in 2016,...

SNGPL seeks federal govt’s help as gas crisis worsens in Punjab 

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has sought federal government's help to resolve the ongoing gas crisis in Punjab, as...

PTCL’s net profit falls to Rs2.7bn in six months

Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom services provider, on Friday, released its financial results for the six months ended...
RLNG plant

OGRA notifies hike in RLNG prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday increased prices of Regasified Liquefied Natural Gas (RLNG) on networks of Sui...

OGRA slashes gas rates by up to 6pc

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Tuesday reduced the price up to 6 per cent for consumers. According to a notification...