Business
Business
NAB probing LNG terminal contract, admits ETPL chief
The new chief of Elengy Terminal Pakistan Limited (ETPL), a wholly owned subsidiary of a private company, Engro Corporation, has…
Red Day:KSE-100 plunges over 1,000 points in intra-day trading
The Karachi Stock Exchange (KSE) plunged over 1,000 points during intra-day trading earlier today, with investors at the Pakistani bourse…
Privatisation: Answer to government’s prayer
Pakistan and Saudi Arabia-based Mansour Al Mosaid Group recently signed a share purchase agreement for 1.760 million shares, or 88%…
Tariff hike not enough for gas utilities
Islamabad: The hike in gas prices came as an unpopular move, but was meant to reduce the burden on gas utilities…
A story of recovery after years of frozen growth
Karachi: Pak Elektron Limited (PEL), the popular brand behind home appliances, has been around since the 1950s. Acquired by a branch…
Govt all set to increase gas prices to appease WB
The government has signed 70 supplemental agreements with oil and gas exploration companies that cover around 94 leases and also…
ECC orders ban on export of donkey hides
The Economic Coordination Committee (ECC) of the Cabinet earlier today banned export of donkey hides till the time when a…
Cargo Handlers Strike Part II: Prolonged standoff feared
A strike by freight forwarders and air cargo agents is piling up cargo containers at the country’s main port as…
$1b loan wanted: Pakistan acts to appease lenders
Pakistan and a 3 international lenders are slowly looking to bridge a trust deficit after both sides softened their positions,…