Business
Business
Government refuses approval of spot LNG purchase
The federal government has refused to give its stamp of approval to spot purchase of liquefied natural gas (LNG) from…
Severe milk shortage in Karachi
A severe milk shortage has emerged in Pakistan’s financial hub as dairy shops in the city have closed over disagreements…
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…