Business

Business

Oil, gas companies ordered to treat natural gas as LNG

Islamabad: In a surprise development, the Ministry of Petroleum and Natural Resources on Wednesday ordered the oil and gas companies…

5 Min Read

Pakistan to construct dry ports at Torkham, Chaman

Islamabad: Commerce Minister Khurram Dastagir Khan said on Wednesday that Pakistan would construct dry ports at the Torkham and Chaman…

2 Min Read

Stocks recover 139 points on foreign buying

Karachi: Stocks rebo­unded on Wednesday from a two-day sell-off as shares in oil and gas exploration companies and refineries rallied.…

2 Min Read

PTCL quarterly profit tumbles 84pc to Rs716m

Karachi: The Pakistan Telecommunication Company Limited (PTCL) posted a consolidated profit-after-tax of Rs716.4 million during the first quarter (Jan-March) of…

2 Min Read

Services export up 53pc in Feb

Islamabad: Export of services grew by 53.47 per cent year-on-year in February 2015 to $1.022 billion from $665.94 million, the…

1 Min Read

Cement sector seeks cut in FED

Karachi: The government nets up to Rs95 on a 50kg cement bag on account of 5 per cent Federal Excise…

4 Min Read

ADB offers climate change funding

Islamabad: Pakistan is among the six countries of Asia selected by the Asian Development Bank (ADB) to scale up investments…

3 Min Read

Private company blocked from importing 20pc cheaper LNG

Islamabad: Amid legal vacuum surrounding the sale of around 140,000 tonnes of imported liquefied natural gas (LNG) to a few…

6 Min Read

Currency dealers quash panic rumours

Karachi: Though dollar gained a little against the local currency on Tuesday, inching towards Rs102.85 amid reports of its shortage…

3 Min Read