Business

Business

ECC approves incentives for LNG users, 570,000 tonnes urea import

ISLAMABAD: The government on Wednesday approved incentives for use of imported liquefied natural gas (LNG) and allowed 570,000 tonnes of…

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Audit gives clean chit to Rs342bn payment to IPPs

ISLAMABAD: An audit has given a clean chit to circular debt payments of Rs342 billion to independent power producers (IPPs),…

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Cement being exported at Rs300 a bag

KARACHI: Manufact­urers have been exporting cement at an average price of Rs300 (excluding local taxes and duties) per 50 kg…

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NBP’s 9-month earnings jump up to Rs12.1 billion

The National Bank of Pakistan (NBP) posted profit-after-tax of Rs12.1 billion in the nine months (January-September) of this calendar year,…

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OGDCL profit plummets over 15% to Rs28.3bn in first quarter

The Oil and Gas Development Company Limited’s (OGDCL) after-tax profit for the first quarter of this fiscal year dropped 15.7…

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Ease of doing business in Pakistan nosedives”: World bank report

Pakistan is ranked 128th out of the 189 countries surveyed for the latest World Bank’s ‘Doing Business’ annual report, a…

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ECC approves incentives for LNG users.

The government yesterday approved incentives for use of imported liquefied natural gas (LNG) and allowed 570,000 tonnes of urea import.…

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‘Islamic bond market set to grow worldwide’

Investments in Islamic bonds known as “sukuk” are set to grow worldwide as financial centres vie to tap an increasing…

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Karachi Stock exchange dips slightly on volatile trading

Stocks rally was halted on Tuesday as the KSE-100 index finished on a minor decline of 13.34 points at 30,225.62,…

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