Business

Business

PPL makes 5th natural gas discovery in Sindh

Pakistan Petroleum Limited (PPL) yesterday announced to have found another natural gas and condensate reserve in Sanghar district of Sindh.…

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Exports to EU rise a whopping 19pc in 9 months

Pakistan’s exports, mostly of textile products, witnessed an over 19 per cent growth in the first nine months of the…

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WB approves $138m for improvements in Sindh irrigation system

The World Bank has approved US$138 million additional financing to the Sindh Water Sector Improvement Project to further improve efficiency…

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Yield on PIBs cut again

The bonds market got signal for further cut in interest rate, as cut-off yield on Pakistan Investment Bonds (PIBs) was…

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3 new commissioners appointed for SECP, CCP

The finance ministry has appointed three new commissioners at the Securities and Exchange Commission of Pakistan (SECP) and two members…

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Selective trading at cotton market

The cotton market yesterday witnessed selective trading in quality cotton from spinners and exporters. However, ginners were keen to hold…

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Bears firmly in control at KSE

Stocks extended the decline yesterday with the KSE-100 index losing another 209.14 points or 0.68 per cent to close at…

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FTA negotiations with Nigeria

The Ministry of Commerce is working on a proposal for early initiation of negotiations with Nigeria on Free Trade Agreement…

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CPPA seeks Rs2.92 cut per unit in power rates

Going beyond the Prime Minister’s announcement last week, the Central Power Purchase Agency (CPPA) has sought Rs2.92 per unit reduction…

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