Business
Business
$1.2bn loss in six months due to energy shortage: Aptma
LAHORE: Pakistan’s official international trade figures for the six months from April to September show that the country has lost…
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…
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),…
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…
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,…
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…
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…
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.…
‘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…