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PVC price increased by USD80 to USD1,400 per ton
PVC prices increased by USD80 per ton to USD1,400 per ton as US companies declared Force majeure. Westlake & Axiall declared FM on the supplies of…
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NayaPay receives an EMI licence from SBP
After a year-long pilot and examination by the State Bank, NayaPay has received commercial approval to operate as Pakistan’s first electronic money institution. NayaPay is a…
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Govt reduces petrol price by Rs 1.5 per liter
News Desk The government has slashed the price of petrol today by Rs 1.50 per liter effective from September 1, 2021. The government has slashed the…
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Pakistani companies win offshore block in UAE
United Arab Emirates (UAE) has formally awarded the offshore block to Pakistani companies for crude oil and gas exploration. In a notice sent to Pakistan Stock…
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Likee Team Winners appear on a popular talk show
Likee is one of Pakistan’s leading short video-sharing platforms. It has recently declared the winners of its Likee Team contest. Out of ten members, its six-team members…
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Samsung Mobile to start mobile manufacturing: Khusro
M/s Samsung Mobile is going to start local manufacturing shortly, said the industries minister. Mobile Device Manufacturing Policy Industries minister Khusro Bakhtiar said in a press…
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Philip Morris records Rs 1.7b profit in six months
Islamabad: Philip Morris (Pakistan) Limited (Company) posted a Profit after Tax of PKR 1,720 million for the six months ended June 30, 2021. Philip Morris products…
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Mari Petroleum profit up by 3.37% in FY 2021
Due to a significant reduction in development and prospecting cost, Mari Petroleum company’s earnings after tax increased 3.73 percent to Rs31.4 billion in the fiscal year…
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Pakistan Stock Exchange: KSE 100 index down 273 points
Bears retained their ground on Thursday, dragging the KSE-100 index down 273 points. A dearth of bullish triggers prevented the market from making gains, resulting in…
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CCoE approves IGCEP with major focus on clean energy
News Desk Islamabad: Cabinet committee on energy (CCoE) on Thursday approved the Indicative Generation Capacity Expansion Plan – known as IGCEP 2021-30 which puts a major…