By NewzTodays Editorial Team | March 26, 2021

Aftab Ahmed The Cabinet Committee on Privatization (CCoP) has directed to complete the divestment process of 18.39 percent shares in Mari Petroleum Co.Ltd (MPCL) within the stipulated time. Sources told Newztodays.com that the cabinet body had taken up the matter of divestment of government’s shares in its recent meeting. In Mari Petroleum, the government holds…

By NewzTodays Editorial Team | March 25, 2021

Aftab Ahmed Pakistan Telecommunication Company Limited (PTCL) has announced to increase call rates effective from April 1, 2021. PTCL, Ufone snubbed over poor performance The PTCL has notified new rates for the calls. This is to notify you that PTCL is revising its call charges effective from April 1, 2021, for calls to PTCL from…

By NewzTodays Editorial Team | March 25, 2021

CEO PITC confirms but rules out breach of any data Aftab Ahmed Indian hackers hacked the dashboard of Power Information Technology Company (PITC), a subsidiary of the Ministry of Power Division. However, PITC authorities claim they had taken timely measures to counter the Indian hackers, and the PM office directed NITB to take its control….

By NewzTodays Editorial Team | March 24, 2021

Aftab Ahmed The Petroleum Division has opposed divesting shares of two state-run companies-Pakistan Petroleum Limited (PPL) and Oil and Gas Development Company Limited (OGDCL) through a public offering. The cabinet has already decided to divest shares of PPL and OGDCL through a public offering. The federal government in August last year had approved to offload…

By NewzTodays Editorial Team | March 18, 2021

The margins of PVC reached 1,560 US ton on March 17, 2021, after aggressive buying by Asian producers. PVC margin reached a historical high of USD1,025 per ton on 18th March 2021 as PVC prices increased to USD1,560 per ton while Ethylene prices declined to USD1,070 per ton. Possible hard product availability and strong PVC…

By NewzTodays Editorial Team | March 16, 2021

Aftab Ahmed The Securities and Exchange Commission (SECP) has warned about fraudulent schemes of entity ‘All Pakistan Projects’ In case of All Pakistan Projects”, SECP has noted that the entity is offering lucrative investment packages through its website (https://allpakistanprojects.com/).This also includes APP Shopping Mall. It has informed that the entity has no registration with the…

By NewzTodays Editorial Team | March 16, 2021

Aftab Ahmed Islamabad: PVC-Ethylene margin continues rising as it rose 3% week on week (WoW) to USS803 per ton hitting a three-week high. Margin expanded on the back of a 2%WoW rise in PVC prices, currently hovering at US$1,380/ton driven by a global supply shortage and bullish trend in crude oil prices. While Ethylene prices…

By NewzTodays Editorial Team | March 12, 2021

The country has received $671 million from over 100 countries in Roshan Digital Accounts (RDAs) from overseas Pakistanis. The deposits stood at $480 million till February 13 this year. In a tweet, the State Bank of Pakistan (SBP) said that overseas Pakistanis had opened Roshan Digital Accounts from over 100 countries around the world. It…

By NewzTodays Editorial Team | March 10, 2021

Aftab Ahmed Three Telecom companies have started trial production of mobile phones in Pakistan. M/s VIVO, M/s Airlink Communications, M/s Inovi Telecom are amongst the new investors in the local assembly of mobile phones, who have already started their trial production in February 2021. The combined capacity of these three companies is more than 1…

By NewzTodays Editorial Team | March 10, 2021

A group of hackers has claimed to access about 150,000 security cameras, including in prisons, hospitals, and even the Tesla factory. The intruders say they found a login and password in a “super admin” account online. According to a Bloomberg report on Tuesday, the hackers targeted Silicon Valley security firm Verkada, which sells surveillance cameras that…