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Cabinet body directs Mari’s shares divestment
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…
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PTCL hikes call rates from April
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…
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Indians hack power division subsidiary firm PITC
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…
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PD opposes divestment of OGDC, PPL’s shares
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…
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PVC margins cross benchmark of $1,000 per ton
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…
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SECP warns of ‘All Pakistan Projects’ fraudulent schemes
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…
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PVC margins up by 3%
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…
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$671m received through Roshan Digital Accounts
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…
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Local mobile production starts in Pakistan
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…
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Hackers breach 150,000 security cameras
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…