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NHA turns into sick unit, loans exceed Rs 2.2 trillion
Aftab Ahmed The National Highways Authority (NHA) turns into another sick unit and its loans have exceeded Rs 2.2 trillion. The higher loans have made NHA…
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Govt finally cancels Askari Air license
Govt also refuses to refund security deposits Aftab Ahmed The PTI government has finally canceled the license of M/s Askari Air (Pvt) Ltd. The government decides…
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Poor coverage, overbilling: Jazz beats other Telecos again
Aftab Ahmed Jazz Pakistan maintains the top position with half of the complaints against telecom firms relating to its consumers. Pakistan Telecommunication Authority (PTA) has conducted…
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Kerosene oil scam leads to sacking GM PSO
Aftab Ahmed Kerosene oil is a sweet business for dealers. So, it led to the sacking of General Manager Pakistan State Oil (PSO). The new management…
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Saudi Arabia shelves $10 billion oil refinery project
Aftab Ahmed Saudi Arabia has shelved a plan of setting up a refinery worth $10 billion in the oil city of Gwadar Port. Saudi Arabia had…
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7th Sky Entertainment Brings another drama ‘Fitrat’
News Desk The forerunner of the Pakistani entertainment industry, 7th Sky Entertainment, is bringing another exciting project for the viewers, titled ‘Fitrat’. Producers Abdullah Kadwani and…
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Zaidi protests over denying first right to PNSC
Aftab Ahmed The Minister for Maritime Affairs has protested over denying the first right of the Pakistan National Shipping Corporation (PNSC) for shipping imported products. He…
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ECC approves Rs 1000 per bag fertilizer subsidy
Aftab Ahmed The Economic Coordination Committee (ECC) on Thursday approved Rs.1000 per bag subsidy on fertilizer under 50 kg bag. The ECC approved the subsidy under…
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OGRA suspends 5 more OMCs licenses
Aftab Ahmed Small Oil Marketing Companies (OMCs) are under the radar of the regulator. However, multinational companies like Shell and Total have exceptions. The multinational companies…
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FFC records Rs 4.6 billion profit
Fauji Fertilizer Company Limited (FFC) profitability clocked in at Rs4.6 billion 3QCY20. The FFC profitability is up 30% YoY against Rs3.6billion in 2QCY19. As a result,…