Business
ECC okays LNG gas price deal between PLL and KE
News Report The economic Coordination Committee (ECC) has approved the RNGL sale price for PLL’s supply to K-Electric (KE). PLL will supply LNG to K-Electric (KE)…
Business
Business
SBP imposes Rs 58m fine on top five banks
Aftab Ahmed Islamabad: Pakistan’s banking regulator—SBP—has cumulatively fined Rs 58 million for violating regulatory instructions pertaining to general banking operations, said an official order of the…
Business
Market Review: KSE 100 Index up to settle at 45,910
News Report KSE 100 index largely remained in the positive session during the trading session on Friday to settle at 45,910 level up by 0.10%. The…
Business
Railways link to PIBT Terminal: Body formed to workout Plan
Ibn-e-Ameer The government has formed a high-level committee to work out a feasible plan for a new rail link from the PIBT terminal to the Pakistan…
Business
Urea price declined to Rs 1850 per bag in Pakistan
News Report Urea’s price in Pakistan has declined to Rs 1850 per bag close to the prescribed level of Rs 1,768 per bag as PBS data…
Business
Auto sales in Pakistan up by 46% in Dec 2021
News Report Auto sales in Pakistan have jumped 46% month on a month (MoM) basis in December 2021. Sales of auto in Pakistan including cars, LCVs,…
Business
PIBTL Cargo handling declined by 39.5% YoY in 2QFY22
News Report PIBTL’s cargo handling declined by 39.5/35.8% YoY/QoQ in 2QFY22 to 1.79mn tons as compared to 2.95mn tons in 2QFY21. PIBTL handled 1.79mn tons…
Business
Govt shares urea fertilizer management plan for 2022
The government has shared a urea fertilizer management plan in Pakistan that focuses on smooth supply to the farmers for crops in 2022. The plan reveals…
Business
Circular Debt in Gas Sector Swells to Rs 1.3 Trillion
Government suspends gas supply to captive power plants (CPPs) due to rising circular debt in the gas sector Islamabad: The circular debt in the gas sector…
Business
SSGC refuses to give NOC for revival of Pakistan Steel Mills
Ibn-e-Ameer Islamabad: Sui Southern Gas Company (SSGC) has refused to give a No Objection Certificate (NOC) to the government for the revival of Pakistan Steel…