The US launches an initiative to increase bilateral trade between the United States and Pakistan. U.S. Ambassador Donald Blome and Pakistan’s Minister of State for Finance and Revenue, Dr. Ayesha Ghaus Pasha, officially launched a U.S. government-led programme to expand bilateral trade between the two countries in recognition of Global Entrepreneurship Week. With room for…
Sui Southern Gas Company’s plant has started residential gas meters manufacturing. SSGC’s Chairperson Dr. Shamshad Akhtar inaugurated a new assembly line for measuring units of G-4 Gallus residential gas meters. The gas utility’s Meter Manufacturing Plant (MMP) is South East Asia’s only one of its kind located inside the Head Office compound. SSGC’s MMP started…
The ECC authorized a maximum cap of US$ 16.75/BBL for diesel imports for the month of November 2022, to enable OMCs other than PSO to import diesel. Senator Mohammad Ishaq Dar, who is the Federal Minister for Finance and Revenue, was in charge of the meeting of the Economic Coordination Committee (ECC) at the Finance…
The consumers of KPK and Punjab provinces should be ready to face an increase in gas bills. Sui Northern Gas Pipeline Limited (SNGPL) has requested a significant increase in gas prices in order to make up for a revenue shortfall, which will result in higher gas prices for consumers in Punjab and KPK. According to…
Pakistan car sales in October 2022 totaled 15000 units, a 20% increase month over month, owing primarily to the availability of CKD parts. It also included sales of Non-PAMA members which clocked in at 15000 units up 20% MoM primarily due to the availability of CKD parts which led to lower nonproduction days in Oct-2022…
The consumers are going to enjoy relief of Rs 5.12 per unit in KE electricity bills in November 2022 on account of fuel adjustment for the month of September 2022. The National Electric Power Regulatory Authority (Nepra) decided on Friday to lower the electricity rate for K-Electric (KE) customers by Rs 5.12 per unit due…
Technology promises new inventions day after day to make lives easier. Now, Garmin is going to bring revolution in your life when you would not be worried more about charging your watch after using one or two days. Garmin-the fitness watchmaker has announced now a new Solar-Powered Watch which Promises 70-Day Battery Life. So, this…
The consumers will be going to pay Rs 0.51 per unit additional in KE electricity bills in December 2022 on account of quarterly adjustments. The National Electric Power Regulatory Authority (Nepra) on Tuesday approved a quarterly adjustment fee of Rs 0.51 per unit for K-Electric (KE) customers. Previously, the power regulator permitted K-Electric (KE) to…
The Oil Companies Advisory Council (OCAC) has reported increasing sales trends for fuel products in Pakistan for the month of November 2022. The high sales trend is primarily driven by the ongoing agriculture season and escalating pace of infrastructure rehabilitation by the Government in flood-stricken areas. The international market has been volatile since February 2022…
ECC on Friday allowed a premium on HSD subject to a maximum capping at US$ 15/BBL for importing OMCs for the months of November and December 2022. ECC allowed increasing the petroleum levy from Rs 30 up to Rs. 50 per liter on RON 95 and above, with effect from November 16, 2022. It also…