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PM needs to prioritize projects for CPEC’s success
Zafar Iqbal Prime Minister Shehbaz Sharif seems to be trying to restore the confidence of China in the China-Pakistan Economic Corridor (CPEC) which was shattered by the…
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NEPRA Imposes a Fine of Rs. 10m on NTDC
NEPRA has imposed another fine of Rs. 10 million on the National Transmission & Despatch Company (NTDC) for its failure to satisfy the Authority in the…
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KE profit dropped by 29% in FY 2022
K-Electric’s net profit has dropped by 29 percent to Rs 8,524 million in FY 2022 as compared to a net profit of PKR 11,998 million during…
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US plans to expand agriculture trade with Pakistan
United States (US) plants to expand trade with Pakistan and announces to provide access to the beef market and help with cotton seed technology. Mr. Donald Blome,…
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AGM approves 5 percent cash dividend of PPL’s shareholders
Pakistan Petroleum Limited (PPL)’s 71st Annual General Meeting approved a 5% cash dividend for shareholders. It held a meeting on October 26, 2022. Members agreed to…
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OGDCL posts net earnings of Rs53.3b in 1QFY23
Pakistan’s largest oil and gas explorer, Oil & Gas Development Company (OGDC), posts net earnings of Rs53.3 billion (EPS Rs12.4) during 1QFY23, up 59% YoY, along…
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KE electricity bills in October 2022 to come down by Rs4.7 per unit
KE electricity bills in October 2022 are likely to come down by Rs 4.7 per unit as the National Electric Power Regulatory Authority (Nepra) indicated on…
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KE allowed increasing power tariff by Rs12.6 per unit
The National Electric Power Regulatory Authority (Nepra) has allowed KE increasing power tariff by Rs 12.68 per unit on account of quarterly adjustments. The power regulator…
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U.S, KMB invest $25m for Women empowerment, microbusinesses
In order to support Pakistan’s leading financial institution, Khushhali Microfinance Bank Ltd. (KMBL), and women-owned businesses, the U.S. government, through the U.S. International Development Finance Corporation…
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Sage Venture buys stakes in IGCF, becomes KE shareholder
Sage Venture Group Limited, a British Virgin Islands-registered special-purpose entity wholly owned by AsiaPak Investments Limited, has acquired controlling interests in IGCF GP and certain limited…