OGDCL begins commercial production from two newly discovered wells
ISLAMABAD: Oil and Gas Development Company (OGDCL) on Thursday announced that it has started commercial production of gas from two newly discovered...
SBP reserves surge $1.27bn to $11.23bn
--SBP received $2.05bn in official inflows last week
--Reserves calculated after taking into account external debt payments of $809m
KARACHI: The net foreign exchange...
PM announces establishment of 15 national parks
Imran Khan launches 'Protected Area Initiative', wherein the coverage of protected areas will be enhanced to 15pc of the country's overall land area
China to install phytosanitary facilities, build agriculture institutes in Pakistan
ISLAMABAD: China will help Pakistan install phytosanitary facilities to boost the country’s fruit export, besides building vocational and technical agriculture institutions for...
PSX sets up Rs10m fund for martyred security personnel
Sindh CM and a private security firm also announce financial assistance for families
Govt decides against privatisation of PIA’s Roosevelt Hotel
ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) on Thursday decided that Roosevelt Hotel in New York, a property of Pakistan International Airlines...
Oil product demand growth will never recover to pre-Covid levels: Citi
'Oil prices are likely to fluctuate between $45 and $60 a barrel in the long term'
TDAP refuses to issue permits to jewellery exporters
ISLAMABAD: The Trade Development Authority of Pakistan (TDAP) has refused to issue permits to jewellery exporters who have been unable to manage...
Pakistan’s exports decline 6.8pc YoY in June
Commerce ministry terms the single-digit reduction in June as a 'sign of recovery', as exports had declined 54pc and 33pc in April and May
Tax experts laud FBR for exceeding revenue collection target by Rs92bn
LAHORE: The country's leading tax experts have lauded the Federal Board of Revenue (FBR) for exceeding the FY20 revenue collection target of...
Stocks post modest gains amid volatile activity
KSE-100 fails to capitalise on gains accumulated in early trade, closes higher by 88.77 points at 34,978.18
OICCI elects Shell CEO Haroon Rashid as president
KARACHI: Shell Pakistan Limited Chief Executive Officer (CEO) Haroon Rashid has been elected as the Overseas Investors Chamber of Commerce and Industry’s...
‘Askari Airline not to take off anytime soon’
Official says the airline won't be able to commence operations this year as it currently lacks the required infrastructure
Replace or convert Rs40,000 bonds by Dec 31: SBP
KARACHI: The deadline for the replacement or conversion of Rs40,000 national prize bonds has been extended to December 31, according to a...
Systems Limited appoints Asif Akram as chief operating officer
LAHORE: Systems Limited, Pakistan’s premier software technology and Information Technology (IT) services company has announced the appointment of Asif Akram as its...