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Print - 2017-10-27
Sterling slips against dollar
Currency

Sterling slips against dollar

The British pound skidded against the dollar on Thursday, reversing earlier gains as confidence inspired by stronger-than-expected growth results was replaced by caution over the likelihood of an interest rate hike next week. While the European Central Ba
Published 27 Oct, 2017 12:00am
Euro rises in Asia

Euro rises in Asia

The euro inched higher on Thursday as investors awaited details of the European Central Bank's plans for scaling back its bond- buying programme, while the dollar took a breather after its recent rally. The euro inched up 0.1 percent to $1.1824, having ed
Published 27 Oct, 2017 12:00am
Euro falls in Europe as ECB curbs bond-buying
Currency

Euro falls in Europe as ECB curbs bond-buying

The euro fell half a percent on Thursday as investors took profits after the European Central Bank said it would extend its bond purchases at a reduced rate on Thursday, as widely expected. The ECB said it would cut asset purchases to 30 billion euro from
Published 27 Oct, 2017 12:00am
Euro falls in Europe as ECB curbs bond-buying
Currency

Euro falls in Europe as ECB curbs bond-buying

The euro fell half a percent on Thursday as investors took profits after the European Central Bank said it would extend its bond purchases at a reduced rate on Thursday, as widely expected. The ECB said it would cut asset purchases to 30 billion euro from
Published 27 Oct, 2017 12:00am
Dollar stalls broadly in New York

Dollar stalls broadly in New York

The dollar slipped on Wednesday against a basket of currencies, struggling to post further gains tied to speculation the next chair of the US Federal Reserve will steer policy in a more hawkish direction. A pullback in US bond yields, with two-year Treasu
Published 27 Oct, 2017 12:00am
Sri Lankan rupee up
Currency

Sri Lankan rupee up

The Sri Lankan rupee closed higher on Thursday, as exporter dollar sales surpassed demand for the US currency from importers, dealers said. The spot rupee, which traded at 153.90 per dollar during the day, closed at 153.55/65, firmer from Wednesday's clos
Published 27 Oct, 2017 12:00am
Asian currencies higher

Asian currencies higher

Asian currencies firmed against the dollar on Thursday, tracking gains in the euro ahead of the European Central Bank's decision at which it is expected to shift away from its accommodative monetary policy. With the euro zone's economic recovery now into
Published 27 Oct, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 80.85-80.85 (previous 80.85-80.85).
Published 27 Oct, 2017 12:00am
Bridge is not a sport, EU court rules

Bridge is not a sport, EU court rules

The game of bridge may flex the intellectual muscles but the EU's top court ruled on Thursday that it is not a sport because it involves "negligible" physical activity. Beloved by seniors and requiring a sharp memory, a keen analytical brain and near tele
Published 27 Oct, 2017 12:00am
Aussie, kiwi at multi-month lows

Aussie, kiwi at multi-month lows

The Australian dollar hovered around 3-1/2 month lows on Thursday in the wake of slower-than-expected inflation data, while its New Zealand cousin paused near a five-month trough as Jacinda Ardern was sworn in as Prime Minister. The Aussie dollar had stea
Published 27 Oct, 2017 12:00am
Millat Tractors Governors Cup Golf begins

Millat Tractors Governors Cup Golf begins

A three-day 34th 'Millat Tractors Governors Cup Golf Tournament' will be contested from 27th October to 29th October, here at the Lahore Gymkhana Golf Course. This was stated by Shaukat Javed, Convenor Golf of Lahore Gymkhana in a press conference attende
Published 27 Oct, 2017 12:00am
Sherwood in main final of Polo in Pink

Sherwood in main final of Polo in Pink

Sherwood qualified for the main final of the Shaukat Khanum Cancer Hospital-sponsored Polo in Pink 2017 tournament while Total Nutrition made way for the subsidiary final after registering contrastive victories in their respective matches played here at t
Published 27 Oct, 2017 12:00am
Peshawar Eagle win 5-A-side Super League Hockey trophy

Peshawar Eagle win 5-A-side Super League Hockey trophy

Peshawar Eagle clinched the trophy after defeating Peshawar Lions in a thrilling final of the 5-A-side Super Hockey League played here at Lala Ayub Hockey Stadium on Thursday. Director General (DG) Sports KP Junaid Khan was the chief guest on this occasio
Published 27 Oct, 2017 12:00am
Swiss great Hingis quits for third and 'final' time

Swiss great Hingis quits for third and 'final' time

Swiss tennis great Martina Hingis announced her "definite" retirement on Thursday, signalling the end of a career which took her from 1990s teenage superstar to doubles world number one some 20 years later. The 37-year-old "Swiss Miss" has retired twice b
Published 27 Oct, 2017 12:00am
Del Potro boosts ATP Finals hopes

Del Potro boosts ATP Finals hopes

Juan Martin del Potro edged closer to a spot at next month's ATP Finals as the fourth seed dispatched French qualifier Julien Benneteau 6-4, 6-4 to reach the Swiss Indoors quarter-finals on Thursday. Del Potro won the Basel title in 2012 and 2013, beating
Published 27 Oct, 2017 12:00am
Shahab win Peace Football Tournament

Shahab win Peace Football Tournament

Shahab Football Club clinched the winning trophy by defeating Zwan Khyber Club 2-1 in the final match of the Peace Football Tournament played here on Kwange ground of Tehsil Landi Kotal Khyber Agency. Representative of Member of Parliament from NA-45, Mal
Published 27 Oct, 2017 12:00am
Bank Alfalah posts Rs 7.175 billion PAT

Bank Alfalah posts Rs 7.175 billion PAT

The Board of Directors of Bank Alfalah in their meeting held recently, approved the Bank's un-audited financial statements for the nine months period ended September 30, 2017. The Bank's performance remained impressive as a year-on-year growth of 14.3 per
Published 27 Oct, 2017 12:00am
Number of billionaires worldwide jumps 10 percent: study

Number of billionaires worldwide jumps 10 percent: study

The number of billionaires worldwide rose above 1,500 last year, a 10 percent jump from 2015, due largely to a surge in Asia, Swiss banking giant UBS and auditors PwC said Thursday. In an annual report, UBS and PwC said that last year marked the first tim
Published 27 Oct, 2017 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 27 Oct, 2017 12:00am
Number of billionaires worldwide jumps 10 percent: study

Number of billionaires worldwide jumps 10 percent: study

The number of billionaires worldwide rose above 1,500 last year, a 10 percent jump from 2015, due largely to a surge in Asia, Swiss banking giant UBS and auditors PwC said Thursday. In an annual report, UBS and PwC said that last year marked the first tim
Published 27 Oct, 2017 12:00am
Number of billionaires worldwide jumps 10 percent: study

Number of billionaires worldwide jumps 10 percent: study

The number of billionaires worldwide rose above 1,500 last year, a 10 percent jump from 2015, due largely to a surge in Asia, Swiss banking giant UBS and auditors PwC said Thursday. In an annual report, UBS and PwC said that last year marked the first tim
Published 27 Oct, 2017 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 27 Oct, 2017 12:00am
Twitter bars ads from Russia's RT, Sputnik

Twitter bars ads from Russia's RT, Sputnik

Twitter announced Thursday it was banning advertisements from Russia-based media outlets RT and Sputnik, in response to US intelligence findings that the groups sought to spread misinformation during the 2016 presidential elections.
Published 27 Oct, 2017 12:00am
Twitter bars ads from Russia's RT, Sputnik

Twitter bars ads from Russia's RT, Sputnik

Twitter announced Thursday it was banning advertisements from Russia-based media outlets RT and Sputnik, in response to US intelligence findings that the groups sought to spread misinformation during the 2016 presidential elections.
Published 27 Oct, 2017 12:00am
Scapegoating the 7th NFC Award

Scapegoating the 7th NFC Award

Prime Minister's Special Assistant Miftah Ismail while addressing a select gathering of senior journalists at the Press Information Department defended the Liquefied Natural Gas (LNG) deal signed between Qatargas and Pakistan State Oil (PSO) in February 2
Updated 27 Oct, 2017 10:51am
Braid cuttings in IOK

Braid cuttings in IOK

A new wave of fear and panic has swept Indian Occupied Kashmir where more than 100 women's braids have been chopped off by mysterious attackers. Most of them were assaulted while alone, and believe a spray was used to knock them unconscious before their b
Published 27 Oct, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (October 26, 2017).

Published 27 Oct, 2017 12:00am
Offshore labyrinth

Offshore labyrinth

During hearings in petitions filed against Imran Khan Niazi and Jehangir Khan Tareen of Pakistan of Tehreek-e-Insaf (PTI) by Muhammad Hanif Abbasi of Pakistan Muslim League (Nawaz), a vital point came for discussion that has serious ramifications for elec
Published 27 Oct, 2017 12:00am
Balochistan needs dams

Balochistan needs dams

For a country blessed with many rivers, the perennial scarcity of water in Pakistan is because of the shortage of storage capacity. While problematic presently, a full blown crisis is not far in the distant future. While all provinces face shortages of wa
Published 27 Oct, 2017 12:00am
Scandal-hit Japan automakers eye return to 'golden age'

Scandal-hit Japan automakers eye return to 'golden age'

Repeated quality scandals, stiff foreign competition and lagging technology have knocked Japan's auto giants off pole position but analysts say the once world-beating sector could yet steer itself to a comeback. Toyota, Nissan and small-car maker Suzuki w
Published 27 Oct, 2017 12:00am
'BJP trying to re-invent history'

'BJP trying to re-invent history'

This is apropos a Business Recorder editorial "BJP trying to re-invent history" carried by the newspaper recently. There is no doubt about the fact the ruling Bharatiya Janata Party (BJP) of India is doing anything and everything to alienate minori
Updated 28 Oct, 2017 11:23am
Silkbank continues its robust earnings trajectory in Q3

Silkbank continues its robust earnings trajectory in Q3

The Board of Directors of Silkbank Limited in their meeting held on October 26, 2017 declared an Operating Profit of Rs 1.2 billion with a Profit after Taxes of Rs 751 million, reflecting a growth of 49% over the results of the same period last year, for
Published 27 Oct, 2017 12:00am
THE RUPEE: falling trend
Currency

THE RUPEE: falling trend

The rupee continued slide against the dollar on the money market on Thursday in the process of trading activity, dealers said.
Published 27 Oct, 2017 12:00am
Silkbank continues its robust earnings trajectory in Q3

Silkbank continues its robust earnings trajectory in Q3

The Board of Directors of Silkbank Limited in their meeting held on October 26, 2017 declared an Operating Profit of Rs 1.2 billion with a Profit after Taxes of Rs 751 million, reflecting a growth of 49% over the results of the same period last year, for
Published 27 Oct, 2017 12:00am
THE RUPEE: falling trend
Currency

THE RUPEE: falling trend

The rupee continued slide against the dollar on the money market on Thursday in the process of trading activity, dealers said.
Published 27 Oct, 2017 12:00am
Senate body seeks report of CCI meetings' decision

Senate body seeks report of CCI meetings' decision

The Senate standing committee on inter-provincial coordination on Thursday sought a detailed report on all decisions taken by ruling PML-N government in Council of Common Interests (CCI) and the status of its implementation in next meeting.
Published 27 Oct, 2017 12:00am
Details of US drone strikes sought by Senate panel

Details of US drone strikes sought by Senate panel

The Senate Standing Committee on Defence on Thursday sought details of drone strikes carried so far by US-led Nato forces inside Pakistani territory, causing injury and deaths to innocent civilians. The committee held under the chairmanship of Senator Mus
Published 27 Oct, 2017 12:00am
PPP terms RD on 731 import items 'illegal'

PPP terms RD on 731 import items 'illegal'

Pakistan Peoples Party (PPP) on Wednesday termed imposition of regulatory duty on 731 import items by the government as illegal, saying it is no solution to reduce the import.
Published 27 Oct, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 26, 2017).

Published 27 Oct, 2017 12:00am
Minister urges NA body to reject bill

Minister urges NA body to reject bill

Federal Minister of National Health Services, Regulations and Coordination Saira Afzal Tarar on Thursday requested the Standing Committee on National Health Services to reject "The Prohibition of Smoking and Protection of Non-Smokers Health (Amendment) Bi
Published 27 Oct, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 26, 2017).

Published 27 Oct, 2017 12:00am
PPP leader challenges SC registrar's order

PPP leader challenges SC registrar's order

Pakistan Peoples Party (PPP) secretary general Syed Nayyar Hussain Bukhari on Thursday challenged apex court registrar order for returning his constitutional petition that sought court directives to prohibit Prime Minister Shahid Khaqan Abbasi and other M
Published 27 Oct, 2017 12:00am
Khushhali Microfinance Bank opens new branch in Hunza

Khushhali Microfinance Bank opens new branch in Hunza

Khushhali Microfinance Bank (KMBL) has inaugurated its new branch in Hunza. This branch will offer all inclusive banking services including Group and MSME loans, deposit, remittances, online transfer and insurance. The new Hunza branch is KMBL's third bra
Published 27 Oct, 2017 12:00am
Reserves decline further
Exchange

Reserves decline further

The country's total liquid foreign reserves fell $151 million during the last week owing to external debt payment. According to State Bank of Pakistan (SBP), the country's total foreign exchange reserves declined to $ 19.902 billion as on October 13, 2017
Published 27 Oct, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (October 26, 2017)

Published 27 Oct, 2017 12:00am
PTI presents three-point agenda for general elections 2018

PTI presents three-point agenda for general elections 2018

Pakistan Tehreek-e-Insaf Chairman Imran Khan Thursday announced a three-point election agenda which included poverty alleviation, equal education opportunity for all and loans for unemployed youth. He said when they will come into the power; they will ens
Published 27 Oct, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (October 26, 2017).

Published 27 Oct, 2017 12:00am
Zaki rejects imposition of RD on raw material

Zaki rejects imposition of RD on raw material

The former chairman of the Pakistan Soap Manufacturers Association and former president of the Karachi Chamber of Commerce and Industry, Abdullah Zaki, has rejected the imposition of the regulatory duty on raw material by the Federal Board of Revenue (FBR
Published 27 Oct, 2017 12:00am
Mamnoon felicitates Xi on re-election

Mamnoon felicitates Xi on re-election

President Mamnoon Hussain has congratulated Xi Jinping on his re-election as the General Secretary of the Central Committee of the Communist Party of China. The President admired that under the paramount banner of the Communist Party of China, the brave a
Published 27 Oct, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 26, 2017).

Published 27 Oct, 2017 12:00am
REAP team apprises governor about exporters' issues
Exchange

REAP team apprises governor about exporters' issues

Muhammad Zubair Governor Sindh has assured rice exporters for full cooperation to resolve their issues. A high profile delegation of Rice Exporters Association of Pakistan (REAP) led by Rafique Suleman Senior Vice Chairman met with Governor Sindh at Gover
Published 27 Oct, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 26, 2017).

Published 27 Oct, 2017 12:00am
ICI Pakistan's PAT increased to Rs 741.003 million
Exchange

ICI Pakistan's PAT increased to Rs 741.003 million

The profit after tax of ICI Pakistan Limited has increased by 20 percent to Rs 741.003 million in the quarter ended September 30, 2017 as compared to Rs 616.657 million earned in the corresponding period in 2016. The board of directors of the company in i
Published 27 Oct, 2017 12:00am
The Weather

The Weather

The weather report on Thursday (October 26, 2017) and the forecast for Friday (October 26, 2017).

Published 27 Oct, 2017 12:00am
ICI Pakistan's PAT increased to Rs 741.003 million
Exchange

ICI Pakistan's PAT increased to Rs 741.003 million

The profit after tax of ICI Pakistan Limited has increased by 20 percent to Rs 741.003 million in the quarter ended September 30, 2017 as compared to Rs 616.657 million earned in the corresponding period in 2016. The board of directors of the company in i
Published 27 Oct, 2017 12:00am
50 megawatt Zephyr wind power project to be operational by 2018

50 megawatt Zephyr wind power project to be operational by 2018

With an investment of $110 million, the 50 megawatts Zephyr wind farm power project would commence commercial operation by October next year. The project is located at Gharo, District Thatta some 60 km from Karachi, said Waqar Ahmad, manager, Zephyr Power
Published 27 Oct, 2017 12:00am
NAB followed court's order to arrest Sharjeel: Justice Iqbal

NAB followed court's order to arrest Sharjeel: Justice Iqbal

Chairman National Accountability Bureau (NAB) former Justice Javed Iqbal Thursday said that the arrest of Sharjeel Memon was made on the basis of warrants issued by the Accountability Court Karachi. Therefore, he said, the impression of injustice to any b
Published 27 Oct, 2017 12:00am
Q1 fiscal year 2018: repatriation of profit and dividend up 27 percent

Q1 fiscal year 2018: repatriation of profit and dividend up 27 percent

The repatriation of profit and dividend by foreign investors registered a healthy growth of 27 percent during the first quarter of current fiscal year (FY18). Economists said better financial results of the corporate sector pushed up the repatriation of p
Published 27 Oct, 2017 12:00am
Standard Chartered Bank Pakistan announces Q3, 9M results

Standard Chartered Bank Pakistan announces Q3, 9M results

Standard Chartered Bank (Pakistan) Limited Thursday announced its results for third quarter and first nine months of 2017. The Bank delivered resilient financial performance with year to date profit before tax of Rs 10.6 billion compared to Rs 12.1 billio
Published 27 Oct, 2017 12:00am
Standard Chartered Bank Pakistan announces Q3, 9M results

Standard Chartered Bank Pakistan announces Q3, 9M results

Standard Chartered Bank (Pakistan) Limited Thursday announced its results for third quarter and first nine months of 2017. The Bank delivered resilient financial performance with year to date profit before tax of Rs 10.6 billion compared to Rs 12.1 billio
Published 27 Oct, 2017 12:00am
Documentary 'Posheeda Qadam' screened at Indus Valley School

Documentary 'Posheeda Qadam' screened at Indus Valley School

Australian high commissioner Margaret Adamson said on Thursday that women are facing challenges worldwide in trying to get their potential acknowledged. She was addressing the audience at the screening of Nageen Hayat's documentary "Posheeda Qadam" (Hidde
Published 27 Oct, 2017 12:00am
Leghari attends Thai King's cremation ceremony

Leghari attends Thai King's cremation ceremony

Federal Minister for Energy, Awais Ahmad Khan Leghari, has represented Pakistan at the Royal Cremation Ceremony of His Majesty the Late King Bhumibol Adulyadej of Thailand. Awais Ahmad Khan Leghari, Federal Minister for Energy participated in the Royal Cr
Published 27 Oct, 2017 12:00am
SMU organises 'education workshop' for MPAs

SMU organises 'education workshop' for MPAs

The Special Monitoring Unit (SMU) of the Punjab chief minister on Thursday organised an education workshop for members of the provincial assemblies (MPAs) in order to familiarize them with the latest developments taking place in their respective constitue
Published 27 Oct, 2017 12:00am
Skin care products: CCP warns of deceptive marketing practices

Skin care products: CCP warns of deceptive marketing practices

Terming skin care as a sensitive matter, Competition Commission of Pakistan (CCP) has said that every market has the responsibility to take necessary measures to ensure that no false or misleading information is distributed to the consumers of skin care p
Published 27 Oct, 2017 12:00am
Punjab to have country's first technical education university

Punjab to have country's first technical education university

The Punjab government is establishing Pakistan's first technical Education University in association with the Chinese Tianjin University of Technical Education. The technical education in Punjab has been introduced in 1109 public schools situated in diffe
Published 27 Oct, 2017 12:00am
NA-4 by-election PTI's Arbab Amir trounces rivals with huge margin

NA-4 by-election PTI's Arbab Amir trounces rivals with huge margin

Pakistan Tehreek-e-Insaf (PTI) retained National Assembly seat from Peshawar NA-4 where its new contestant Arbab Amir Ayub secured 43,812 votes in the by-election on Thursday, according to unofficial results. The closest loser was PML-N's nominee Nasir Kh
Published 27 Oct, 2017 12:00am
Efforts under way to overcome energy crisis: minister

Efforts under way to overcome energy crisis: minister

Punjab Mines and Mineral Minister Chaudhary Sher Ali Khan has said that exploration of alternative sources of energy has become the need of the hour and the Punjab government is making tremendous efforts to overcome the energy crises in the country. He al
Published 27 Oct, 2017 12:00am
BoP NIM improves during first nine months of 2017

BoP NIM improves during first nine months of 2017

A meeting of the Board of Directors of The Bank of Punjab was held on October 25, 2017. During the meeting, un-audited Financial Statements of the Bank for nine months ended September 30, 2017 were approved by the Board. During first nine months of the ye
Published 27 Oct, 2017 12:00am
Plea to introduce 'zero-rate regime' for five exports sectors

Plea to introduce 'zero-rate regime' for five exports sectors

Pakistan Hosiery Manufacturers and Exporters Association (PHMA) blames the delay in restoring zero-rate regime as per the law for holding back the textile makers from modernizing their industrial units. In a letter to the Federal Commerce Ministry, Chief
Published 27 Oct, 2017 12:00am
Oman Air plans three flights a week from Peshawar: RVP Sunil

Oman Air plans three flights a week from Peshawar: RVP Sunil

Oman Air, which is already operating from three major cities - Karachi, Islamabad and Lahore, is planning to expand its wings to Peshawar in near future. "Oman Air, which operate 13 flights weekly from Karachi, is in a process to commence three flights pe
Published 27 Oct, 2017 12:00am
Sindh government grants Rs 12.5 million to KPC

Sindh government grants Rs 12.5 million to KPC

Sindh Minister for Information, Labour, Transport and Mass Transit Syed Nasir Hussain Shah Thursday handed over the cheque of amounting to Rs 12,500,000 to the Secretary Press Club Karachi Maqsood Ahmed Yousufi at his office here.
Published 27 Oct, 2017 12:00am
Shanghai aluminium rises

Shanghai aluminium rises

Shfe aluminium closed up 1 percent at 16,490 yuan ($2,485.72) a tonne on Thursday, levels not seen in more than a week, but remained well below their recent near eight-year high of 17,345 yuan a tonne from last month as China imposes restrictions on indus
Published 27 Oct, 2017 12:00am
'VEON will redefine connectivity', says Mark
Exchange

'VEON will redefine connectivity', says Mark

Mark MacGann is VEON's Group Chief Corporate & Public Affairs Officer and leads the Group's Communications, Regulatory and Government Affairs functions. Before joining VEON (former VimpelCom), Mark was Senior Board Advisor and Head of Public Policy EMEA a
Updated 15 Nov, 2017 10:39am
Pakistan needs sound agriculture investment policy: Chinese expert

Pakistan needs sound agriculture investment policy: Chinese expert

Dr Siang Hee Tan, Executive Director, Crop Life Asia Thursday said that a very sound agricultural investment policy is needed in Pakistan for agriculture sector, benefiting both old age and young framers from biotechnology to reap the benefits of crop pro
Published 27 Oct, 2017 12:00am
OGDCL net sales revenue increases

OGDCL net sales revenue increases

The Board of Directors of Oil & Gas Development Company Limited (OGDCL) in its meeting held on Thursday at OGDCL Head Office Islamabad announced the financial results for the first quarter ended 30th September, 2017. The company's net sales revenue increa
Published 27 Oct, 2017 12:00am
Engro Corporation announces Q3 results

Engro Corporation announces Q3 results

Engro Corporation on Thursday announced its third quarter results, showcasing a strong overall performance in its businesses. Profitability was augmented by the steady performances of terminal services and power, fertilizer, petrochemicals and the signing
Published 27 Oct, 2017 12:00am