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Print - 2018-04-11
Siraj calls for giving rights to tribesmen

Siraj calls for giving rights to tribesmen

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that if the federal government did not grant lawful rights to the people of FATA, the tribal people would be constrained to lay a siege around Islamabad and the provincial capital Peshawar. According
Published 11 Apr, 2018 12:00am
Call to adopt 'Climate Smart Agriculture'

Call to adopt 'Climate Smart Agriculture'

There is a need to adopt Climate Smart Agriculture in Pakistan as a means for dealing with the changing climatic scenario, which can increase productivity in Pakistan as the country suffers from climatic extremes such as in 2011, 26 million people were af
Published 11 Apr, 2018 12:00am
Additional toll plazas on motorway irk commuters

Additional toll plazas on motorway irk commuters

Additional toll infrastructures on various locations of motorway has irked the commuters by and large who say that undue interference has defeated the idea of fastest access to desired destinations. According to the commuters, they are forced to pay separ
Published 11 Apr, 2018 12:00am
Eighteen & Interior minister inaugurates Spring Festival 2018

Eighteen & Interior minister inaugurates Spring Festival 2018

The EIGHTEEN Pakistan's most luxurious and modern residential project, and the Islamabad Capital Territory (ICT) has organized a two-day Spring Festival Gala in federal capital, says a press release on Saturday. Senior Director Marketing Eighteen, Uzair A
Published 11 Apr, 2018 12:00am
Pakistan, Turkey naval exercise concludes

Pakistan, Turkey naval exercise concludes

Maiden Pakistan Navy-Turkish Navy bilateral exercise TURGUTRIES meaning "Drawn sword of Islam" conducted in North Arabian Sea has been culminated. TCG GELIBOLU a frigate from Turkish Navy and PN Ships SAIF, ASLAT, NASR, QUWWAT, AZMAT and ZARRAR including
Published 11 Apr, 2018 12:00am
NAFA changes name to 'NBP Funds'

NAFA changes name to 'NBP Funds'

NAFA has announced its name change to NBP Funds. National Bank of Pakistan (NBP) is the prime sponsor of the company and the management believes that the name and logo change will enable it to further grow its retail outreach. There is no change in the ow
Published 11 Apr, 2018 12:00am
NAFA changes name to 'NBP Funds'

NAFA changes name to 'NBP Funds'

NAFA has announced its name change to NBP Funds. National Bank of Pakistan (NBP) is the prime sponsor of the company and the management believes that the name and logo change will enable it to further grow its retail outreach. There is no change in the ow
Published 11 Apr, 2018 12:00am
SECP notifies new AAOIFI Shariah standards for public consultation

SECP notifies new AAOIFI Shariah standards for public consultation

The SECP has fast-tracked the adoption of Shariah standards to bring about harmonization and standardization in the business practices of Islamic financial institutions. The SECP has notified for public consultation seven more Shariah standards of the Acc
Published 11 Apr, 2018 12:00am
ICAP holds CFO Conference 2018
Exchange

ICAP holds CFO Conference 2018

The Professional Accountants in Business (PAIB) Committee of the Institute of Chartered Accountants of Pakistan (ICAP) organised CFO Conference 2018 'Evolving Mental Models-Sustaining Competitive Edge; Reflect, Transform, Lead' here on Tuesday here at a l
Published 11 Apr, 2018 12:00am
Customs value of galvanized iron, tee-grid revised

Customs value of galvanized iron, tee-grid revised

Directorate General Customs Valuation (DGCV) has revised the customs values of galvanized iron and steel ceiling suspension system/tee-grid. According to details, the customs values of subject items were earlier determined under section 25-A of Customs Ac
Published 11 Apr, 2018 12:00am
K-Electric sets up court to recover outstanding bills

K-Electric sets up court to recover outstanding bills

K-Electric appears in 'no-compromise' mood to squeeze the neck further of its already power-hit consumers as country's biggest vertically integrated utility has set up a court for special magistrate in its premises to recover outstanding bills under what
Published 11 Apr, 2018 12:00am
Major crops: country may miss production target
Cotton

Major crops: country may miss production target

The country is feared to miss the production target set for the current year of major crops including wheat, gram and lentil by 4 percent, 45.7 percent and 34.7 percent respectively which would negatively affect GDP growth for the outgoing financial year
Published 11 Apr, 2018 12:00am
'No additional tax will be imposed on telecom sector'

'No additional tax will be imposed on telecom sector'

No additional tax will be imposed on telecom sector as the Government of Pakistan wants growth of this sector, said Haroon Akhtar Khan, Special Assistant to Prime Minister on Revenue in a meeting with CEOs and other high level representatives of telecom c
Published 11 Apr, 2018 12:00am
Cigarette industry may benefit from revised fed: Haroon

Cigarette industry may benefit from revised fed: Haroon

Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said the entire cigarette industry can fully utilize the benefits of third tier (revised federal excise duty structure) on cigarettes without any discrimination as both the multinationa
Published 11 Apr, 2018 12:00am
China to facilitate Pakistani students

China to facilitate Pakistani students

Zhao Lijian, Deputy Chief of Mission at embassy of the Peoples' Republic of China, Islamabad said Pakistani students would be provided all required facilities to acquire contemporary education in different fields in Chinese universities. Zhao was addressi
Published 11 Apr, 2018 12:00am
ADB official meets Anusha

ADB official meets Anusha

Country Director Asian Development Bank for Pakistan Xiaohong Yang called on Minister of State for IT and Telecom Anusha Rehman on Tuesday. The matters pertaining to establishment of IT Park in Karachi were discussed. Federal Secretary IT Aamir Ashraf Kha
Published 11 Apr, 2018 12:00am
Condolence resolution pays tribute to late Ayaz Soomro

Condolence resolution pays tribute to late Ayaz Soomro

National Assembly Tuesday passed a condolence resolution to pay tribute to Muhammad Ayaz Soomro who passed away after protracted illness during the last week of March this year. MNA Shazia Marri moved the resolution in the House while all other members su
Published 11 Apr, 2018 12:00am
Absence of NAB chief from briefing draws PAC's ire

Absence of NAB chief from briefing draws PAC's ire

The Public Accounts Committee (PAC) Tuesday expressed serious anger over the absence of chairman National Accountability Bureau (NAB) from the meeting who had been summoned to brief about Bureau's performance and details of cases pending for decades.
Published 11 Apr, 2018 12:00am
Health centre: LHC reserves verdict

Health centre: LHC reserves verdict

The Lahore High Court on Tuesday reserved its verdict on a petition challenging the closure of provincial Health development centre in Lahore along with its 31 sub institutes working in government hospitals for training of doctors and nurses. Young Doctor
Published 11 Apr, 2018 12:00am
Partly Facetious: 'Southern Punjab' province?

Partly Facetious: 'Southern Punjab' province?

"So those who left the PML-N for reasons to do with creating a Southern Punjab province were viciously attacked by the nawalas..." "Ironically the nawalas attacked the defectors for taking the nawala (bite of food) offered by another."
Published 11 Apr, 2018 12:00am
JIT fails to find motive behind Intezar's murder

JIT fails to find motive behind Intezar's murder

The Joint Investigation Team (JIT) formed to probe the murder of Malaysia-returned student Intezar Ahmad failed to find a motive behind the killing and termed it "cold-blooded, rash and negligent" act by plainclothes police officials.
Published 11 Apr, 2018 12:00am
PAJCCI chief for a call on meeting with PM

PAJCCI chief for a call on meeting with PM

Chairman Pakistan-Afghanistan Joint Chamber of Commerce & Industry (PAJCCI), Zubair Motiwala has requested for a call on meeting with Prime Minister Shahid Khaqan Abbasi for deliberating upon important issues that require policy advocacy and for incorpora
Published 11 Apr, 2018 12:00am
Sharjeel admitted to JPMC

Sharjeel admitted to JPMC

Pakistan Peoples Party (PPP) leader and former provincial minister Sharjeel Inam Memon has been admitted to Jinnah Postgraduate Medical Centre following complaints of a back pain. Sharjeel Memon was shifted to JPMC's special ward on the directives of an a
Published 11 Apr, 2018 12:00am
Rice export up by 29 percent in nine months
Exchange

Rice export up by 29 percent in nine months

Rice exports from Pakistan have seen posted notable growth of 29 percent during the first nine months of this fiscal year (FY18). Pakistan has exported total 2.95 million metric tons rice during July-March of FY18 compared to 2.53 million metric tons in s
Published 11 Apr, 2018 12:00am
Eight accused arrested by NAB Karachi

Eight accused arrested by NAB Karachi

National Accountability Bureau (NAB) Karachi on Tuesday claimed to have arrested eight accused persons nominated in reference No. 2 in 2018 filed in Accountability Court Karachi. The accused persons were arrested subsequent to withdrawal / recall of their
Published 11 Apr, 2018 12:00am
Lasbela Chamber welcomes amnesty scheme

Lasbela Chamber welcomes amnesty scheme

Lasbela Chamber of Commerce and Industry (LCCI) president Yakoob Karim has expressed hope that Tax Amnesty Scheme would help bring those assets back to Pakistan being held by Pakistanis abroad. Welcoming the Scheme announced recently by the prime minister
Published 11 Apr, 2018 12:00am
Petition against Asif: IHC reserves verdict

Petition against Asif: IHC reserves verdict

The Islamabad High Court on Tuesday reserved its verdict in a disqualification case filed against Foreign Minister Khawaja Asif for concealing his Iqama (work permit). A three-member bench of IHC comprising Justice Athar Minallah, Justice Aamer Farooq and
Published 11 Apr, 2018 12:00am
Judicial commission seeks detailed plan for cleaning of SWDs

Judicial commission seeks detailed plan for cleaning of SWDs

The one-man judicial commission headed by former Justice Amir Hani Muslim on Tuesday sought a comprehensive plan for cleaning of Nullahs in Karachi when Sindh Chief Secretary assured the commission that cleaning of nullahs would be carried out at its earl
Published 11 Apr, 2018 12:00am
Sindh Assembly slams prolonged power outages

Sindh Assembly slams prolonged power outages

The Sindh Assembly on Tuesday adopted two private resolutions against the prolonged electricity load shedding in Karachi unanimously during a delay-marred sitting. The assembly remained inactive for two hours because of the legislators' late arrival in th
Published 11 Apr, 2018 12:00am
Sindh Assembly slams prolonged power outages

Sindh Assembly slams prolonged power outages

The Sindh Assembly on Tuesday adopted two private resolutions against the prolonged electricity load shedding in Karachi unanimously during a delay-marred sitting. The assembly remained inactive for two hours because of the legislators' late arrival in th
Published 11 Apr, 2018 12:00am
China lauds Pakistan for promoting ties with Afghanistan

China lauds Pakistan for promoting ties with Afghanistan

China said it "firmly supports" the recent visit of Prime Minister Shahid Khaqan Abbasi to Afghanistan. "China highly appreciates and firmly supports Prime Minister Shahid Khaqan Abbasi's visit to Afghanistan," China's Ministry of Foreign Affairs spokespe
Published 11 Apr, 2018 12:00am
No restriction on movement of foreign diplomats in capital: FO

No restriction on movement of foreign diplomats in capital: FO

Foreign Office on Tuesday contradicted the rumours with regard to restricting movement of foreign diplomats in the federal capital amid reports that Trump administration is mulling to restrict travel of Pakistani diplomats in the US. "No directive has bee
Published 11 Apr, 2018 12:00am
Drap's regulations being transformed: chairman

Drap's regulations being transformed: chairman

Drug Regulatory Authority of Pakistan (DRAP) Chairman Dr Sheikh Akhtar Hussain has said the DRAP is restructuring its operation and transforming its regulations on modern scientific basis. The DRAP chairman revealed this while speaking at a meeting with t
Published 11 Apr, 2018 12:00am
Bahadurabad group again invites Sattar for talks

Bahadurabad group again invites Sattar for talks

Two disgruntled factions of Muttahida Qaumi Movement Pakistan - Bahadarabad & PIB - showed some flexibility on Tuesday to resolve the mutual disputes, which have shattered the unity in the ranks and files of the party for the last few months. Bahadarabad
Published 11 Apr, 2018 12:00am
PM invites Chinese firms for developing country's power sector
Exchange

PM invites Chinese firms for developing country's power sector

Prime Minister Shahid Khaqan Abbasi on Tuesday invited Chinese investors and companies to participate in the development of Pakistan's power sector with promising returns and incentives. The prime minister stated this while talking to Administrator of Nat
Published 11 Apr, 2018 12:00am
CM takes notice of putting girl on fire

CM takes notice of putting girl on fire

Punjab Chief Minister Muhammad Shahbaz Sharif on Tuesday took notice of burning of a girl after being raped in Chichawatni and directed the concerned officials to immediately arrest the criminals involved in this tragic incident.
Published 11 Apr, 2018 12:00am
Malik vows to help resolve exporters' issues
Exchange

Malik vows to help resolve exporters' issues

Minister for Commerce and Textile Pervaiz Malik has expressed satisfaction over the pace of growth in exports, saying that the government will take all necessary measures for the facilitation of exporters and resolve all their problems in consultation wit
Published 11 Apr, 2018 12:00am
Finance and P&D reforms: Senate bodies may be formed in ongoing week

Finance and P&D reforms: Senate bodies may be formed in ongoing week

Senate Standing Committees on Finance and Planning, Development and Reforms are likely to be constituted in the ongoing week and they may be given briefings on broader contours of the budget and development outlay for the next fiscal year.
Published 11 Apr, 2018 12:00am
Employees Contributory Funds draft rules unveiled
Exchange

Employees Contributory Funds draft rules unveiled

Every company, constituting a fund or trust, shall within one month of the close of every six months of the financial year of such fund or trust submit financial information of the fund or trust duly endorsed by the chief executive officer of the company
Published 11 Apr, 2018 12:00am
Absar Alam's plea rejected

Absar Alam's plea rejected

A division bench of the Lahore High Court on Tuesday dismissed the appeal of former Chairman Pakistan Electronic Media Regulatory Authority (Pemra) Absar Alam and upheld the decision of setting aside his appointment as chairman Pemra. A single bench compr
Published 11 Apr, 2018 12:00am
Defectors never belonged to PML-N: Nawaz

Defectors never belonged to PML-N: Nawaz

Referring to the legislators who recently quit Pakistan Muslim League-Nawaz (PML-N), deposed prime minister Nawaz Sharif on Tuesday said that "turncoats" were never part of his party. Talking to reporters outside the Accountability Court hearing corruptio
Published 11 Apr, 2018 12:00am
PML-N continues to face setbacks amid season of defections

PML-N continues to face setbacks amid season of defections

As tenure of the assemblies is coming to an end and general elections drawing closer, the ruling Pakistan Muslim League-Nawaz (PML-N) continues to face setbacks with 'electables' ditching the party. Party sources told this correspondent that a large numbe
Published 11 Apr, 2018 12:00am
National Assembly session will continue until Friday

National Assembly session will continue until Friday

House Business Advisory Committee of National Assembly decided to continue assembly's session from Tuesday till Friday in a meeting held on Tuesday before the start of the session. Minister for Parliamentary Affairs Sheikh Aftab Ahmed, Zahid Hamid, Ch Muh
Published 11 Apr, 2018 12:00am
ATC reserves judgment on Imran's application

ATC reserves judgment on Imran's application

Anti-Terrorism Court on Tuesday reserved verdict on a petition of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, seeking acquittal in cases pertaining to attack on state buildings and ex-SSP Islamabad (Operations). Hundreds of men, allegedly proteste
Published 11 Apr, 2018 12:00am
Civil administration gets control of Upper & Lower Dir

Civil administration gets control of Upper & Lower Dir

Pakistan army handed over security responsibility to civil administration in Upper and Lower Dir on Tuesday. On this occasion a function was held at Dir Scouts Fort Balambat in Lower Dir. General Officer Commanding (GOC) Malakand division Major General Al
Published 11 Apr, 2018 12:00am
Agha Steel intends to issue Rs 5 billion Sukuk

Agha Steel intends to issue Rs 5 billion Sukuk

Agha Steel Industries Limited (ASIL) intends to issue Sukuk up to Rs 5 billion for expansion and adoption of futuristic technologies. ASIL will issue OTC listed, rated and secured Sukuk up to PKR 5 billion (inclusive of green shoe option of PKR 1 billion)
Published 11 Apr, 2018 12:00am
National Foods receives Green Excellency Award

National Foods receives Green Excellency Award

Being the leading food brand of Pakistan, National Foods Limited (NFL) is continuously endeavouring to give back to the country through focusing on health, education and women empowerment. National Foods Limited is the 1st Corporate Office in Pakistan to
Published 11 Apr, 2018 12:00am
Call to reduce import duty on raw MDF

Call to reduce import duty on raw MDF

The importers of raw Medium Density Fiberboard (MDF) have demanded from the government to reduce the import duty on raw MDF from 17 percent to 5 percent to protect commercial importers who are selling this imported product to small workshops, carpenters,
Published 11 Apr, 2018 12:00am
Remembering Asma Jahangir

Remembering Asma Jahangir

The late Asma Jahangir had served as UN Special Rapporteur on human rights in Iran. In 2014 she received France's highest civilian award and Sweden's Right Livelihood Award, for her decades of rights work. There is no doubt about the fact that only a few
Published 11 Apr, 2018 12:00am
Back to the past

Back to the past

"Religious warfare and economic chaos threaten the newly born nation of 70 million moslems", subtitle of the article on Pakistan in Life Magazine issue of January 5, 1948.
Published 11 Apr, 2018 12:00am
Plugging local sources of black money
Exchange

Plugging local sources of black money

Pakistani wealth worth billions is said to be concealed in the international financial system, including foreign banks and several safe havens with the identity of depositors hidden behind many layers of legal cover. Dubai, the Virgin Islands, the Cayman
Published 11 Apr, 2018 12:00am
Diplomatic immunity as licence to kill

Diplomatic immunity as licence to kill

What the US Air and Defense Attaché, Colonel Joseph Emanuel, did in Islamabad on Saturday exemplifies the proverbial ugly American abroad: arrogant, unkind, and derogatory. Rashly driving an SUV, he jumped a red light signal and hit a motorcycle carrying
Published 11 Apr, 2018 12:00am
The legal cover
Exchange

The legal cover

As promised, the Presidential ordinance providing legal cover to the fourth amnesty scheme during the past five years announced by Prime Minister Shahid Khaqan Abbasi on Thursday was promulgated during the weekend. The most widely hailed component of the
Published 11 Apr, 2018 12:00am
National development PML-N's core agenda: Shahbaz

National development PML-N's core agenda: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said the PML-N's core agenda is national development and prosperity of the people. "I am grateful to all the colleagues who extended their support for progress and prosperity of the country," he said while talking
Published 11 Apr, 2018 12:00am
PYMA concerned over increase in yarn prices

PYMA concerned over increase in yarn prices

Central Chairman, Pakistan Yarn Merchants Association (PYMA) Khurshid A. Shaikh, Zonal Chairman, Muhammad Aslam Moten & Zonal Vice Chairman, Muhammad Khalid Gader have expressed deep concern over continuous increase in prices of yarn and urged government
Published 11 Apr, 2018 12:00am
SECP to place limit on investment in listed securities
Exchange

SECP to place limit on investment in listed securities

The Securities and Exchange Commission of Pakistan (SECP) has decided to place limit/conditions for investment in listed securities, where the company or trust intend to make an investment out of the fund/trust in bonds, redeemable capital, debt securitie
Published 11 Apr, 2018 12:00am
SECP to place limit on investment in listed securities
Exchange

SECP to place limit on investment in listed securities

The Securities and Exchange Commission of Pakistan (SECP) has decided to place limit/conditions for investment in listed securities, where the company or trust intend to make an investment out of the fund/trust in bonds, redeemable capital, debt securitie
Published 11 Apr, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (April 10, 2018) and the forecast for Wednesday (April 11, 2018).

Published 11 Apr, 2018 12:00am
SECP to place limit on investment in listed securities
Exchange

SECP to place limit on investment in listed securities

The Securities and Exchange Commission of Pakistan (SECP) has decided to place limit/conditions for investment in listed securities, where the company or trust intend to make an investment out of the fund/trust in bonds, redeemable capital, debt securitie
Published 11 Apr, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 10, 2018).

Published 11 Apr, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (April 10, 2018).

Published 11 Apr, 2018 12:00am
Expats remit $14.6 billion in nine months

Expats remit $14.6 billion in nine months

The country received over $14 billion remittance inflows during the first nine months of this fiscal year (FY18). According to State Bank of Pakistan (SBP) overseas Pakistani workers remitted over $14.606 billion in July to March of this fiscal year (FY18
Published 11 Apr, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (April 10, 2018)

Published 11 Apr, 2018 12:00am
Expats remit $14.6 billion in nine months

Expats remit $14.6 billion in nine months

The country received over $14 billion remittance inflows during the first nine months of this fiscal year (FY18). According to State Bank of Pakistan (SBP) overseas Pakistani workers remitted over $14.606 billion in July to March of this fiscal year (FY18
Published 11 Apr, 2018 12:00am
Expats remit $14.6 billion in nine months

Expats remit $14.6 billion in nine months

The country received over $14 billion remittance inflows during the first nine months of this fiscal year (FY18). According to State Bank of Pakistan (SBP) overseas Pakistani workers remitted over $14.606 billion in July to March of this fiscal year (FY18
Published 11 Apr, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 10, 2018).

Published 11 Apr, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 10, 2018).

Published 11 Apr, 2018 12:00am
Shujaat's book tells nothing new?

Shujaat's book tells nothing new?

Pakistan Muslim League-Q (PML-Q) president Chaudhry Shujaat Hussain has claimed that the 2008 general election was a fixed affair. According to him, he was told by the Americans that Pervez Musharraf and his key aide Tariq Aziz let to PML(Q) down in the s
Published 11 Apr, 2018 12:00am
Shujaat's book tells nothing new?

Shujaat's book tells nothing new?

Pakistan Muslim League-Q (PML-Q) president Chaudhry Shujaat Hussain has claimed that the 2008 general election was a fixed affair. According to him, he was told by the Americans that Pervez Musharraf and his key aide Tariq Aziz let to PML(Q) down in the s
Published 11 Apr, 2018 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee recovered modestly against the dollar on the money market on Tuesday in the process of trading, money experts said. The rupee moved with little change in terms of the dollar for buying and selling at Rs 115.60 and Rs 115.61 respectively, they sa
Published 11 Apr, 2018 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee recovered modestly against the dollar on the money market on Tuesday in the process of trading, money experts said. The rupee moved with little change in terms of the dollar for buying and selling at Rs 115.60 and Rs 115.61 respectively, they sa
Published 11 Apr, 2018 12:00am
Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Sui Northern Gas Pipelines (SNGPL) owes Rs 23.1 billion to Pakistan State Oil (PSO) on account of purchase of re-gasified liquefied natural gas (RLNG) LNG, sources revealed to this correspondent. SNGPL purchased RLNG worth Rs 424.85 billion from PSO from
Published 11 Apr, 2018 12:00am
Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Sui Northern Gas Pipelines (SNGPL) owes Rs 23.1 billion to Pakistan State Oil (PSO) on account of purchase of re-gasified liquefied natural gas (RLNG) LNG, sources revealed to this correspondent. SNGPL purchased RLNG worth Rs 424.85 billion from PSO from
Published 11 Apr, 2018 12:00am
Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Sui Northern Gas Pipelines (SNGPL) owes Rs 23.1 billion to Pakistan State Oil (PSO) on account of purchase of re-gasified liquefied natural gas (RLNG) LNG, sources revealed to this correspondent. SNGPL purchased RLNG worth Rs 424.85 billion from PSO from
Published 11 Apr, 2018 12:00am
Brownouts hit small businesses the most

Brownouts hit small businesses the most

Frequent and unscheduled power cuts in Karachi have left the residents in the lurch and it is not just normal life that has been thrown out of gear but even small scale businesses, small and medium industries are facing untold hardships. Owners of small s
Published 11 Apr, 2018 12:00am
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