BUSINESS
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CCP to probe cooking oil industry
The government has directed the Competition Commission of Pakistan (CCP) to investigate the allegations of cartelisation in the cooking oil…
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PNSC starts 1,100-TEU ship construction
Construction of a 1,100 twenty-foot equivalent unit (TEU) container vessel for the Pakistan National Shipping Corporation (PNSC) has been launched…
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Gas prices frozen for six months, NA panel told
The 12th meeting of the National Assembly Standing Committee on Petroleum was held under the chairmanship of Syed Mustafa Mehmood,…
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Report cites weaknesses in public sector DISCOs
Pakistan’s power distribution sector has continued to show uneven progress on health, safety and environmental (HSE) standards, said the National…
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70% MoIB officers to retire at grade 19
What could be discouraging for any profession, over 70% of officers of Pakistan’s Information Service Group are expected to retire…
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K-shaped recovery deepens wealth gap in Pakistan, leaving lower-income households behind
Pakistan’s much-discussed economic stabilisation is masking a widening fault line: while wealthier households continue to accumulate assets and benefit from…
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Mobile manufacturers to face penalties over lack of localisation
The government has decided to impose penalties on mobile and electronics device manufacturing companies over failure to achieve specified localisation…
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Government tightens gas supply, reviews Winter load management
Federal Minister for Petroleum Ali Pervaiz Malik chaired a meeting on Monday to review the gas supply situation, winter load…
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Pakistan to compile data for targeted tariffs
A steering committee has decided to compile product- and sector-wise data on imports, prices and domestic production to take a…
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PSX surges past 185,000 as bullish momentum persists
The bullish momentum at the Pakistan Stock Exchange (PSX) remained firmly intact on Tuesday, as aggressive buying drove the benchmark…
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