The Oil and Gas Regulatory Authority on Wednesday increased the tariff on imported liquefied natural gas up to 2.6% per million British thermal units for the two public gas utilities, namely Sui Northern Gas Pipelines Limited and Sui Southern Gas Company with retrospective effect from March 1, 2024. In a statement, the regulator said that the increase in monthly re-gasified LNG rates was due to
In a press statement released on Wednesday, Moazzam Ghurki, President of the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), highlighted the significant opportunities that the China-Pakistan Economic Corridor (CPEC) will bring to Balochistan. Ghurki emphasised that regional countries, especially Tajikistan and Uzbekistan, will utilise the corridor for exports and trade through the
Lahore Tax Bar Association (LTBA) newly elected President Shahbaz Siddique has pledged to implement a series of initiatives aimed at promoting strong and mutually beneficial cooperation between Pakistan and China in the field of taxation. Recognising the importance of collaboration between the two countries, he aims to leverage this partnership to drive economic growth and development. With
ISLAMABAD: Prime Minister Shehbaz Sharif has asked friendly countries that Pakistan needs the injection of critical investment in different projects, instead of loans that add to its debt burden, to rejuvenate the faltering economy. Addressing members of the cabinet at a meeting last week, the premier appreciated the Special Investment Facilitation Council (SIFC), observing that the forum was p
Bullish momentum continued at the Pakistan Stock Exchange (PSX) on Wednesday as shares gained over 200 points after Pakistan and the IMF reached a staff-level agreement. The KSE-100 index started on a positive note after the bell, climbing more than 400.04, or 0.61 per cent, to stand at 65,902.63 points from the previous close of 65,502.59. Finally, the index closed at 65,731.79, up by 229.2