Monthly Archives: August 2020

Pakistan’s Largest Cement Company to Start Producing Electricity in 6 Months

DG Khan Cement is constructing a 10MW waste heat recovery and a 30MW coal-fired power plant that are set to start electricity generation in December 2020 and March 2021 respectively. According to a statement by the company, these two power

Bank of Punjab’s Assets Surge to Over Rs. 1 Trillion

Bank of Punjab has become the 9th bank in Pakistan to cross Rs. 1 trillion in assets. According to the financial report, the bank’s total assets stand at Rs. 1.018 trillion. Previously, leading banks such as Habib Bank, United Bank,

Pakistan Imports its Cheapest LNG Cargo Ever

Today, Pakistan has imported its lowest-priced liquefied natural gas (LNG) cargo. According to the details, Pakistan LNG has imported its cheapest LNG cargo through The State Oil Company of Azerbaijan Republic (SOCAR). Back in July, SOCAR was the lowest bidder,

Pakistan’s Economy Could Grow by 1.8% in FY21: IIF

Pakistan’s economy could grow by 1.8% in FY2020/21 driven by some recovery in private consumption. This was stated in a report which was released by the Institute of International Finance (IIF) by the name “Pakistan: Commitment to Reform Faces a

Steel Manufacturing Company Sets Up Subsidiary To Bring Modern Construction to Pakistan

The locally listed Steel Manufacturing Company International Industries Limited (INIL) has set up a wholly-owned subsidiary i.e. IIL Construction Solutions in order to tap the construction sector of the country. This new company will set up a new trend of

مغربی چین کا ساحلی شہر وانژو سیاحوں کو محظوظ کرنے کے انتظار میں ہے

وانژو،چین، 29 اگست، 2020 /پی آر نیو وائر/۔۔ مغربی چین کے چونگچن بلدیہ کا ضلع وانژو ایک ساحلی شہر ہے،اور اس نے 27آگست کی رات ایک لائیو سٹریمنگ شوکے ذریعہ ایک سماع باندھ دیا جس کا مقصد اس کی سیاحت

دولت مشترکہ ڈومنیکا کا داؤد ابراہیم پر بیان جاری

روزو، ڈومنیکا، اگست 28، 2020/پی آر نیوز وائر/– اس جاری کردہ بیان سے اس بات کی تصدیق کی جاتی ہے کی داؤد ابراہیم کاسکر نہ تو سرمایہ کاری پروگرام، نہ ہی کسی اور ذریعہ سے نہ تو دولت مشترکہ ڈومنیکا

SECP Issues Life Insurer License to Postal Life Insurance Company

The Securities and Exchange Commission of Pakistan (SECP) has granted a life insurance license to Postal Life Insurance Company Limited, to act as a life insurer under the Insurance Ordinance, 2000. Established in 1884, PLI has been working as an