Category Archives: Market

SNGPL Refuses to Sell RLNG Without Recovery Mechanism For Arrears

Sui Northern Gas Company Limited (SNGPL) has refused to sell Regasified Liquefied Natural Gas (RLNG) to domestic and commercial consumers unless a mechanism is approved by the federal government, Business Recorder reported on Monday. The Economic Coordination Committee (ECC) had decided in

Pakistan Working Closely With IMF to Clear Blockages in $6 Billion Program

Pakistan and the International Monetary Fund (IMF) are working together closely to bring the second review of a $6 billion three-year Extended Fund Facility (EFF) to a positive conclusion, Arab News reported a top IMF official on Saturday. Pakistan signed the $6

Int’l Trade Expo to begin in Tianjin China from Monday

The International Trade Expo will begin online in Tianjin China from tomorrow. Companies from all over the world including Pakistan will showcase their products online in the Expo which will continue till 16th of this month.   Source: Radio Pakistan

Working groups will be formed to increase exports of gemstones: Gul Asghar

Chairman of Prime Minister’s task force on Gems and Jewelry, Engineer Gul Asghar Khan Baghoor has said working groups will be formed to increase exports of precious gemstones. Addressing a weekly meeting of the task force in Islamabad on Friday,

Pakistan welcomes French investment, technology and expertise in agriculture field: Fakhar

Minister for National Food Security and Research Syed Fakhar Imam says Pakistan has huge potential in the field of agriculture and agri-products and the country welcomes French investment, technology and expertise, in a mutually beneficial way. He said this in

Economic Indicators Showing Positive Growth: Shibli

Federal Minister for Information and Broadcasting Senator Syed Shibli Faraz said that all the economic indicators were showing positive growth which manifested the fact that the present government had put the economy in the right direction. Speaking at the Meet

PSX Sets 60 Minutes for Index-Based Market Halt

The Pakistan Stock Exchange (PSX) has set 60 minutes for Index-Based Market Halt. Accordingly, the Index-Based Market Halt shall be applicable in the last 75 minutes prior to the close of the market. KSE-30 Index continues to trade 5%, above

Trade, industry special significance in economic development of country: Yasinzai

Governor Balochistan Amanullah Khan Yasinzai has said that trade and industry have a special significance in economic development and prosperity of the country. Talking to a delegation of All Karachi Traders Alliance led by Hakeem Shah which called on him