BUSINESS

  • COAS is set to host an Iftar on April 7

    Chief of Army Staff (COAS) General Asim Munir is set to host an iftar on April 7 in Rawalpindi for the national team amidst Pakistani cricket team’s training at the fitness camp in Kakul, Pakistani team is part of a fitness camp in Abbottabad, where they are trained and worked out at the Army School…

  • PIA moves forward with privatization plans

    The Board of Directors of Pakistan International Airlines Corporation Limited (PIACL) has taken a significant step towards the privatization of the national carrier by approving a Scheme of Arrangement (SOA) in its 83rd meeting held in Islamabad. This decision, aimed at restructuring the airline, was sanctioned along with its ancillary modalities and is set to…

  • OGRA HOLDS PUBLIC HEARING AT LAHORE ON SNGPL ERR FY 24-25

    The Oil and Gas Regulatory Authority (OGRA) is conducting a public hearing at Lahore on March 25, 2024 on the petition of Sui Northern Gas Pipelines Limited (SNGPL) for Determination of its Estimated Revenue Requirements / prescribed prices for FY 2024-25. The Petitioner (SNGPL) has projected average Prescribed Price Rs. 4,446.89 per MMBTU including previous…

  • SECP’s meeting-cum-webinar on Risk Based Capital Regime for Insurance Sector

    ISLAMABAD, March 21: The Securities and Exchange Commission of Pakistan (SECP) held a session for the insurance industry participants to provide an overview of the Risk Based Capital (RBC) Regime and walk-through of the recently disseminated RBC templates. The meeting was attended by the CEOs, finance and risk professionals of insurance industry. The webinar was…

  • Finance Minister applies for resumption of Pakistani citizenship

    ISLAMABAD : The Federal Government has resumed Pakistani citizenship of newly appointed Finance Minister Muhammad Aurangzeb who is now poised to elect Senator on technocrat seat from Punjab.On March 11, 2024, the Federal Cabinet was informed that Muhammad Aurangzeb s/o Mohammad Farooq had applied on Form-Y for resumption of his Pakistani citizenship. Muhammad Aurangzeb had…

  • OGRA notifies tariff raise for RLNG upto 2.58 per mmbtu

    ISLAMABAD – Oil and Gas Regulatory Authority (OGRA) on Wednesday raise the monthly tariff of imported RLNG upto 2.58 per mmbtu for both gas companies- Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company (SSGC) with effect from March 1, 2024. The increase in RLNG prices is due to increase due to increase…