CDA reduced transfer fee by 1 percent
ISLAMABAD – Capital Development Authority (CDA) board on Thursday reduced the rate of transfer fee on transfer of the properties located in the limits of CDA from 03 percent to 01 percent of the value of the property as notified by the FBR”. Chairman CDA…
Oil prices surge 13% MoM in Pakistan
ISLAMABAD (April 1) – Amid the geopolitical tensions of the Israel-US conflict with Iran, oil sales volumes surge by 13 percent in March 2026 over February. The sales volume of OMCs reached a total of 1.44 million tons, while the year-on-year (YoY)…
petroleum products subsidized up to Rs 176 per litre
ISLAMABAD (March 21) – Pakistan will absorb a significant hike in global oil costs to maintain domestic fuel stability weekly despite global price surges of Rs 176.41 per litre for High-Speed Diesel (HSD) and Rs 77.98 per litre for petrol. According to a…
Russia start reviving Pakistan Steel Mills in 2027
ISLAMABAD (Feb 22) Pakistan and Russia have set a 2027 start date for the construction phase of the Pakistan Steel Mills revision and expansion project. Work on PSM will commence upon signing the EPC (Engineering, Procurement, Construction) contract with…
LPG cylinder price hike by Rs. 126
ISLAMABAD (Dec 31, 2025) – The Oil and Gas Regulatory Authority (Ogra) has issued a notification announcing an increase in liquefied petroleum gas (LPG) prices by Rs 10.68 per kg for January 2026. According to the notification, the price of LPG has…
IMF acknowledged 280 proposed amendments in Company Act 2017
ISLAMABAD (Dec 13) – The Cabinet Committee on Regulatory Reforms Sub-Committee proposed over 280 amendments to reduce compliance burdens on private sector firms, and the simplification of outdated resolutions and approvals in Companies Act 2017.…
SNGPl’s profit declines FY 25 due to reduction in ROA
ISLAMABAD (Dec 10) – Corporate Briefing Key Takeaways Sui Northern Gas Pipeline (SNGP) conducted its analyst briefing on Wednesday, where management discussed financial performance and future outlook. Management plans to install 300,000 RLNG…
Telenor Pakistan and UNICEF Advance Child Online Protection, Championing Safety in Pakistan’s Digital Space
ISLAMABAD – Telenor Pakistan and UNICEF jointly hosted the closing ceremony of their three-year partnership (2022–2025) dedicated to advancing child online protection. The event brought together representatives from government bodies including…
CCP authorizes acquisition of Elite Hospitality Ventures by JS Hotel REIT
ISLAMABAD, Dec 1: The Competition Commission of Pakistan (CCP) has authorized the proposed acquisition of Elite Hospitality Ventures (Private) Limited by JS Hotel REIT. The approval granted under Section 11 of the Competition Act, 2010 and the…
Cut on all petroleum products wef Dec 1
ISLAMABAD – The federal government has announced a reduction in the prices of key petroleum products, effective for the first fortnight of December (December 1-15). The decision follows recommendations from the Oil and Gas Regulatory Authority…