Lahore, July 15, 2020: With Punjab Mass Transit Authority (PMA) and NESPAK-CEC’s strong support, the completion acceptance of E&M works undertaken by CR-NORINCO for OLMT have been confirmed and signed by Owner’s representatives on July 13, 2020. The project is currently being handed over by full support from CR-NORINCO, under a unified arrangement with PMA….
Karachi, 15 june, 2020: As part of its active engagement in the fight against COVID-19, Archroma, a global leader in color and specialty chemicals towards sustainable solutions, started bulk production of a new range of hand sanitizers at its Landhi site in Pakistan in May 2020. The new Kieralon HS range was developed by the R&D team at the…
Islamabad, July 15, 2020: Pakistan’s Oil and Gas Regulatory Authority (OGRA) has determined prescribed prices for FY21 at PKR 623.31/mmbtu and PKR 750.90/mmbtu for Sui Northern Gas Pipelines Limited (SNGP) and Sui Southern Gas Company Limited (SSGC), respectively. This translates to a reduction of 6 percent and 2 percent against last year, while SNGP and…
KARACHI, July 15, 2020: Auto sales saw a strong recovery of 93 percent month on month (MoM) in Jun-2020, mostly due to low base effect as the lockdown persisted for most part of May. According to official statistics, some 8,753 units were sold in the last month of FY20. A more telling barometer has traditionally…
Pakistan Stock Exchange (PSX) benchmark KSE100 Index continued its bull run for the 13th consecutive session to close at 36,745 level, up 0.35 percent. Persistent drop on active Coronavirus cases and higher home remittances inflows in FY20 kept the sentiment upbeat. Investor interest was mainly observed in E&Ps sector where PPL closed 1.1 percent higher with…