In a significant step towards enhancing Pakistan’s refining capabilities, senior management from Pakistan Refinery Limited (PRL) recently visited China to engage with Engineering, Procurement, and Construction (EPC) contractors and financial institut…
The Oil and Gas Regulatory Authority (OGRA) has announced the estimated revenue requirements and new gas prices for both Sui companies during fiscal year 2024-25.
Official documents seen by ProPakistani reveal that OGRA has proposed an average gas p…
The inquiry committee has identified those responsible for the controversial import of substandard wheat since last year’s regime of the caretakers led by ex-Prime Minister Anwaarulhaq Kakar, high-level sources informed ProPakistani.
In a decisive m…
The retail price of cement has been increased up to Rs. 30 per bag in Pakistan. According to JS Global, cement players in the Northern region have increased prices by up to Rs. 20-30/bag of late to reinstate earlier price levels.
Prices now range be…
Pakistan International Airlines Corporation Limited (PSX: PIAA) will officially close its books at the Pakistan Stock Exchange (PSX) on May 25, 2024.
This date has been set to determine the Class ‘A’ and Class ‘B’ shareholders of the company, a stoc…
Illegal and smuggled cigarettes cause an annual loss of over Rs 310 billion to Pakistan’s economy, a report by the National University of Science and Technology (NUST) said on Tuesday.
At the launch event of the report, Federal Minister of Defence K…
Finance Minister Muhammad Aurangzeb will present the 2024-25 federal budget in parliament on June 7, 2024.
The budget session will initially start on Thursday, June 6, before presenting it in full on Friday (the next day). After Aurangzeb’s budget p…
Shares of PIA Holding Company Limited (PIAHCL) will start trading at Pakistan Stock Exchange at the same price as the final closing rate of Pakistan International Airlines Corp (PSX: PIAA), the airline informed the main bourse on Tuesday.
The openin…
While the November release of quarterly national accounts represents an important step forward for economic statistics in Pakistan, projects are underway for future improvements, including further refinements of seasonally adjusted estimates for even…
The agricultural sector, already burdened by an ongoing wheat crisis, is facing additional challenges as juice and nectar producers reduce their fruit purchases. This downturn is linked to the recent implementation of higher taxes on the industry, re…
