The Senate Cabinet Secretariat Committee after a detailed inquiry transpired that no prosecutions and no convictions so far have been… Read More
Lotte Chemical Suspends Plant Operations Till Further Notice
Lotte Chemical Pakistan Limited (PSX: LOTCHEM) has decided to temporarily suspend plant operations till further notice. In a stock filing,… Read More
Tri-Star Power Limited Accuses Turkish Bidder of Share Price Manipulation
Electricity producer Tri-Star Power Limited (PSX: TSPL) said on Monday the potential Turkish acquirer Aykut Çalikuu is causing “undue movement”… Read More
Hascol Approves Modified Scheme of Arrangement to Address Debt Issues
Hascol Petroleum Limited (PSX: HASCOL) on Monday approved a modified draft Scheme of Arrangement which encapsulates certain amendments/suggestions proposed by… Read More
Mobile Networks Are of Poor Quality in Pakistan: Parliamentarians
The National Assembly Standing Committee on Information Technology and Telecommunication on Monday asked the Pakistan Telecommunication Authority (PTA) to address… Read More
PM Approves New Support Price for Cotton to Facilitate Farmers
Prime Minister Shehbaz Sharif at today’s meeting of the Agriculture Task Force has given in-principle approval to set the price… Read More
Siemens Pakistan Intends to Sell Its Energy Portfolio
Siemens (Pakistan) Engineering Company Limited (PSX: SIEM) intends to sell its energy portfolio to a non-affiliated entity of Siemens Energy… Read More
Govt Considers Relaxing Network Rollout Obligations for Telcos
The government is considering relaxing network rollout obligations for Cellular mobile operators (CMOs) while pleading letters of credit as a… Read More
Maple Leaf Buys 15.08% Stake in Pioneer Cement Ltd
Maple Leaf Cement Factory Limited (PSX: MLCF) has purchased 9.5 million voting shares of Pioneer Cement Limited (PIOC). According to… Read More
FBR Directs 100 Big Retailers to Integrate With POS System
The Federal Board of Revenue (FBR) has directed 100 unregistered retailers (Tier-1) to integrate them with the FBR’s Point of… Read More
SECP Registers 2,414 Companies in February 2023
The Securities and Exchange Commission of Pakistan (SECP) registered 2,414 new companies in February 2023, bringing the total number of… Read More
Govt Again Delays Approval of Personal Data Protection Bill
The Approval of the Personal Data Protection Bill, which has been pending for five years, will be further delayed. The… Read More
