Pakistan Oilfields’ profit jumps up by 66 percent in first half

KARACHI: The net profit of Pakistan Oilfields Limited (POL) has surged by 66 percent for the six-month period ended December 31, 2018. Read more »

Attock Cement announces completion of Iraq project

KARACHI: Attock Cement Pakistan Limited (ACPL) on Monday announced that its project in Iraq is ready at commissioning state and the company will start production very soon. Read more »

PIA starts Sialkot to Paris, Barcelona flight operation

KARACHI: Pakistan International Airlines (PIA) has started flight operation between Sialkot to Paris and Barcelona, a spokesman said on Saturday. Read more »

Ikram Sehgal appointed as K-Electric new chairman

KARACHI: The board of directors of K-Electric – the power supply company – has appointed Ikram Sehgal as Director and Chairman of the company. Read more »

Colgate-Palmolive to deposit unclaimed dividend amount to national kitty

KARACHI: Colgate-Palmolive (Pakistan) Limited has announced that it will deposit the amount of unclaimed shares and unpaid dividend to the national kitty. Read more »

Last day for non-compliant mobile phones

ISLAMABAD: Today is the last date for non-compliant mobile phones to remain operational without service interruption, a notification said. Read more »

Preliminary report on Karachi deep sea drilling submitted

KARACHI: A multinational join venture has prepared preliminary report of offshore drilling for oil and gas in Karachi ultra-deep waters. Read more »

DRAP notifies up to 15 percent increase in medicine retail prices

ISLAMABAD: Drug Regulatory Authority of Pakistan (DRAP) has notified increase in maximum retail price of medicines up to 15 percent.       A notification issued by the DRAP said that the... Read more »

Imran Farookhi given acting charge of MD SSGC

KARACHI: The board of directors (BoD) of Sui Southern Gas Company Limited (SSGC) has appointed Imran Farookhi as acting Managing Director for a period of 90 days, a statement said.    ... Read more »

Auto sales post 12-year growth in December on MoM basis

KARACHI: Pakistan Auto sales are up by percent Year-on-Year (YoY) in December 2018, as against 17 percent YoY decline in November 2018.       Moreover, sales are up 11 percent Month-on-Month... Read more »

Cement dispatches down to 3.87 million tons in December

KARACHI: Provisional cement data for the month of December 2018 indicates a 1 percent MoM decline in dispatches to 3.87 million tons (November 2018 at 3.90 million tons) owed to weak demand... Read more »