Coca-Cola to buy Rs1.43bn worth of coolers from WSPL
KARACHI: Coca-Cola Beverages will buy 1.43 billion worth of chest coolers and visi coolers from Waves Singer Pakistan (WSPL), a bourse filing said. “For the...
NEPRA notifies social investment guidelines for power sector
KARACHI, PAKISTAN: Power sector regulator has notified the code to encourage initiatives to protect the environment and to effectively mitigate adverse climate change, promote the...
Pakistan seeks two LNG cargoes in November 2021
KARACHI: Pakistan LNG Limited (PLL) has issued tender for the import of two LNG cargoes to be delivered on November 19-20 and November 26-27, 2021....
Waqar Siddiqui appointed CE & MD of Shell Pakistan
KARACHI, PAKISTAN: Waqar Siddiqui has been appointed as the Chief Executive & Managing Director of Shell Pakistan Limited (SPL) with effect from November 01, 2021,...
Pakistan Stock Exchange reverts back to old trading system
KARACHI, PAKISTAN: Pakistan Stock Exchange (PSX) had implemented the new trading system (NTS), which was procured from the Shenzhen Stock Exchange (SZSE), China, and went...
Pakistan Petroleum seeks two mining licenses in Baluchistan
KARACHI: Pakistan Petroleum Limited (PPL) has submitted an Expression of Interest (EoI) for acquiring mining rights in two blocks in Balochistan, a province of Pakistan, which shares...
PIA receives delivery of A320 aircraft
KARACHI: Pakistan International Airlines (PIA) has received delivery of the second A320 aircraft acquired on dry lease. The A320 aircraft reached Islamabad airport from Paris....
Archroma Pakistan declares force majeure due to raw material shortage
KARACHI: Archroma Pakistan has declared force majeure effective Thursday due to inability to manufacture and supply goods as the company’s raw material supply lines have...
PLL’s LNG tender for 8 cargoes receives zero bids
KARACHI, PAKISTAN: These winters are going to be even colder primarily due to severe gas shortage, while the LNG tender issued by Pakistan LNG Limited...
Air Link plans Rs500 million mobile manufacturing subsidiary
KARACHI: Air Link Communication is planning to incorporate a wholly owned subsidiary, Select Technologies (Pvt) Ltd, to take on additional mobile manufacturing of specific brands...
SNB plans divestment of Samba Bank Pakistan
KARACHI: Saudi National Bank (SNB) has approved the commencement of an orderly well managed divestment of Samba Bank Limited (SBL) Pakistan. According to a bourse...
Ghani Global to sell Ghani Chemical Industries shares in IPO
KARACHI, PAKISTAN: Ghani Global Group will sell around 50 per cent shares in its subsidiary Ghani Chemical Industries Limited (GCIL) through an initial public offering...