Pakistan’s exporters have urged the government to explore improved bilateral trade arrangements and study markets where regional competitors India and Bangladesh enjoy preferential access, as shifting global trade rules intensify pressure on the country’s export competitiveness. The development came during a high-level meeting held between Federal Minister for Commerce Jam Kamal Khan and leadin
The name and trading symbol of S.G. Power Ltd have been changed to Crestwell Healthcare Ltd following a request from the company. “All market participants are hereby informed that the security name of S.G. Power Limited has been changed to Crestwell Healthcare Limited and the National Clearing Company of Pakistan Limited (NCCPL) has assigned a new security symbol, i.e. CWHC, as per the request
The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of a shareholding in Engro Polymer & Chemicals Limited (EPCL) by Lotte Chemical Pakistan Limited (LCPL) from Engro Corporation Limited, following a Phase-I competition assessment under the Competition Act, 2010, read a statement on Tuesday. LCPL is a public limited company engaged in the manufacture and supply of
In its daily fuel price review for October 21, the government increased the petrol price by 88 paise to Rs382.02 per litre from Rs381.14. Similarly, the price of High-Speed Diesel (HSD) saw an increase of 53 paise per litre from Rs389.27 to Rs389.80. The latest prices reflect trends in the global oil markets over the last seven days. Average refined petrol prices eased to USD 120.35 per barrel
Oil prices edged higher on Wednesday on Middle East supply concerns, with traders wary of Red Sea shipping risks and threats to oil infrastructure in Saudi Arabia. Brent crude futures rose 85 cents, or 0.78%, to $109.64 per barrel as of 0022 GMT. US West Texas Intermediate (WTI) crude rose 76 cents, or 0.78%, to $98.58 per barrel. A supertanker caught fire after striking a sea mine south o