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EETL's expansion plan hits snag


EETL’s expansion plan hits snag
Business
May 20, 2021
LAHORE: Engro Elengy Terminal Private Limited (EETL) could not expand its re-gasified liquified natural gas (RLNG) capacity due to red-tapism, while the approvals are awaiting clearance from National Accountability Bureau (NAB), The News learnt on Wednesday.
Sources said Sui Southern Gas Company (SSGC) is not giving necessary approvals on account of unsubstantiated excuses, like violation of procurement rules and NAB inquiries. “Neither EETL nor its partner is implicated in any NAB inquiry. Misinformation of this degree is propagated only to halt progress and, instead, protect the existing monopolistic structure of today’s gas market,” a company official said, requesting anonymity. ....

Port Qasim , National Accountability Bureau , Engro Elengy Terminal Private Limited , Engro Corporation , Sui Southern Gas Company , Planning Commission , Economic Coordination Committee On , Maritime Affairs Ali Zaidi , Pakistan Gasport Consortium , Port Qasim Authority , Economic Coordination Committee , Pakistan Gasport Consortium Limited , Pakistan Gasport , போர்த் கேஸிம் , தேசிய பொறுப்பு பணியகம் , ஸூயீ தெற்கு வாயு நிறுவனம் , திட்டமிடல் தரகு , பொருளாதார ஒருங்கிணைப்பு குழு ஆன் , கடல் வாழ்க்கைத்தொழில்கள் அலி ஜைய்தி , பாக்கிஸ்தான் கேஸ்போர்ட் கூட்டமைப்பு , போர்த் கேஸிம் அதிகாரம் , பொருளாதார ஒருங்கிணைப்பு குழு , பாக்கிஸ்தான் கேஸ்போர்ட் கூட்டமைப்பு வரையறுக்கப்பட்டவை , பாக்கிஸ்தான் கேஸ்போர்ட் ,

Cabinet okays ordinances for transparency in polls, giving voting right to expatriates


Daily Times
Fawad warns if Covid SOPs aren t implemented in Karachi, whole country will be affected soon
May 5, 2021
The federal cabinet on Tuesday approved two important ordinances as part of the electoral reforms process to ensure transparency in elections and grant right of vote to the overseas Pakistanis by introduction of modern technology.
Briefing media about the decisions taken in the cabinet meeting, chaired by Prime Minister Imran Khan, Minister for Information and Broadcasting Chaudhry Fawad Hussain said one ordinance would enable the Election Commission of Pakistan (ECP) to use electronic voting machines (EVMs) in elections and the other would empower it to take steps to give voting right to the overseas Pakistanis. ....

Nawaz Sharif , Ahsan Iqbal , Asif Zardari , Shehbaz Sharif , Imran Khan , Syed Aminul Haq , Chaudhry Fawad Hussain , Maryam Nawaz , National Accountability Bureau , Election Commission Of Pakistan , Technology Shibli Faraz , Economic Coordination Committee On , European Union , Information Technology , Election Commission , Pakistan Democratic Movement , Prime Minister Imran Khan , Broadcasting Chaudhry Fawad Hussain , Information Technology Minister Syed Aminul Haq , Standard Operating Procedures , Khyber Pakthunkhwa , Economic Coordination Committee , Pakistan Tehreeke Insaf , Bilawal Bhutto Zardari , Holy Prophet , Peace Be Upon Him ,

KSE-100 dives 2.7% as Covid cases rise


KSE-100 dives 2.7% as Covid cases rise
Stocks battered as fears of lockdown and impact on economy intensify
KARACHI:
The euphoria of the past two weeks subsided as the Pakistan Stock Exchange felt the brunt of rising coronavirus infections across the country. The spike in Covid cases, coupled with developments on the political front mounted selling pressure, pushing the index 1,221 points or 2.7% in the red to end at 44,301 points.
Bears took control on Monday as the market plunged over 1,000 points on back of surging Covid-19 cases, particularly in Punjab, due to which the government also imposed a smart lockdown in various districts. ....

Abdul Hafeez Shaikh , Abdul Razak Dawood , Tabish Gauhar , Engro Corporation , International Monetary Fund , Pakistan Petroleum , Pakistan Bureau Of Statistics , Pakistan State Oil , World Bank , Arif Habib , Fauji Cement Company , Economic Coordination Committee On , Pakistan Stock Exchange , Services Industries , Special Assistant , Prime Minister , State Bank , Economic Coordination Committee , Commerce Abdul Razak Dawood , Pakistan Bureau , Arif Habib Limited , Lucky Cement , Kse 100 , Co Vid , அப்துல் ஹபீஸ் ஷேக் , அப்துல் ர்யாஸக் தாவூத் ,

Market watch: Bourse turns bearish, falls 160 points


Market watch: Bourse turns bearish, falls 160 points
Benchmark KSE-100 index dips 0.36% to settle at 44,428.1
Shares of 391 companies were traded. At the end of the day, 102 stocks closed higher. PHOTO: REUTERS
KARACHI:
Despite a host of positive news reports, Pakistan bourse turned bearish on Thursday as the KSE-100 index shed 160 points primarily due to cabinet’s refusal to resume trade with India.
In view of shortage of sugar and cotton, the Economic Coordination Committee on Wednesday gave the go-ahead to economic managers to import the commodities from the neighbouring country. However, the cabinet did not endorse it.
In addition to that, rising Covid-19 cases across the country dented investor spirits as fears mounted of a nationwide lockdown. Many European nations also moved to either toughen the lockdown restrictions or impose a nationwide lockdown in wake of soaring infections. ....

Livzon Mapharm , Ghani Global Holdings , Arif Habib , Economic Coordination Committee On , Byco Petroleum , Pakistan Stock Exchange , Pakistan Telecommunication Company , National Clearing Company Of Pakistan , Economic Coordination Committee , Arif Habib Limited , Danish Ladhani , Unity Foods , Attock Refinery , National Clearing Company , கானி உலகளாவிய ஹோல்டிங்ஸ் , ஆரிப் ஹபீப் , பொருளாதார ஒருங்கிணைப்பு குழு ஆன் , பயகா பெட்ரோலியம் , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , பாக்கிஸ்தான் தொலைத்தொடர்பு நிறுவனம் , தேசிய அழித்தல் நிறுவனம் ஆஃப் பாக்கிஸ்தான் , பொருளாதார ஒருங்கிணைப்பு குழு , ஆரிப் ஹபீப் வரையறுக்கப்பட்டவை , டேனிஷ் லதானி , ஒற்றுமை உணவுகள் , தேசிய அழித்தல் நிறுவனம் ,