Pakistan Government to issues Rs70 billion TFCs Thursday, May 10, 2012: The Government of Pakistan is mulling over the option of issuing Rs70 billion TFCs (term finance certificates) in order to curb inter-corporate debt and tackle the power crisis. The government has decided to raise this amount from the reserves of Oil and Gas Development […]
May 11 2012 | Posted in
Business,
Pakistan |
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Economic Coordination Committee turns down Mari Gas request to increase exploration expenditure Thursday, January 26, 2012: Mari Gas request to increase its exploration expenditure from $20 million to $40 million per annum has been cast off by the Economic Coordination Committee (ECC). The ECC not just turned down the request they also referred the […]
Jan 27 2012 | Posted in
Business,
Pakistan |
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Failing to hold on to the bullish trend, the KSE-100 Index dropped 106 points to close at 11,763 points on Tuesday, November 1. Volumes dropped below the 100 million mark yet again with 84.4 million shares being traded in the first session of November. After gaining more than 550 points in the last two sessions, […]
Nov 1 2011 | Posted in
Business |
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