Author: Admin

Petrol, Diesel Prices Set for Third Consecutive Reduction

Admin
petrol-price

ISLAMABAD: The prices of major petroleum products, including petrol and high-speed diesel (HSD), are set to drop for the third consecutive fortnight, with an expected reduction of around Rs5-6 per litre starting September 1. This decrease is primarily due to lower international market rates. Informed sources reported a decline in the international prices of petrol and HSD by $2 to $2.30 per barrel over the last fortnight. With the final exchange rate and existing tax rates taken into account, petrol and HSD prices are anticipated to fall by Rs5 to…

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Jam Kamal & German Minister for Economic Cooperation Witness MoU Signing

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MoU-Signing

PCCI to Set Up Responsible Business Helpdesk (RBH) with GIZ CooperationSaquib Fayyaz Magoon, Acting President FPCCI Karachi: Mr. Saquib Fayyaz Magoon, Acting President FPCCI and Ms. Maria Jose Poddey, Country Director, GIZ Pakistan, have signed the MoU between FPCCI & GIZ to establish Responsible Business Helpdesk (RBH) at FPCCI in the esteemed presence of Mr. Jam Kamal Khan, Honorable Federal Minister for Commerce, Pakistan and Ms. Svenja Schulze, Honorable Federal Minister for Economic Cooperation & Development (BMZ), Germany. Mr. Saquib Fayyaz Magoon, Acting President FPCCI, apprised that the business community…

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Nestlé for Healthier Kids (N4HK) room inaugurated by Beatrice Guillaume-Grabisch at The Trust School Lahore to promote nutritional awareness

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Nestlé

Nestlé for Healthier Kids (N4HK) room inaugurated by Beatrice Guillaume-Grabisch at The Trust School Lahore to promote nutritional awareness February 27, 2025 LAHORE: Nestlé Pakistan inaugurated the Nestlé for Healthier Kids (N4HK) room at The Trust School Lahore to foster and promote nutrition awareness. The N4HK program is part of Nestlé’s global nutritional awareness initiative to ensure that children understand the value of nutrition as they grow older. So far the program has reached out to 360,000 kids, trained more than 2300 teachers and has developed 17 N4HK Rooms with…

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OGRA Warns PSO and OMCs to Lift HSD or Face Legal Action

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OGRA

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has issued a stern warning to Oil Marketing Companies (OMCs), including Pakistan State Oil (PSO), to promptly lift high-speed diesel (HSD) from local refineries or face legal consequences. In a letter addressed to PSO and other OMCs, OGRA highlighted the low HSD uplift during the first half of August 2024, which fell short of the allocated volumes determined in the Petroleum Reserves (PR) meeting. The companies named include Attock Petroleum, Shell Pakistan Ltd, Total Parco, and several others. OGRA emphasized that the…

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