Shipping containers are seen stacked on a ship at a sea port in Karachi on April 6, 2023. — AFPMove to encourage investment in manufacturing, export sectors.Proposal first floated by PM Shehbaz in meeting with Erdogan.Turkish officials expected to visit soon, will inform of…
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No fuel shortage in Pakistan, clarifies Ogra
In this photo, an overview shows tankers parked outside a local oil refinery in Pakistan’s port city of Karachi. — AFP/fileOgra denies reports of fuel shortage across Pakistan.Two petrol and diesel vessels cleared to stabilise supply.Authority says import clearance delays have now…
Open-bidding ceremony underway for PIA privatisation
Three bids received for national carrier in televised auction.Auction follows last year’s failed attempt due to low bid.PIA’s prospects improve with debt assumption, lifted bans.
The second open-bidding ceremony for the privatisation of Pakistan International Airlines is…
Petrol, diesel prices may see sharp increase if Middle East conflict continues
A fuel station worker filling petrol in a motorcycle in Karachi, on January 1, 2026. — PPIOfficials say int’l diesel prices have increased by 30%.Calls revived to form a strategic petroleum reserve.PSO asked to explore alternative oil and diesel sources.
KARACHI: The…