ISLAMABAD ( BMZ REPORT ) Federal Minister for Petroleum and Natural Resources, Mr Shahid Khaqan Abbasi announced that Oil & Gas Development Company Limited (OGDCL) has made three discoveries of oil and gas from its exploratory wells namely Gundanwari-1, Mithri-1 and Khamiso well-1, which are located in Districts Ghotki andRead More →
ISLAMABAD ( BMZ REPORT ) Barrister Syed Ali Zafar today submitted his arguments in the case challenging NEPRA’s jurisdiction and decision to modify its tariff for more than 19 companies. Barrister Zafar, representing the Petitioners, submitted that as far back as the year 2007, the Government of Pakistan and NEPRA,Read More →
LAHORE ( HAFEEZ REPORT ) Fauji Fertilizer Company Limited (FFC) announced Nine-Month Financial results for 2016 with levy of super tax translated into net earnings of Rs. 7.51 billion for the period with an EPS of Rs. 5.90. A record production of 1,876 thousand tones attributable to restored natural gas quotaRead More →
ISLAMABAD ( BMZ REPORT ) Pakistan Microfinance Network (PMN) observed the “International Day for the Eradication of Poverty” in Islamabad. The initiative is supported by UKAID, The World Bank Group, ACTED, EasyPaisa, ECI, Ubank, Khushali Microfinance Bank, First Microfinance Bank, Engro Foundation and Data Check. The event had active participation of 80 persons representing StateRead More →
LAHORE ( HAFEEZ REPORT ) PepsiCo, Inc. (NYSE: PEP) has announced an ambitious global sustainability agenda designed to foster continued business growth by taking important steps to address environmental, health and social priorities all around the world. According to an announcement of the company on Monday 17th October, the company’sRead More →
ISLAMABAD ( MEDIA REPORT ) The State Bank of Pakistan (SBP) will issue Rs. 10 regular coin from Monday (Oct 24) through the exchange counters of all the field offices of SBP Banking Services Corporation. The Federal Government through a notification authorized the SBP to issue Rs. 10 regular coinRead More →
KARACHI ( PRESS RELEASE ) Pakistan State Oil Company Limited, the leading oil marketing company of the country, held its 40th Annual General Meeting (AGM) at a local hotel in Karachi. The meeting was chaired by Mr. Sheikh Imran Ul Haque, Managing Director and CEO of PSO. Present at the meetingRead More →
ISLAMABAD ( BMZ REPORT ) President Mamnoon Hussain has said that the government needed to increase tax revenue for the better development of the country and uplifting peoples living standards and business community should cooperate with it in its efforts for broadening tax base and improving tax revenue. He saidRead More →
ISLAMABAD ( BMZ REPORT ) The Islamabad Chamber of Commerce and Industry has shown great concerns over falling foreign direct investment which has declined 38 percent in the first quarter of 2016-17 as it has come down to just $ 249 million compared to $ 403 million during the correspondingRead More →
GWADAR ( BMZ REPORT ) First Chinese ship finally arrived at Gwadar port that is center of $46 billion China-Pakistan economic corridor (CPEC) project between Beijing and Islamabad, Media reported. The project is the beginning of a journey of prosperity of Pakistan. The economic corridor is about 3000 Kilometres longRead More →
ISLAMABAD ( BMZ REPORT ) President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Friday said Pakistan should not bow to international pressure to allow trade between India and Afghanistan through its soil.Read More →
ISLAMABAD ( BMZ REPORT ) FFC Annual Report 2015 was adjudged Chemical Sector Best, Overall First and also First in Sustainability by the joint evaluation board of the Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost Management Accountants of Pakistan (ICMAP). On this auspicious occasion, Chief ExecutiveRead More →