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CNG stations to stay shut for 24 hours

Source: Geo News | 26-09-2013

KARACHI: All the CNG stations in Sindh will remain closed on Thursday (today) as part of the Gas Load Management Plan, Geo News reported.

The fuel stations will stay shut for 24 hours from Thursday 8:00 am to Friday 8:00 am.

SBP introduces changes in â€˜Statement of Financial Positionâ€™

Source: The Nation | 23-01-2013

In order to streamline and standardize disclosures of Islamic Banks/Islamic Banking Branches, the State Bank of Pakistan has decided to introduce certain changes in the `Statement of Financial Position’ and the relevant notes. According to a statement of the central bank issued Tuesday after making certain changes, the head `Financings’ used b..... Read more

LSM sector recorded minor growth in 6 months

Source: The Nation | 13-02-2013

Pakistan’s large scale manufacturing (LSM) sector has recorded minor growth of 2.12 percent during first half (July-December) of ongoing financial year 2012-13 mainly due to persistent energy shortages, unfavourable law and order situation and weak global economic environment. Poor law and order situation, political uncertainty, acute energy..... Read more

Oil prices mixed after weak US jobs report

Source: Geo News | 05-08-2013

SINGAPORE: Oil prices were mixed in Asian trade Monday after a tepid US jobs report last week raised concerns about demand in the world's top crude consumer, analysts said. New York's main contract, West Texas Intermediate for delivery in September, shed two cents to $106.92 a barrel in morning trade, and Brent North Sea crude for September rose nin..... Read more

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