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Oil prices down on US debt ceiling concerns

Source: Geo News | 07-10-2013

SINGAPORE: Oil prices edged lower in Asian trade Monday on growing concerns the US budget crisis could spiral into a devastating debt default and ravage the global economy.

New York's main contract, West Texas Intermediate for delivery in November

fell 57 cents to $103.27 in mid-morning trade, while Brent North Sea crude for November eased 40 cents to $109.06.

Energy: Power generation capacity expected to jump 46% by 2018

Source: Tribune | 08-04-2013

After five years of unbearably long daily power outages, Pakistan’s private sector has had enough: over the next five years, they plan on investing over $14.3 billion in increasing the nation’s power production capacity by nearly 46%, and they are doing so by investing in the cheapest possible sources of electricity. According to data rele..... Read more

PTCL dominant player in broadband segment

Source: The Nation | 08-04-2013

Pakistan’s broadband segment is making rapid progress and posted steady growth during the year 2012, asserts the annual report of PTA. The segment is led by country’s leading integrated telecommunication services provider, Pakistan Telecommunications Company Limited (PTCL), which further strengthened its position by claiming more than 60pc ..... Read more

Senate passes Securities and Exchange Commission amendment bill

Source: Dawn News | 13-03-2013

he Senate on Tuesday unanimously passed the Securities and Exchange Commission of Pakistan (Amendment) Bill of 2013 aimed at regulating the domestic capital market and safeguarding the interest of investors. The bill was introduced by Finance Minister Saleem Mandviwalla.According to proponents of the legislation, the purpose of the bill is to amend the ..... Read more

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