Tue, 21-Oct-2025

Deadlock persists as talks between Petroleum ministry, dealers fail

Petrol Prices

Ministry of Petroleum and gasoline retailers continue to disagree over dealers’ commission. If no resolution is reached by July 18, “Petrol pumps will be shut off across the nation,” says PPDA. Flags with the PPDA’s demands and a call for a strike were placed at the gas stations. ISLAMABAD: According to ARY News on Saturday, … Read more

Ronshine, a Chinese real estate developer, fails to make interest payments

Ronshine

Ronshine China Holdings has not made interest payments. On its June 2023 and December 2023 notes, totalling $27.9 million. The developer said it hoped that creditors will give it a certain buffer time to resolve the funding issues. Chinese property designer Ronshine China Holdings Ltd (3301.HK) has not made revenue installments on its June 2023 … Read more