KARACHI: Pakistan’s addiction towards imported fossil fuels, which now has shifted towards liquefied natural gas (LNG) as a replacement fuel, undermines the country’s energy security and financial stability, IEEFA’s latest report suggests. “LNG sourced from global markets now costs 5 to 10 times more expensive than domestically produced gas in Pakistan,” Haneea Isaad, the co-author … Read more
KARACHI: The Pakistan Stock Exchange (PSX) made it mandatory for the Trading Right Entitlement (TRE) certificate holders to segregate customers’ funds and securities from their own funds, a statement said. “Every TRE certificate holder is to ensure the protection of its customers’ funds and securities at all times and must refrain from comingling of its … Read more
LHASA: After more than three years of construction, the largest airport terminal in southwest China’s Tibet Autonomous Region began operation on Saturday. The new terminal of Lhasa Gonggar Airport looks like a lotus flower from above. It will help the airport meet the target of handling 9 million passengers and 80,000 tonnes of cargo and … Read more
British Airways and AirPortr have partnered up to provide additional quick bag drop locations at Heathrow Terminal 5. Customers will be able to drop off their bags quickly and securely at the Heathrow Express train platforms, allowing them to go bag-free directly through security. Before being picked from the reclaim at their destination, the team … Read more
