KUALA LUMPUR: Petronas Chemicals Group Bhd is looking to invest RM3bil in capital expenditure (capex) this year.
Chairman Datuk Wan Zulkiflee Wan Ariffin said bulk of the capex would be for the Sabah Ammonia Urea (SAMUR) project.
He said the project was on track for completion and commercialisation in 2016.
“Once commercialised, we will be the second largest urea producer in the ASEAN region,” he said after the group’s AGM on Monday.
PESHAWAR: The Khyber Pakhtunkhwa (KP) government launched the Ehsaas Motorcycle Relief programme, allocating Rs3 billion to support an estimated 1.6...
KARACHI: The Sindh government on Saturday exempted shops, markets, shopping malls, hotels, restaurants, marriage halls and marquees from previously imposed...
LAHORE: The Lahore High Court’s two-member bench comprising Justice Jawad Hassan and Justice Sardar Akbar Ali has ruled that the...
ISLAMABAD: The Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) have collaborated to support Pakistan’s first issuance...
