HeadlinesRefinery costs set to soar as govt blocks tax adjustments
New tax rules tighten margins for refineries, threatening upgrade projects and adding financial strain amid declining product demand
Oct 30, 2024
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Headlines
HeadlinesPakistan struggles with declining foreign inflows as it secures $1.3 billion in Q1
Amid regional funding delays and lower commercial borrowing, Pakistan leans on multilateral aid to navigate fiscal challenges in the first quarter of FY 2024-25
Oct 30, 2024
HeadlinesChina urges Pakistan to enhance security measures for CPEC projects
In light of recent attacks, the Chinese envoy demands stricter actions against anti-China terrorist activities to protect investment
Oct 30, 2024
HeadlinesGermany objects to terms of Pakistan's IPP agreements, cites concerns over deal with Rousch Power
This protracted issue could potentially cast a shadow over future bilateral relations and affect investor confidence, says German official
Oct 30, 2024
HeadlinesBlue World City qualifies for PIA stake bidding as major consortia opt out: report
Group is also looking into acquiring operations of the Islamabad International Airport, says chairman of Blue World City
Oct 30, 2024
HeadlinesDar advocates for stable rupee value, opposes free-floating exchange rate
Maintaining the PKR between Rs 235 and Rs 240 aligns with Pakistan’s economic fundamentals and prevents undue stress on the economy, says DPM
Oct 30, 2024
HeadlinesPakistan hires three law firms for Iran Gas Pipeline arbitration in Paris
Government officials cite US sanctions as the primary reason for the delay in the construction of the IP gas project
Oct 30, 2024
HeadlinesAramco launches first fuel station in Pakistan
Saudi oil giant partners with GO to transform the retail fuel landscape
Oct 29, 2024
HeadlinesPPL reports 24% profit decline due to lower sales and rising costs
Pakistan Petroleum Limited's Q1 profits fall to Rs22.69 billion, prompting a review of financial performance and a cash dividend announcement.
Oct 29, 2024
World Business NewsSaudi wealth fund prioritizes local economy, reduces foreign investments
Oct 29, 2024
World Business NewsOver 200,000 cancel Washington Post subscriptions after Bezos’ endorsement ban
Oct 29, 2024
HeadlinesPakistan Railways pushes for 130% cost hike for bogie procurement
Rising exchange rates, procurement setbacks drive Pakistan Railways to seek higher project costs to modernize its fleet and enhance operational efficiency
Oct 29, 2024