HeadlinesLNG oversupply strains Pakistan's energy sector, local fuel quality under scrutiny
Power sector's reduced LNG consumption worsens PSO's challenges as refinery upgrades lag behind
Sep 27, 2024
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Headlines
HeadlinesIMF denies link to Pakistan's high-interest loan, stresses structural reforms
Fund clarifies no requirement for 11% loan, highlights ongoing economic vulnerabilities despite stability gains
Sep 27, 2024
HeadlinesRs352bn investment plan approved for NTDC’s transmission system upgrade
Three-year investment plan targets infrastructure upgrades, loss reduction, and capacity enhancement across key grid stations
Sep 27, 2024
HeadlinesGovt revises securities buyback rules to slash debt servicing costs
New buyback and exchange program aims to ease financing strain with lower interest rates.
Sep 27, 2024
HeadlinesPakistan's foreign borrowing dips to $714.74mn in 2MFY25
Country borrowed $9.81 billion and paid $889.16 million in interest during the past five years
Sep 26, 2024
HeadlinesFBR rules out new taxes, mini-budget
Government aims to strengthen action against non-filers without extending tax return deadline
Sep 26, 2024
HeadlinesAttock Petroleum to expand EV charging, retail network, and storage in FY25
APL outlines ambitious growth plans despite challenging market conditions, aiming for sustainable energy and enhanced infrastructure.
Sep 26, 2024
HeadlinesForeign investors pour $55mn into T-bills amidst macroeconomic stability
Stable exchange rate, declining interest rates, and macroeconomic improvements drive investment surge
Sep 26, 2024
World Business NewsQatar becomes first Arab country to receive visa-free access to US
Program allows Qataris to enter the US for business or tourism without a visa for up to 90 days
Sep 26, 2024
HeadlinesGovt halts supplementary grants for additional expenses under austerity drive
Finance ministry restricts fund transfers, allowing exceptions only for natural disasters
Sep 25, 2024
HeadlinesFBR to abolish non-filers category
FBR Chairman criticizes the non-filer category, arguing that such classifications do not exist globally
Sep 25, 2024
HeadlinesTurkish Airlines denies reports of talks to acquire PIA
There are no ongoing negotiations or initiatives to acquire PIA, says THY's Senior Vice President of Media Relations
Sep 25, 2024