CCP approves two mergers; allows takeover of LNG terminal operators
ISLAMABAD: In a move to solve the lack of investment in Pakistan's energy sector, the Competition Commission of Pakistan (CCP) has given its stamp...
IT minister and Huawei Pakistan CEO discuss “digital financial revolution”
ISLAMABAD: In a stride toward advancing financial access and embracing transformative opportunities, Ethan Sun, CEO of Huawei Pakistan, held a pivotal meeting with the...
How did HUBCO earn its highest ever profit?
Higher incomes from associated companies, a faltering Rs, and having your Thar based power plants come online make for a nice bottom line
OGRA jacks up LPG price by Rs 21 per KG for October
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the price of Liquefied Petroleum Gas (LPG) by Rs 21 per Kilogram for the...
Govt expects $700mn from IMF under SBA
Additional $450 million and $250 million expected from World Bank and IDB respectively
COAS reaffirms resolve against smugglers and hoarders with IMF review around corner
The strongly worded statement comes in the wake of a crackdown against currency exchanges all over the country
SECP unveils standardized constitutive documents for registration of private funds
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken a significant stride towards streamlining and expediting the registration process of private funds....
Govt plans to raise taxes on retail, agriculture, real estate
ISLAMABAD: The Federal government has planned to raise taxes on retail, agriculture, and real estate sectors. Alongside a wealth tax on movable assets is...
Cabinet to approve new state-owned enterprises policy
ISLAMABAD: The federal cabinet is likely to approve State-Owned Enterprises Policy, 2023 to improve performance of loss making entities.
According to details, the meeting of...
Tax evasion of Rs 95mn detected by FBR intelligence directorate in coal sector
ISLAMABAD: Tax evasion worth Rs 95 million in the coal sector has been unearthed by the Directorate of Inland Revenue Intelligence & Investigation, FBR.
According...
Automechanika Dubai 2023; Six Pakistani companies gear up for grand showcase
ISLAMABAD: The automotive world is reviving up for one of the biggest events of the year, as Automechanika Dubai 2023 prepares to open its...
PIA dismisses different restructuring plan rumours
Future plan to be unveiled following the company finding suitable advisor for restructuring
NEPRA approves upto Rs 4.45 per unit hike in power tariff for KE consumers
ISLAMABAD: Karachiites should get ready to bear a jolt in the form of significant increase in power tariff as National Electric Power Regulatory Authority...
NEPRA reserves decision on Rs 1.83 per unit hike in electricity tariff under FCA of August
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has reserved its decision on Rs 1.83 per unit increase in the power tariff on account of...
How the auto sector is fumbling a 5-year plan again
Auto sector has failed to meet export, and localisation targets set out under the auto policy (2021-26)
