Pakistan’s IT exports up by 24% to $3.2bn in FY24

Pakistan's Information Technology (IT) exports have soared to $3.2 billion in the fiscal year 2024, marking a robust 24% year-on-year increase from...

Pakistan’s big industry shows 7.33% YoY growth in May 2024

Overall LSMI sector posts a growth of 0.99% during July- May 2023-24 

Textile exports see slight growth in FY24 amid tough fiscal measures

Textile and clothing exports increased by 0.93% YOY to $16.55 billion by the end of FY2023-24; declined by 3.91% MoM to $1.41 billion in June 2024

Eleven firms express interest in Pakistan’s 5G spectrum auction consultancy

Government aims to enhance mobile broadband services with a planned 5G rollout by April 2025

Textile exporters denied tax relief; who to blame?

After years of protection to make the industry internationally competitive, govt has removed the cover from above textile exporters. Who will this affect the most?

Pakistan opts for negotiation over legal action in $800 million dispute with UAE’s Etisalat 

Privatisation Secretary hopes for a breakthrough by October-November as government seeks resolution in 16-year-old PTCL privatisation case 

PTCL’s short-term Sukuk IV rated A-1+ by VIS Credit Rating

Highest credit rating underscores PTCL's strong market position and financial stability

This company is about to get a licence to buy local gas to sell to corporations privately. Not everyone is happy

EGas collects natural gas produced during oil extraction and transports it in special trucks to bridge gas demand. But what is the controversy behind their renewed licence?

LNG supply chain arrangement gets CCP’s nod

Commission grants conditional approval until December 2025 for LNG procurement process between Mitsubishi's Diamond Gas International Japan and UAE’s Bison Energy

Sweden to help Pakistan with Sustainable Textiles Platform

Pakistani manufacturers can increase efficiency, reduce environmental impact, and secure long-term economic benefits by incorporating Swedish technology, says Business Sweden 

Interloop approves budget, expansion plan for FY2024-25

Company sets export target at $670.80 million; approves $58 million for hosiery, $18.8 million for denim, $13.2 million for yarn dyeing expansion, and $2.1 million for solar energy installation

Agreement signed for Chromebook assembly line in Pakistan

Assembly line will have an initial production capacity of 500,000 Chromebooks per year and will be scaled up to one million per year 

PTCL, Huawei conduct Pakistan’s first trial of Symmetric 50G-PON technology

New technology to enhance next-generation broadband services nationwide

Power generation rises by 2.7% Year-on-Year in May 2024

Average fuel cost for power generation in May was Rs8.74 per kWh, a decrease of 10.0% year-on-year

PM directs Power Division to resolve K-Electric’s payment issues

SECP was directed to examine the legality of KE's shareholding and report back to SIFC