At PSO, circular debt stops growing

Consumer spending recovery helps stabilize company; better policy results in at least a stemming of the bleeding; and electric charging stations help prepare for the end of the age of oil

KP loses Rs583 million per day due to electricity theft and technical inefficiencies, report reveals

PESCO report shows province lost Rs193.4 billion in 11 months, with Bannu facing the highest losses at 73.86%; Losses attributed to political interference, lack of cooperation from local authorities, and outdated infrastructure

Pakistan’s textile exports fall 7.36% from FY22, despite 7.22% increase in FY25

Textile exports in FY25 reached $17.88 billion, showing a positive growth compared to FY24 but still lagging behind $19.3 billion recorded in FY22

Solar panel prices surge ahead of 18% sales tax takes effect

Traders blame importers for price hike, PSA voices strong opposition to proposed tax, urges government to reconsider its decision 

Govt limits net metering contract to five years, revises buyback rate: report

Nepra to revise buyback rate periodically, new net metering consumers to follow updated inverter standards

Govt slaps Rs. 2.5/Litre carbon levy on petrol, diesel, and furnace oil in budget 2025–26

Government introduces Pakistan’s first carbon pricing mechanism to curb emissions, fund climate projects, and realign energy policy with global environmental goals.

Power Division denies reports of ban on second electricity meter installation

Power Division clarifies that second meters can still be installed under existing laws, urges public to disregard false reports

Pakistan’s local oil reserves rise 23% to 238 million barrels in 2024, gas reserves stable

New discoveries and increased production drive growth in oil reserves, while gas reserves show limited change

That unmistakable Shezan touch

Not the most highbrow or fashionable of either the bakeries or restaurants, Shezan has the kind of consistency and reliability that makes it stand out and rub shoulders with the best of the best in business

Consumers lose money amid falling demand for old 100-dollar bills

Moneychangers, banks exploiting situation as regulator looks the other way

Govt decides to form Pak-China Business Forum

Planning Minister Makhdoom Khusro Bakhtiar revealed on Saturday that the government has decided to form a 'Pak-China Business Council', adding that names...

Bachaa Party – Pakistan’s first kids only shopping mall opens in Karachi

On the back of booming retail industry in Pakistan – growing at the rate of 8% per year – and improving law...

Beco Steel: From the ashes of one rises another

The steel maker took over Ravi Textile in 2021 and is seeing stellar performance in its recent financials

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...
Attock refinery

Attock refinery signs agreement with Italian firm STP for $600 million upgradation project

Cost of the upgradation project estimated up to US$ 600 million