Pakistan Steel Mills removed from the govt’s privatisation list
ISLAMABAD: The caretaker government has made a significant decision to exclude Pakistan Steel Mills from its list of state-owned entities earmarked for...
Govt announces upto Rs 14/litre cut in the prices of petroleum products for second half of December
ISLAMABAD: The government has announced significant decrease in the prices of all petroleum products by upto Rs 14 per liter which will...
Work on power tariff cut is to be completed by next month: Caretaker Energy Minister
ISLAMABAD: Caretaker Energy Minister Muhammad Ali on Friday said that the power division is working hard to reduce the electricity tariff and...
Petrol, diesel prices estimated to go down by Rs 13/litre during second half of December
ISLAMABAD: Per litre price of petrol is estimated to go down by Rs 13.10 and high-speed diesel (HSD) is expected to witness...
Saudi Aramco acquires 40% stake in Gas & Oil Pakistan Ltd. (GO) but why?
Deal to bring much-needed FDI into Pakistan, but what is in it for Saudi Aramco?
Gilgit Baltistan Council takes initiative for equitable utilization of USF funds
ISLAMABAD: In a move to address the absence of contributions from the Universal Service Fund (USF), Gilgit Baltistan (GB) has established its...
Power Division asks NEPRA to raise power tariff for KE consumers by Rs 1.71/unit
ISLAMABAD: The Power Division has requested the National Electric Power Regulatory Authority (NEPRA) to raise electricity price for the consumers of K-Electric...
Why can’t the government sell one of its most sellable assets?
Power plants are a coveted business opportunity in Pakistan. In the case of the Kot Addu-Muzaffargarh solar power plant, the government has botched it so badly that no one wants to go near it.
Pakistan set to launch 5G in July next year
Telecommunication tribunal and an action advisory committee for 5G will be formed within three weeks, says Dr Umar Saif
PM’s office questions why report regarding alleged unauthorised third-party gas sale by Konnect Gas still not submittedÂ
Unlicensed Konnect Gas allegedly involved in unlawful sale of unprocessed gas to CNG stations since 2020.Â
Let there be LNG; China Chemical, and LNG-Flex get ball rolling with private LNG terminalsÂ
CNCE and LNGFlex ink deal for R-LNG and VLNG terminalsÂ
Lahore-based CodeNinja secures $1.6mn investment from sAi Venture Capital, partners
The investment will help CodeNinja expand its global presence and scale up its services
Ten years ago Chenab Limited defaulted on its loans. Now it looks towards second act
Once one of the country’s largest and proudest exporters, the Chenab Group is looking to chart its course back to the top with the backing of its largest creditor, HBL
Cement despatches decline by 2.12% in November on YoY basis
ISLAMABAD: Despite a net decrease in fuel prices, cement despatches experienced a 2.12% decline in November 2023, with total despatches amounting to...
Interloop acquires 64% stake in US firm Top Circle Hosiery Mills
Acquisition is part of Interloop's strategy to enhance its shareholders' value, strengthen its position in the global market, and contribute to its long-term sustainability.