Ghazi Fabrics Int’l Ltd. temporarily halts spinning unit operations

Company cites rising power costs, limited availability of quality cotton at reasonable prices as reasons behind shut down

Telecom operators agree to manually block SIMs of non-filers

First group of 5,000 non-filers has been notified for immediate SIM blocking

NEPRA reserves judgment on proposed Rs18.86/unit power tariff hike for Karachiites 

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday reserved a judgment regarding a potential hike of up to Rs 18.86...

Kohinoor Energy Ltd. announces incorporation of new solar power subsidiary

Company officially declares formation of a wholly owned subsidiary dedicated to solar power, following approval from its BoD

Pakistan’s biggest telco Jazz sets eyes on public listing

Through listing, Jazz says it plans to build capital markets of the country

WorldCall Telecom announces major strategic shift with GlobalTech trading start

WorldCall Telecom steps into a new phase with trading debut, marking a key strategic reorganization

DISCOs seek recovery of over Rs51bn from power consumers

Request filed with NEPRA for adjustments on capacity charges for the third quarter of FY2023-24

European companies show interest in investing in Pakistan’s IT sector

Startups that graduated from NIC have started attracting foreign IT companies to invest in Pakistan

OMCs record sales decline of 6% YoY in April 2024

The decline reflects shifts in product-wise and company-wise performance dynamics within the industry

Experts call for targeted policy measures to unlock Pakistan’s renewable energy potential 

Emphasize the imperative to devise concrete strategies to bridge the delivery gap in financing green energy initiatives

Jazz completes Pakistan’s first-ever telecom Sukuk at Rs15bn

Milestone issuance to boost Shariah-compliant instruments, supporting digital expansion.

The problem is access to credit, not payments claims Abhi CEO at World Economic Forum

Representing Pakistan’s fintech community at World Economic Forum, Omair Ansari claims it is a fallacy that Pakistan has a big unbanked population because of the impact of the telcos.

Power Division denies plans to impose fixed tax on solar energy

Clarifies no proposal to change net metering rates amid push for renewable energy adoption

Govt considers cutting buyback rates from Rs 21 to Rs 11/unit for net metering

Solar systems should primarily serve personal consumption, and excess power rates should reflect the affordability of the distribution companies, argues Power Division

10 Pakistani textile firms shine at Techtextil and Texprocess 2024

Lucky, Nishat and Master Textiles among other notable names exhibited at the fair