CCoP approves private sector participation in DISCOs’ operation, paving the way for privatization

ISLAMABAD: In a significant development aimed at addressing the longstanding operational challenges faced by Pakistan's power distribution companies (DISCOs), the CCoP has...

Fatima Fertilizers, Lucky Cement acquire direct stake in Balochistan-based mining company

CCP greenlights the acquisition of 66.6% cumulative stake in National Resources (Pvt) Ltd

Symmetry Group onboards new clients, aims for Rs50mn revenue in 2024

The company specializes in transforming businesses through digital solutions

Large Scale Industry’s output increases by 16% MoM

A slight decline of 0.39% for 6MFY24 reported

Shell’s LNG outlook 2024 predicts 50% surge in global demand by 2040

Shell's LNG Outlook 2024 anticipates a remarkable 50% increase in global liquefied natural gas (LNG) demand by 2040. The forecast is driven...

Massive oil price hike expected in diesel (HSD) price for second half of February

ISLAMABAD: The per liter price of high-speed diesel (HSD) is likely to witness approximately upto Rs 8/liter hike with the start of...

PTCL’s loss widens to Rs14.15bn in 2023 amid rising expenses

Pakistan Telecommunication Company Limited (PSX: PTC) reported a wider after-tax loss of Rs14.15 billion in 2023, an increase from the Rs10.49 billion...

IMF raises concerns over Pakistan’s energy reform efforts

The International Monetary Fund (IMF) has expressed concerns over Pakistan's proposed energy sector reforms, stating they fail to tackle the fundamental issues,...

Mobile industry urges taxation overhaul for local assembly boost

ISLAMABAD: Mobile phone manufacturers are optimistic about the upcoming government's will to rectify key shortcomings in the taxation system. As per them,...

Caretaker govt targets efficiency with electricity market reforms

The Power Division is also tasked with conducting an internal assessment with industry stakeholders

SECP imposes record penalties in enhanced compliance drive

Key enforcement actions included imposing hefty penalties for violations of the Companies Act, 2017.

Pakistani CEOs predict economic viability challenges for current business models, PwC survey

The survey highlights the necessity for companies to adapt and innovate to stay competitive

CCoE approves Oil Refining Policy 2023

ISLAMABAD: The Cabinet Committee on Energy (CCoE) on Tuesday approved Pakistan Oil Refining Policy 2023-for Upgradation of Existing/Brownfield Refineries with some amendments. The...

Right before their exit, caretakers finalise plan for PIA

Two days before the end of its term, the caretaker federal cabinet has approved the restructuring of Pakistan International Airlines.

Pakistan ranked third with 42.6% growth in active software developers, according to GitHub

Despite GitHub representing only a fraction of a country's overall software development landscape, the data signals a rising trend of programming in regions