Pakistan’s IT exports increase by 39% YoY in January 2024
Exports rise 13% to $1.7 billion in first seven months of FY 2023-24
Minister, industry advocate, media baron, philanthropist, or real estate tycoon — Who is Gohar Ejaz?
Gohar Ejaz wears many hats. But how did he become so important?
Sales Tax on cars jumps to 25%, automakers express alarm
The recent government's decision to raise the sales tax on cars from 18% to 25% for vehicles which have an engine capacity...
Textile, clothing exports showcase some resurgence in economy
ISLAMABAD: Pakistan's textile and clothing exports have experienced a notable upturn for the second consecutive month, according to data released by the...
Federal cabinet approves Indonesian Batak Air service to initiate flights from Pakistan
ISLAMABAD: In a bid to enhance air connectivity between Pakistan and Indonesia, the federal cabinet, through circulation of summary, has granted approval...
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