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
No decision yet on election day mobile, internet shutdown, says officialÂ
Speculation addressed as authorities evaluate security needs ahead of general elections; businesses express concern over potential disruptions
Power Division plans to slash domestic subsidies by 25%, aligning with IMF goals
This move is aimed at fostering economic growth and securing the International Monetary Fund's (IMF) approval.
DISCOs contribute to Rs396bn surge in circular debt during FY 2022-23
Concerns about potential billing manipulation highlight the need for transparent billing and collection practices.