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 official 

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.

Single Sales Tax Portal introduced for telecom sector

Move is in line with objective to facilitate taxpayers, promote ease of doing business, and reduce compliance costs in telecom sector

Pakistan introduces Tight Gas Policy to propel exploration, production

Tight Gas (Exploration & Production) Policy 2024 has been introduced with the objective of fostering investment, driving technological advancements

Govt increases petrol prices by Rs13.55 amid global oil surge

Price of High-Speed Diesel also increased by Rs2.5 per litre to Rs278.96 

CCoE to meet to address Oil Refining Policy implementation issues

The CCoE aims to alleviate the industry’s concerns this time  

ECC to consider exporting famous Sahiwal bulls to Sri Lanka

Sri Lanka wants quality breed for its artificial insemination program; looks for exception in Pakistan’s livestock export ban

OGRA notifies Rs 1 per kg hike in LPG price for February

According to OGRA, the LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange rate.

NEPRA reserves decision on DISCOs’ plea to jack up the tariff by Rs 5.62/unit under FCA

The increase in electricity price under FCA of December 2023 will not be applicable to the lifeline electricity consumers and the consumers of K-Electric.