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 potentialÂ
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
Prime Minister wants to privatise the DISCOS fast. What is taking so long?
The DISCOs problem has been a major concern for successive governments in recent years. Will a solution ever take shape?
‘4G for All’ fundamental to Digital Pakistan vision: Asif Aziz
Prioritizing the provision of high-speed 4G to rural and semi-urban populations is imperative for realizing the Digital Pakistan vision, said Asif Aziz,...
Pakistan’s large-scale industry sees modest growth in FebruaryÂ
Index records third consecutive monthly rise, mixed results across key sectors
Engro signs share purchase agreement with consortium for sale of thermal energy assets
Agreement signed for sale of Engro Energy’s entire 68.9% shareholding in Engro Powergen Qadirpur, 50.1% in Engro Powergen Thar, 11.9% in Sindh Engro Coal Mining Company
Textile sector exports rise by 3% YoY to $1.3bn in March
APTMA data shows this sector recorded exports of $12.44 billion in nine months of FY2023-24, slightly down by 0.3%Â
NEPRA raises electricity rate by Rs2.74/unit for second quarterly adjustment
Rs 4.99/unit hike is also on cards due to fuel charges adjustment for February 2024
Iranian power firm seeks PM’s intervention for unpaid NTDC dues
Despite completing Pak-Iran 220KV transmission line for Gwadar, the company has only received 40% of the contracted payment