Industrial production declines in 9MFY24

Recent statistics show a sharp 9.35% MoM drop in Pakistan's industrial output as of March 2024

Textile exports reach $13.68 billion in 10MFY24

While overall textile exports slightly decline, specific categories like raw cotton and cotton yarn record sharp increases

PM Shehbaz directs revision of net metering rules to stabilise power sector revenues

Sharif orders NEPRA and Power Division to revise regulations amid concerns over declining revenues due to increased solar adoption

STZA, NRTC ink Rs12.5bn deal to enhance tech operations

The major tech agreement aims to transform Pakistan's technological landscape

Ghazi Fabrics Int’l Ltd. temporarily halts spinning unit operations

Company cites rising power costs, limited availability of quality cotton at reasonable prices as reasons behind shut down

Telecom operators agree to manually block SIMs of non-filers

First group of 5,000 non-filers has been notified for immediate SIM blocking

NEPRA reserves judgment on proposed Rs18.86/unit power tariff hike for Karachiites 

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday reserved a judgment regarding a potential hike of up to Rs 18.86...

Kohinoor Energy Ltd. announces incorporation of new solar power subsidiary

Company officially declares formation of a wholly owned subsidiary dedicated to solar power, following approval from its BoD

Pakistan’s biggest telco Jazz sets eyes on public listing

Through listing, Jazz says it plans to build capital markets of the country

WorldCall Telecom announces major strategic shift with GlobalTech trading start

WorldCall Telecom steps into a new phase with trading debut, marking a key strategic reorganization

DISCOs seek recovery of over Rs51bn from power consumers

Request filed with NEPRA for adjustments on capacity charges for the third quarter of FY2023-24

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 potential 

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.