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
PM takes notice of challenges in energy sector
Calls important meeting to get sectoral briefing on power, petroleum, interior and industries
OGDCL discovers hydrocarbon reserves in Kohat
Company gets 2.842 mmscfd of gas and 28 barrels/day of condensate
Pakistan will seek US waiver on IP gas project, says Petroleum Minister
Musadik Malik expresses concerns over proposed gas price hike
PM hurries the petroleum division into kickstarting 14-year old gas pipeline project to avoid penalties
Immediate directives to energy and related divisions issued for making quick amends as the new chairman of CCOE