Pakistan unlikely to buy spot LNG in summer despite simmering heat
KARACHI: Pakistan is unlikely to buy liquefied natural gas (LNG) cargoes on the spot market until at least the beginning of winter...
CCP green-lights Artistic Milliners acquisition of Tenaga Generasi Limited
The Competition Commission of Pakistan (CCP) has recently greenlit Artistic Milliners (Private) Limited's acquisition of Tenaga Generasi Limited (TGL). This move marks...
PM directs power division to implement four key reforms to tackle surplus electricity and reduce costs
ISLAMABAD: In order to bring reforms to the power sector, Prime Minister Shehbaz Sharif has directed the power division to submit a...
Industries call for abolishment of FATA tax incentives
ISLAMABAD: Representatives from various sectors have expressed concerns over the misuse of the tax incentive package for erstwhile Federally Administered Tribal Areas...
Innovative floating solar project to transform Sindh’s energy landscape
In a groundbreaking move to revolutionize Sindh's energy sector, Go Energy Pvt Ltd is poised to launch a 500 MW floating solar...
Government allows export of 150,000 MT sugar
ISLAMABAD: The Sugar Advisory Board (SAB), chaired by Federal Minister for Industries and Production, Rana Tanveer Hussain, has conditionally approved the export...
Urgent intervention sought as Pakistan’s oil marketing companies face PKR 91 billion in losses
ISLAMABAD: The Prime Minister's Office Special Investment Facilitation Council (SIFC) Secretariat has sought views/comments from the government bodies on an urgent call...
Customers lament further hikes in sugar, pulses prices
Hoarding, smuggling and rupee depreciation continued to bring more misery for the consumers in the shape of further increases in sugar, pulses...
Petrol and diesel rise beyond Rs 300 in a new hike
Caretaker Prime Minister Anwaarul Haq Kakar’s government increased the prices of petrol and high-speed diesel (HSD) on Thursday by Rs14.91 and Rs18.44...
Another hike of Rs2.07 per unit in electricity
Consumers are bracing for another hike of Rs2.07 per unit in electricity tariff on account of fuel charges adjustment for July 2023.
On...
Pakistan’s economic conditions blamed for the delay in CPEC
China Overseas Port Holding Company (COPHC) Chairman Yo Bo has emphasised that Pakistan’s economic circumstances were primarily responsible for delay in China-Pakistan...