Right-sizing committee hints at abolishment and merger of various departments under MoST  

MoST has specifically recommended the closure of the Pakistan Council for Science and Technology (PCST) and the Council for Works and Housing Research (CWHR).

Paper based transactions decline in volume for the second consecutive year

Retail payments hit 6.4 billion transactions in FY24, fueled by mobile banking, Raast, and a shift toward digital convenience

What is the ‘nexus’ between banks, the SBP and the govt that the IMF is pointing towards?

The recent report by the International Monetary Fund (IMF) on the $7 billion bailout package it has extended to Pakistan contains some...

Saudi Arabia confirms $1 billion investment into Reko Diq, diluting Pakistan’s ownership to less than 50%. What about the logistical challenges?

The Saudi investment is part of the promised $5 billion investment package for Pakistan. It will not solve any of the countless logistical problems that exist in Reko Diq, including transportation and power.

Government forms inquiry committee for rice export issues; is it necessary?

ISLAMABAD: As the federal government continues to grapple with the unresolved wheat scandal inquiry, the Prime Minister has now formed another high-level...

Ishaq Dar wants to hand 35% of any future natural gas discoveries over to the private sector. What is stopping him? 

A task force led by the Deputy Prime Minister has had to stall its decision again because of the continued absence of Petroleum Minister Musadiq Malik.  

In response to India, Pakistan has lifted the Minimum Export Price on rice. Is it too late?

Two weeks after India removed MEP on rice, the Pakistani government follows suit in hopes to regain market share

BF Bioscience, pharma company owned by Ferozsons and Argentinian Bago Group, got a stellar response to its IPO. What lies ahead? 

The pharma company, which has been exporting to countries like Indonesia, Belarus and Ukraine, saw book building at Rs 77/share and oversubscription of 3.4 times.

Can this new startup make a difference in cross-border trade?

Galaxefi, a new bootstrapped startup, aims to digitise Pakistan’s cross-border trade. What does it offer?

Ten steel suppliers caught colluding in their bids for DISCO tenders

CCP takes suo moto action; unearths collusion spanning over 7 years of transmission tower procurement

Is it too early to celebrate the cut in the policy rate? 

Central bank cites positive indicators, but experts warn of underlying challenges

Pakistan Halal Authority reluctant to merge with Food Ministry due to legal complications

Functions align more with PSQCA of science ministry; PHA

Liberty’s acquisition of shares in Sindh Engro Coal Mining Company approved. Who benefits from the deal?

Approval marks a complete exit of Engro from the JV, what is next for SECMC?

Toyota Indus sold 11,000 fewer cars than it did last year. They still managed to increase profits. 

Indus Motors sold just over 20,000 cars last year. The year before that they sold more than 31,000. Despite the dip in sales, higher margins mean their profits l increased. 

Are CPEC IPPs about to shift from imported to Thar Coal? 

Power Minister forms committee to convert power producers using imported coal to local Thar Coal