Pakistan’s leading fintech PostEx set for Saudi expansion with $7.3mn raise
Omer Khan, founder and CEO of PostEx, is highly optimistic about the company's potential to expand its eCommerce financing and logistics solutions for small...
Top City 1: The suburban real estate development that brought down former ISI chief Faiz Hameed
The retired lieutenant general is not the first high-ranking military official to be court martialed over financial dealings, but perhaps the first one about a real estate development that has nothing to do with the military
How much will the disruption to Pakistani Fiverr accounts cost?
Fiverr has announced that it will temporarily set the accounts of Pakistani freelancers to "Out-of-office" mode due to severe and ongoing internet disruptions across...
Govt gives record single month tax refunds to businessmen. But should it have?
Citizens who pay above their tax liability become eligible for tax refunds. Find out why they pay more and how they receive it back.
APTMA urges further rate cuts as Pakistan’s real interest rate reaches regional peak
ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has urgently called for additional interest rate reductions to alleviate borrowing costs and stimulate economic growth....
In the wake of $5 billion investment, the govt has introduced a new petroleum exploration policy. What does it do?
ISLAMABAD: A controversial document prepared by the Petroleum Division has created a stir regarding the future of international investment into Exploration and Production (E&P)...
Govt initiates phased privatisation of 13 power sector entities
ISLAMABAD: The federal government has approved the privatisation of 13 power sector entities, including nine power distribution companies (DISCOs) and four power generation companies...
Auto industry suggests trade agreements for exports
ISLAMABAD: Major automotive industry players in Pakistan have announced plans to start exporting locally assembled and manufactured vehicles. Industry sources claim that trade agreements...
Engineers’ license trade and PEC irregularities exposed
LAHORE: In a press conference held at the Lahore Press Club, Engineer Zahoor Sarwar, a member of the Governing Body of the Pakistan Engineering...
CCP greenlights major steel industry merger involving EP Corporate Group and Thyssenkrupp
ISLAMABAD: The Competition Commission of Pakistan (CCP) has sanctioned a major merger in the steel sector with international ramifications. The deal involves EP Corporate...
Hascol faces Rs1.74 billion loss in first quarter of 2024
KARACHI: Hascol Petroleum Limited reported a loss of Rs1.74 billion for the first quarter of 2024 (January-March), a notable improvement compared to the Rs7.1...
Is the govt about to let go of its control on petrol prices?
The PM claims he is about to deregulate petrol prices. The govt was barely in control anyways
New immigration and passport authority to streamline immigration operations
ISLAMABAD: The federal government plans to establish a separate authority for immigration and passport services, potentially diverting over Rs 70 billion in annual revenue...
Energy prices in Pakistan have increased by 38%. Here’s what the experts have to say
ISLAMABAD: Pakistan is facing an overall 38% increase in energy prices and a 62% rise in capacity charges, leading to a significant tariff hike,...
Maize consignments intercepted with pests, export to Vietnam and other countries in doldrums
ISLAMABAD: Following risks to Pakistan’s rice exports to Russia and a longstanding ban on rice imports by Mexico due to pest interceptions, another major...
