Over 6,000 marble factories in KP face closure amid surging electricity prices

In a bid to avert potential industrial closures, the government has introduced a special package to alleviate electricity costs for industries in KP,

ECNEC approves proposal to partially outsource the Islamabad International Airport proposal 

Prime objective of outsourcing is to undertake modernisation of the existing infrastructure- Officials

PSX issues a notice to PICT for unusual share price movement

The share’s price has gone up by Rs.30 (~70%) in the last 16 days.

Senate committee recommends blacklisting of Sinohydro and GOPA

Senate Panel recommends strict action against the Board of Directors of NTDC and officials of the ministry involved

NA committee fears majority of TERF loans parked in real estate

Machinery Imported with the TERF money was allegedly sold in the local market

Top leadership eyes mining potential

First ever mineral summit hosted in Islamabad as the govt eyes new investment.

SECP finds only 2.77% of total registered vehicles in Pakistan are insured

At 2.77%, Pakistan lags behind countries like India, Bangladesh, Sri Lanka, and Uganda 

Suzuki to resume motorcycle production after Independence Day

The company will observe a plant shutdown from July 31 to August 15 

Lahore’s grave neglect: The alarming case of water contamination

In assessing the consequences of this, the ARC’s reported results reveal that the ignorance of this lead contamination in the government’s water supply is a heinous injustice

Six MoUs signed during Vice-Premier He Lifeng’s visit. What do they entail? 

MoU on Strengthening Workers' Exchange Programme was signed between the All-China Federation of Trade Unions (ACFTU) and BoI, Pakistan

Saudi Aramco shakes hands with Pakistan’s SOEs to open Pakistan’s largest refinery

After months of delay and negotiations, the Saudi investment gets confirmed. But what is the deal?

Fiscal year 2023 ends with 12 consecutive months of contractions in automotive credit 

Outstanding credit shrank by Rs 74 Arab, ending two fiscal years worth of growth in automotive loans 

Tariffs for Thar coal Block I & II approved 

Levelised tariffs of $37.36 per ton set for Block I and $30.40 per ton for Block II

What will  HBL’s  new agri focused subsidiary do?

HBL Zarai Services will operate as a wholly owned subsidiary meant to increase capacity in the country’s vastly underserved agricultural sector.  

Banking spreads surged to their highest levels since 2004

High-interest rate environment coupled with low-cost deposits and loan book repricing led to an increase in banking spreads