Pakistan Set to Strengthen Private Security Services with New Regulatory Bill

This is an instrumental step towards ensuring the safety and security of projects that are of national significance

Major changes in the offing at K-Electric 

New owners announce that they have filed to dissolve the holding company that owns KE. 

Govt crawls across IMF finish line

Delayed time and again, the approval concludes a process that exposed some of the economy's deepest flaws.

Pakistani automotive industry sees out worst fiscal year since pandemic

Volume dips year-on-year by 37.7% for a contraction of 8.18 lakh vehicles sold

Cement manufacturers, electricity customers in for a treat as coal prices tumble

Richards Bay Coal futures contracts drop to lowest price since May 2021

Indus Motors set to be first automotive firm to export semi-processed parts to Egypt

IMC will join Toyota’s global supply chain with the Toyota Egypt deal

Mobile manufacturing remained crippled from January to May due to lack of LCs 

PTA’s latest data reveals total mobile sales dipped from 1.334 crore to 52.9 lakh 

PICT clarifies end of operations, handover 

The concession agreement between PICT, and KPT comes to an end as PICT ceases operations

Why and how is HBFC being privatised? 

No new bids received even after the deadline was extended 8 times.

After $82mn controversy in Uch, OGDCL issues LoI to second bidder 

Joint venture between Presson Descon and SNGPL, which was earlier awarded the project, failed in March

Fitch Ratings upgrades Pakistan’s rating to ‘CCC’

Pakistan takes measures to address revenue shortfalls and energy subsidies, Fitch Ratings Reports

Senate Standing Committee on Aviation grills PIA

PIA scrutinized over pilot licences, flights from Balochistan, recruitment, fake degrees, and pensions owed to widows 

Excise, Taxation and Narcotics Control unveil changes in taxes on cars in Punjab 

Token tax changed, transfer hiked, and registration fee harmonized 

SBP’s Financial Stability Review 2022 paints dismal picture

Banking sector remains steady despite aggravating macroeconomic conditions, while microfinance banks struggle

IMF delegation calls on Imran Khan, PPP leaders ahead of board meeting

The meeting was attended by IMF country chief Nathan Porter who joined virtually and Resident Representative Ester Perez Luiz