Pakistan’s energy sector can save over $8bn with improved production strategies: Study
Study indicates share of wind and solar in energy mix will be 47 percent by 2031, compared to IGCEP forecast of 30pc
What the IHC’s judgement on the Super Tax means and what will happen next
Section 4C of ITO 2001 to be read in accordance with the judgement - until otherwise
Mango exports suspended for 23 days due to dispute over plant SOPs
This situation has jeopardized the export of the prized Chaunsa mango variety, which holds a substantial market in Iran and Dubai, amounting to over $100mn
Govt ends gas subsidy scheme for export-oriented sectors, asks them to pay market rates
SNGPL has been directed to raise invoices to the sectors as per the previously approved mechanism by the cabinet
SBP designates UBL, HBL and NBP as D-SIBs for 2023
The designation bodes well for the banks themselves and helps create resiliency in the banking industry
IMF asks for a tighter monetary policy from SBP
The IMF has demanded a further tightening of the monetary policy to be considered by SBP but is it economically sustainable?
OCAC warns OGRA’s decision to reduce diesel price comes at industry’s expense
Association warns OGRA’s “deviations from pricing formula” can cripple the industry
IMF sets condition on parity between open market and interbank rates
The differential cannot exceed 1.25% between the two rates
Summit Bank has a new name as it tries to leave the past behind
The name change comes after the bank’s acquisition by UAE-based investor Nasser Abdulla Hussain Lootah.
FBR adds another category for vehicles imported by diplomats
Vehicles sold within two years of import will be levied 100% of prevailing duties, and taxes
Pakistan Refinery Limited, and Airlink make joint play for Shell
Who are these two? Why have they come together? And why do they want Shell?
Is the Riyadh Airport Authority’s reminder to PIA for being late on payments concerning?
PIA issued reminder reminded that it needs to pay 8.2 million Riyal by July 15
Process to outsource airports initiated
Operations and management of Karachi, Lahore, and Islamabad airports set to be outsourced to generate foreign exchange
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.