CCP recommends privatization, public-private partnerships for power distribution companies
Commission calls for structural reforms to address inefficiencies, reduce losses, and boost competition in the power sector
Pakistan creates 20 new trade posts in China to boost exports, investment
Additional funding approved to strengthen trade diplomacy and attract Chinese investment
Solar surge slashes DISCOs revenues as grid demand dips
ISLAMABAD: The rapid rise in solar power adoption by Pakistani consumers has led to a 17% drop in grid electricity demand, causing...
Govt greenlights GMO soybean imports amid controversy over risk assessments
ISLAMABAD: In a controversial move, the federal government has granted approval for the import of genetically-modified (GMO) soybeans from the United States,...
Attock Refinery delays upgrade project due to tax dispute
Sales tax issue on crude and refined products blocks progress on high-investment refinery expansion
IMF to focus on $2.5 billion financing gap in unscheduled visit
Loan delays and tax shortfalls to be key issues as IMF reviews Pakistan's financial health
Government divides NTDC into three entitiesÂ
The three distinct entities will be assigned to enhance efficiency and address longstanding challenges such as project delays, cost overruns, and transparency issues.
ADB to support development of sustainable aviation fuel facility in Pakistan
$86.2 million project to transform waste into high-value export fuel, boosting local economy and job creation
Business leaders urge PM to reinstate six-day workweek to boost economy
Concerns raised over impact of five-day week on trade, industry, and ties with GCC countries
FTO Secretariat detects Rs.529 billion tax fraud in sales tax
The fraudulent practices reportedly involved falsifying invoices, inflating input taxes, and issuing refunds for sales that never occurred
FTO directs South Punjab Coordinator to address tax grievance within 60 days
The FTO regional offices offer an effective mechanism to handle complaints related to taxation without requiring lengthy procedures
Hyundai offers up to Rs. 800,000 off on Santa Fe and Tucson models
Hyundai’s limited-time discounts are aimed at boosting year-end sales in the competitive SUV market
MG Pakistan launches locally assembled HS PHEV at competitive price point
The launch price stands at Rs. 9,899,000, with an early bird offer available at Rs. 9,499,000 for a limited time
Inflows into Roshan Digital Accounts surpass $9bn
This reflects over $256 million in inflows since the end of September when the cumulative total stood at $8.749 billion
ChatGPT restored after downtime affects 19,000+ users
CEO Altman apologises for outage after users regain access at 4:34pm with few still facing problems