Trending Topics
Solar Users Left in the Dark by Abrupt Net Metering Policy Shift
Despite earlier incentives that fueled widespread solar adoption, the proposed reduction in the buyback rate, from Rs27 to Rs11 per unit, has sparked intense backlash.…
IMF Blocks Power Tariff Relief for Industries and AI Data Centers
The International Monetary Fund (IMF) has rejected the Energy Ministry’s proposed three-year marginal electricity tariff package for industrial users, including artificial intelligence (AI) and data…
Alif Finance Cleared by SECP to Operate as NBFC in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has granted an Investment Finance Services license to Alif Finance (Private) Limited, officially authorizing it to operate…
PTA Takes Legal Action to Recover Rs. 80 Billion from LDI Operators
The Pakistan Telecommunications Authority (PTA) has initiated an enforcement action against Long Distance and International (LDI) operators. This case focuses on unpaid Access Promotion Contribution…
Pakistan’s Pharmaceutical Exports Highest in 20 Years
Pakistan’s pharmaceutical exports have reached their highest growth in two decades, driven by strategic policy reforms and expanding global demand. In the fiscal year ending…
Sindh Farmers Vow Court Battle Against 45% Agricultural Income Tax
Sindh farmers have decided to take legal action against the recently imposed 45 percent agricultural income tax, calling it unconstitutional and a threat to their…
Joselito Jr. Avancena Returns as Nestle Pakistan CEO
Nestle Pakistan CEO Joselito Jr. Avancena has officially resumed his role, according to a notification shared with the Pakistan Stock Exchange (PSX) on Wednesday. Alongside…
Askari Insurance Closes Property Deal Worth Rs432 Million
Askari Insurance has finalized a major property transaction worth over Rs432 million with its associated company, ADHL, securing prime commercial space in Lahore. Askari General…
Pakistan-Vietnam Trade Nears $1 Billion
Pakistan-Vietnam trade has shown steady growth in 2024, reaching approximately $850 million, with both countries aiming to hit the $1 billion mark in the near…
Govt Approves 50% Export Retention for Chinese Firms in Gwadar
In a significant move to boost Chinese investment, Pakistan has approved a short-term policy allowing Chinese firms operating in the Gwadar Free Zone to retain…
Drop in Global Prices Hits Pakistan’s Rice Export Revenue
Pakistan’s rice export revenue experienced a sharp decline in FY25, falling by 14.7% to $3.36 billion despite only a modest drop in export volume. The…
World Bank Urges Energy Cuts in Pakistan’s Industries
The World Bank has called for urgent energy efficiency improvements across Pakistan’s major industrial sectors, including cement, textile, steel, fertiliser, and paper, to lower costs…
