Public outrage against IPPs is growing.
Dr Muhammad Hanif Mughal, Chairman of Pakistan Tehreek-e-Shadbad, said on Tuesday that public anger against independent power producers (IPPs) is growing due to frequent tariff hikes. For decades, IPPs have…
KP Govt should assist the centre in a successful IMF deal.
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that the government…
Yarn brokers traders & importers association demands prevention of EFS Misuse
The Yarn Brokers, Traders & Importers Association, Karachi, has expressed serious concerns over the sale of imported polyester yarn in local markets under the Export Finance Scheme (EFS). The association…
Panda Mart plans to expand nationwide.
Panda Mart has expressed its intention to expand Panda Marts across the country this year. Currently, there are 37 Panda Marts in Karachi, Lahore, Islamabad, Rawalpindi and Hyderabad. During the…
SSGC dismantles 430 illegal gas connections – Makes headway in Balochistan
SSGC's gas theft control teams continued to conduct raids in Sindh and Balochistan against blatant pilferage in residential and commercial areas. In raids across the Company's franchise areas, around 430…
Champions water conservation solutions for Pakistan
From 25 to 26 May 2024, the School of Leadership Foundation (SoLF) and the Institute of Urbanism (IoU) orchestrated a distinctive two-day Hackathon titled 'Water-Wise Urban Future: Co-Creating Solutions for…
Youm-E-Takbeer: An abrupt holiday announcement to put businesses on hold
Despite the efforts and awareness created last time for unnecessary holidays granted by the government, we are again standing on a similar turn. Prime Minister, Shahbaz Sharif abruptly announced a…
Public holiday in Pakistan
The State Bank of Pakistan will remain closed on May 28, 2024 (Tuesday), being a public holiday on the occasion of "Youm-e-Takbeer" as declared by the Government of Pakistan.
U.S. Ambassador Blome’s meeting with Finance Minister Aurangzeb
The below is attributable to Acting U.S. Mission Spokesperson Thomas Montgomery: U.S. Ambassador Donald Blome met today with Finance Minister Muhammad Aurangzeb to discuss key aspects of the U.S.-Pakistan trade,…
CNERGY’s vows to increase production to 55-60k BPD in FY25
Cnergyico PK Limited (CNERGY) held its analyst briefing on Friday, during which the management discussed the following: · Cnergyico Pk stands as the largest refinery in the domestic sector space,…
Engro Polymer & Chemicals showcased downstream PVC products at IAPEX 2024
According to an Institute of Architects Pakistan (IAP) official, Pakistan's construction industry is moving towards the adoption of modern and sustainable construction materials, keeping in mind global trends and its…
Meezan Bank launched its wholly-owned subsidiary, Meezan Exchange.
Meezan Bank, Pakistan's leading Islamic bank, has officially commenced operations with Meezan Exchange Company Limited (MECL), its wholly-owned subsidiary in Karachi. MECL will offer remittance and forex services to all…
Mohammed Rajpar conferred with the prestigious Commander of the Order of the Crown.
In a recent ceremony, Mr Mohammed Rajpar, Managing Director of General Shipping Agencies (Pvt) Ltd, and Chief Executive of Pakistan Belgium Luxembourg Business Forum was conferred with the prestigious Commander…
Pakistan’s male champions of change devise a transformational plan for gender Equality & Inclusion
Male Champions of Change (MCC) Pakistan’s members convened for their quarterly meeting in Karachi, hosted by Syngenta Pakistan, where they collectively shared actionable best practices on the ongoing themes for…
The 1990s marked beginning of Pakistan’s decline and India’s rise
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Sunday that India started the journey of development in the early 1990s. In…
KATI asked a committee should be formed to solve the problems of industrialists
Sindh Minister of Local Government, Housing Town Planning, and Public Health Engineering, Saeed Ghani, announced the formation of a committee composed of municipal officers dedicated to resolving the issues of…
Dr Farooq Sattar visited a cattle market for sacrificial animals on the Northern Bypass.
Dr. Farooq Sattar, in his media briefing about the market visit, detailed the satisfactory security arrangements at the cattle market. He also highlighted the ongoing efforts of law enforcement agencies…
PPL diversifying into new mining avenues.
Pakistan Petroleum Ltd (PPL) has strategically entered into a joint venture agreement as a 49% partner with Degan Exploration Works (DEW), which is owned by the Frontier Work Organization (FWO).…
Zindigi JS Bank & 5th Pillar Family Takaful Signed MoU.
The Digital Banking Initiative of JS Bank, Zindigi, has partnered with 5th Pillar Family Takaful, a prominent provider of Takaful products and services, to make Hajj and Umrah pilgrimages more…
UAE’s decision to invest 10 billion dollars is welcomed
Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister, Mian Zahid Hussain, said on Saturday that the…
SSGC removes another 163 illegal gas connections
SSGC continued to tighten its grip on the gas thieves involved in the direct pilferage by removing illegal connections and fake meters especially in the residential and commercial areas. In…
AIRLINK targets to sell 125K units with revenue ranging from Rs15-20bn in FY25.
Topline Securities organised the Pakistan Mid Cap Conference 2024. Day 3 of the conference started with a session on Air Link Communication (AIRLINK), with Mr Amir Mahmood, Group CFO of…
The size of the undocumented economy is increasing rapidly in Pakistan.
Dr Muhammad Hanif Mughal, Chairman of Pakistan Tehreek-e-Shadbad, said on Sunday that the size of the undocumented economy is increasing rapidly in Pakistan, which is the failure of FBR. He said the…
Innovative Pvt Ltd clinches “Best Performance Award”
Innovative Pvt Ltd (IPL) has once again proven its market leadership by securing the prestigious "Best Performance Award", recognized as the top award of the region, at the Diebold Nixdorf…
OGDC’s growth and potential, marked by significant achievements in production sustainability.
· We revisit our investment case on Oil & Gas Development Company Ltd (OGDC), where we reiterate our 'BUY' stance on OGDC with a NAV-based Dec'24 target price of PkR180/share,…
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