Business leader and former president of the Islamabad Chamber of Commerce, Shahid Rasheed Butt, said on Tuesday that the circular debt keeps rising due to corruption, despite the government’s claims.…
Saleem Memon, President of the Hyderabad Chamber of Small Traders and Small Industry (HCSTSI), has hailed the Government of Pakistan’s decision to cancel and revise the agreements with Independent Power…
Kot Addu Power Company (KAPCO) announced its financial results for FY25, wherein the EPS arrived at PKR 2.88 (-41% QoQ) for FY25 with the major contribution from other income from conventional and Islamic mutual…
The Board of HUBC has approved an extension of Sponsor Support Contribution Letters of Credit (SSC LCs) for Thar Energy Limited (TEL) and ThalNova Power Thar (Pvt) Ltd (TNTPL), amounting…
The Hub Power Company Limited (HUBC) is set to announce its 9MFY25 financial results on Apr 29th, 2025. We anticipate the company to report consolidated earnings of PKR 34.6 billion…
The leadership of Businessmen Group (BMG) and Karachi Chamber of Commerce and Industry (KCCI), while highly appreciating Prime Minister Shehbaz Sharif for his timely and impactful announcement of a substantial…
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Monday that one of the largest obstacles to fixing the…
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Wednesday that the government has saved the bankrupting economy. He said…
The rapid growth of rooftop solar systems is transforming Pakistan's energy landscape and creating disparities for lower-income electricity consumers dependent on the traditional grid. Ensuring equitable energy access for all…
The Hub Power Company Limited (HUBC) will announce its 1QFY25 financial result on 30th Oct’24. The company is expected to post a profit after tax of PKR 19.3bn (EPS: PKR…
The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, as well as former provincial minister…
Malik Khuda Bakhsh, a prominent leader in the petroleum and CNG sector, Convener of FPCCI's Standing Committee on Energy, and central member of the UBG Core Committee, has welcomed the…
The President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has welcomed the federal government's decision to terminate agreements with five inactive Independent Power Producers (IPPs). He…
The government has successfully negotiated with five IPPs to terminate their PPAs prematurely. Two of these five IPPs are from the listed space: Hub Power Co. Ltd. (HUBC) and Lalpir…
85k crossed on the back of a strong performance from banks and EnP names 63 shares rose while 32 fell, with BAHL PA (+6.56%), HBL PA (+6.7%) and EFERT PA…
According to News, the federal government’s negotiations with Independent Power Producers (IPPs) have progressed, with four IPPs (Atlas Power, Saba Power, Rousch Power, and Lalpir Power) agreeing to terminate agreements…
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, on Friday, lauded the government for deciding to suspend the supply of…
The Korangi Association of Trade & Industry (KATI) has officially requested the Ministry of Energy to conduct a forensic technical and financial audit of the Central Power Purchasing Agency (Guarantee)…
The Hub Power Company held its financial briefing today. The following are the key takeaways from today HUBC's annual general meeting (AGM). Brief takeaways The Board informed that the company…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Sunday that the business community applauds the government's decision to revise the agreements…
The Vice President and Regional Chairman of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Zaki Aijaz, stressed the need to reduce electricity prices to 9 cents per…
The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid…
The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, as well as former provincial minister…
Former President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Chairman of the Businessmen Panel, Mian Anjum Nisar, stated that the economic conditions in Pakistan are…
