Gap between people’s income and expenditure has widened
Brig. (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW), said on Friday that the difference between the income and expenditure of the people has widened a lot, making their…
KCCI discussed on inflated electricity bills
Chairman Businessmen Group Zubair Motiwala speaks at a meeting held here on Thursday to devise plan of action for dealing with inflated electricity bills. Vice Chairmen BMG Haroon Farooki &…
Research across Pakistan documents tobacco industry tactics targeting children
A new paper from the Institute for Global Tobacco Control (IGTC) at the Johns Hopkins Bloomberg School of Public Health highlights positive outcomes in Pakistan following the release of findings…
Inflation is rising as a result of the rupee’s continual depreciation
Dr Hanif Mughal, Senior Vice President of Pakistan Economy Watch (PEW), said on Thursday that inflation is increasing due to the continuous depreciation of the rupee. The State Bank of…
Attock group posts significant rise in PAT
The Attock Group's companies posted a significant rise in its profit during FY23 as compared to FY22, increasing by 7%YoY to PKR74,872mn compared to PKR64,519mn in the same period last…
PYMA appeals to PM for cut in power tariff
Sohail Nisar, Senior Vice Chairman of Pakistan Yarn Merchants Association (PYMA), has termed the recent increases in electricity rates as destructive for businesses and industries, has appealed to the Caretaker…
Masses are being sacrificed for the interests of the elite.
Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW), said on Wednesday that the country's integrity and interests of the masses are being compromised for the sake of the elite.…
The power sector is destroying the economy, wiping out the middle class.
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that the power sector…
Renegotiate capacity charges & put a halt on sales tax, demands FPCCI
Mr. Irfan Iqbal Sheikh, President of FPCCI, has said that Pakistani households and businesses are facing mounting power prices. NEPRA's latest forecast for power purchase prices for the fiscal year…
KATI emerges as crucial player in advancing industrial sector, affirms SM Tanveer
In a bid to address the pressing economic challenges facing Pakistan, prominent voices within the industrial sector are underlining the significance of the Korangi Association of Trade and Industry (KATI)…
Power distribution companies should not be privatized.
Chairman of Pakistan Economy Watch Brigadier (Retd) Muhammad Aslam Khan said on Tuesday that electricity distribution companies should not be immediately privatised by taking advantage of the chaos in the…
People are tired of inflated power bills.
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Tuesday that the people are…
KCCI Chief appeals immediate relief in electricity bills by tomorrow
President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf has said that although the Caretaker Prime Minister convened an urgent meeting on Sunday wherein the concerned authorities were…
The power sector pushes the country toward anarchy, and people commit suicide due to excessive electricity bills.
Dr. Murtaza Mughal, President of Pakistan Economy Watch (PEW), said on Sunday that people across the country are protesting and committing suicide due to excessive electricity costs, pushing the country…
MG, KCCI leadership term unbearable electricity tariff as ‘unviable’
The Leadership of Businessmen Group and Karachi Chamber of Commerce & Industry (KCCI), while referring to the Caretaker Prime Minister's meeting scheduled in Quetta on Sunday with representatives of the…
Inflation continues to rise due to the sharp fall in the rupee value.: Mian Zahid Hussain.
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that exports and remittances…
NKATI protests against power tariff hike, demands special tariff for SMEs
The industrialists of the North Karachi Industrial Area, which is the largest industrial area in Sindh in terms of SMEs and the second-largest after Sialkot, have vehemently protested against the…
US. Ambassador Blome’s Meets with Chief Election Commissioner Raja
U.S. Ambassador Donald Blome met today with Chief Election Commissioner Sikander Sultan Raja to reaffirm the United States' support for free and fair elections conducted in accordance with Pakistan's laws…
Motiwala extends full support to the interim govt in dealing with economic crises, inflation, cost of doing business
Chairman Businessmen Group (BMG) Zubair Motiwala, while warmly welcoming the positive gestures shown by Caretaker Prime Minister Anwar ul Haq Kakar during meeting with the business community of Karachi, assured…
foodpanda and Heal Aid Foundation join forces to support hardworking delivery riders
foodpanda, Pakistan's leading delivery platform, has teamed up with Heal Aid Foundation to extend support and appreciation to its dedicated delivery riders. As part of this collaboration, Heal Aid Foundation…
Currency depreciation and widening CAD are troublesome: Mian Zahid Hussain.
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that the power sector…
Dr. Shamshad Akhtar will face economic challenges: Mian Zahid Hussain
On Friday, the Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain welcomed the caretaker federal…
Rising petroleum prices strain the economy, threatening industries and employment, warns KATI President.
The decision by the caretaker government to escalate the price of petroleum by 17 rupees to 50 paise and diesel by 20 rupees has drawn strong criticism from Faraz-ur-Rehman, the…
Pakistan facing economic instability, a low growth rate, and high inflation: Mian Zahid Hussain
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that the country is…
The caretaker prime minister and Cabinet will likely face tough choices: Mian Zahid Hussain.
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 policy…