Electricity consumers in Pakistan are likely to get a relief of around Rs. 1.14 per unit in their upcoming bills… Read More
Karachi-Bound Oil Tanker Safely Exits Strait of Hormuz Through US Blockade
A Pakistan-flagged oil tanker has successfully exited the Strait of Hormuz carrying crude oil from the United Arab Emirates, showing… Read More
Power Generation Up 6.3% in March But Loadshedding Still Active in Pakistan
Pakistan’s power generation rose to 8,939 GWh in March 2026, up 6.3 percent year on year (YoY) and 16.2 percent… Read More
Minister of State for Finance to Engage Business Community in Karachi This Week
Minister of State for Finance Bilal Azhar Kiani is scheduled to visit Karachi on April 18 and 19, where he… Read More
Crescent Star Foods to Merge into PICIC Insurance Under Court-Approved Scheme
Crescent Star Insurance Limited has announced that the Sindh High Court has approved a scheme of arrangement for the merger… Read More
SBP Rolls Out New Rules for Real-Time Bank Payment System
The State Bank of Pakistan has issued revised operating rules for its PRISM+ system, the country’s real-time interbank payment and… Read More
IGI Group Acquires Akzo Nobel Pakistan in Rs. 16.2 Billion Deal
IGI Holdings Limited has announced that its wholly owned subsidiary IGI Investments (Private) Limited, has entered into a share purchase… Read More
Pakistan Targets Global Investors With New Bond Plan Ahead of IMF Approval
Pakistan’s Finance Minister Muhammad Aurangzeb has confirmed the launch of a Global Medium-Term Note (GMTN) program, as the country prepares… Read More
Rs. 1,000 Billion Parked in Bank Accounts by SOEs Instead of Govt Fund
The Senate Standing Committee on Finance has expressed serious concern after learning that over Rs. 1,000 billion held by state-owned… Read More
Govt to Give Free Land to Developers for Special Economic Zones
Pakistan’s National Assembly Standing Committee on Finance has approved a key amendment bill allowing the government to lease state land… Read More
Car Financing Hits Rs. 345 Billion, Rises for 16th Straight Month
Pakistan’s auto financing continued its upward trend, with outstanding car loans rising for the 16th straight month to Rs. 345.34… Read More
Long-Delayed M-12 Motorway Finally Back on Track
Pakistan’s Special Investment Facilitation Council (SIFC) has revived the long-delayed M-12 Motorway project, turning it into a priority infrastructure scheme… Read More
