The Pakistan Telecommunication Authority (PTA) reported significant developments during the fiscal year 2023-24, including a major increase in broadband internet… Read More
OGDC Commences Production from Kunnar West Well-3
Oil & Gas Development Company Limited (OGDCL) has successfully initiated production from Kunnar West Well-3, located in Hyderabad District, Sindh.… Read More
Pakistan’s Default Risk Plummets as CDS Spread Falls 93%
Spread on Pakistan’s CDS (Credit Default Swap) – insurance against credit default risk, has fallen to a low of 505… Read More
ECC Approves Restructuring Plan for Pakistan Revenue Automation Limited
Federal Minister for Finance Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet today.… Read More
Pakistan Housing Authority Board Approves Key Housing Policies
The 58th Board of Directors meeting of the Pakistan Housing Authority (PHA) Foundation, chaired by Federal Minister for Housing and… Read More
FBR to Ban Purchase of Cars, Property and Bank Transactions for Non-Filers
The government is preparing to further tighten restrictions on non-filers. Non-filers will be prohibited from purchasing vehicles over 800cc, opening… Read More
State Bank Launches New eCIB System
The State Bank of Pakistan (SBP) has launched the new eCIB System (V2), an advanced version of its Electronic Credit… Read More
Federal Govt’s Karachi Port Planning to Award Contract to Company of Choice
In a blatant affront to the Shehbaz Sharif government’s proclaimed commitment to transparency and its efforts to position Pakistan as… Read More
Pakistan’s Textile Exports Surge 10% in 5MFY25
The country’s textile group exports increased by 10.51 percent in first five months (July-November) of the current fiscal year 2024-25… Read More
IT Ministry Working to Ensure Uninterrupted Internet for IT Parks and Tech Hubs
In response to frequent internet disruptions in Pakistan, the Ministry of IT has initiated work on a policy framework to… Read More
Digital Nation Pakistan Bill 2024 Postponed Again
A meeting of the National Assembly Standing Committee on IT and Telecom was chaired by Aminul Haque. The agenda of… Read More
Electricity Generation in Pakistan Falls by 4% in 5MFY25
Despite an uptick in November 2024, electricity generation in Pakistan during the first five months (July-Nov) of the current fiscal… Read More
