Chairman Pakistan Telecommunication Authority (PTA) Major General (R) Hafeezur Rehman on Monday said the regulator will block all illegal virtual… Read More
Huge Network Disruption Likely Without Renewal of LDI Licenses: PTA
Pakistan Telecommunication Authority (PTA) on Monday warned the Senate Standing Committee on IT and Telecom of massive disruptions and issues… Read More
Circular Debt to Spike by Rs. 100 Billion This Fiscal Year
The federal government has informed the International Monetary Fund (IMF) that the power sector’s circular debt is set to rise… Read More
Ferozsons Laboratories’ Subsidiary Gets Approval for IPO At PSX
The Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange (PSX) have approved the listing application of… Read More
Lucky Core Industries Completes Acquisition of Pfizer Plant in Karachi
Lucky Core Industries Limited (PSX: LCI) has completed the purchase of a manufacturing facility owned by Pfizer Pakistan Limited located… Read More
Artistic Milliners Ltd Decides Not to Buy Dawood Lawrencepur’s Subsidiary
Artistic Milliners (Private) Limited has decided not to buy Tenaga Generasi Limited (TGL) which owns a 49.5 MW wind power… Read More
FPCCI Demands SBP to Cut Policy Rate by 4%
The Federation of Pakistan Chambers of Commerce and Industries (FPCCI) has made a big demand from the government and Monetary… Read More
Petroleum Industry Urges FBR to Reconsider Recent Budget Taxes on OMCs
The Oil Marketing Association of Pakistan (OMAP) has raised concerns regarding the recent budget announcement and its implications for the… Read More
PSX to Remain Closed on September 17
The Pakistan Stock Exchange (PSX) will remain closed on September 17, Tuesday, on the occasion of Eid Milad-un-Nabi. “All TRE… Read More
Govt Renegotiating IPP Contracts to Cut Electricity Prices: Energy Minister
The federal government is renegotiating contracts with independent power producers (IPPs) to reduce electricity rates across the country, Energy Minister… Read More
International Oil Prices Crash With WTI Below $70 Amid Demand Issues
Oil prices fell on Sunday with Brent crude falling below $72 amid sluggish demand and reports that Libya is close… Read More
Govt Finalizes Mandatory Retirement Scheme for Employees
The federal government has finalized a compulsory “Severance Package” for its employees, high level sources told ProPakistani. Sources said this… Read More
