Business
IMF Satisfied With Pakistan
The International Monetary Fund (IMF) mission has expressed satisfaction with a briefing from State Bank of Pakistan (SBP) officials as both sides move into the next phase of…
Business
Business
Cement Prices in Northern Region Rise Sharply
Cement prices in Pakistan’s North region have increased by Rs. 25 to Rs. 30 per bag amid higher coal and diesel prices, according to Topline Research. The price…
Industry
Nishat Power Reports Big Turnaround
Nishat Power Limited (PSX: NPL) reported a profit after tax of Rs. 2.48 billion for fiscal year 2026, compared with a loss of Rs. 371 million in the…
Industry
Pakistan, Chinese Firms Eye Rs. 20 Billion Gas Deal
Pakistan’s Shaheen Energy and China’s Anton Oilfield Services Group are exploring investments of around Rs. 20 billion in Pakistan’s gas and upstream energy sector over the next three…
Business
Islamabad Cracks Down on Cow Owners
The district administration has banned the establishment and operation of cattle pens for cows and buffaloes in residential areas of Islamabad over concerns related to public health, cleanliness…
Agri-Business
Malaysia Agrees to Buy More Pakistani Rice
Malaysia has agreed to work with Pakistan to expand rice exports and strengthen agricultural trade, following a series of high level meetings in Kuala Lumpur between Pakistani officials…
Business
Pakistan-IMF Talks Begin Today to Unlock $1.2 Billion Loan
Pakistan and the International Monetary Fund (IMF) are set to begin formal negotiations today for the fourth review of the $7 billion Extended Fund Facility and the third…
Auto
Toyota Pakistan Accuses Competitors of Misusing GST Relief on EVs
Indus Motor Company (INDU) has raised concerns over some competitors allegedly mis-declaring vehicles under the range-extended electric vehicle (REEV) category to benefit from lower GST rates. The matter…
Business
Large Consumers May Face Higher Electricity Bills
Power consumers could face higher costs for using shared electricity infrastructure under a set of changes proposed by the National Electric Power Regulatory Authority (NEPRA), with the regulator…
Industry
More Home Consumers to Get Cheaper Gas
The government is considering additional gas tariff slabs to bring more consumers into the protected category and give them access to lower gas rates, following a directive from…
Business
Petrol Nears Rs. 400 After Sudden Increase
The federal government has decided to increase the price of motor spirit (MS) petrol for the next 3 days, according to the latest update from the Oil and…
Business
Supernet Technologies Profit Jumps Nearly 500% After Merger
Supernet Technologies Limited (STL) reported consolidated profit after tax of Rs. 467 million for the year ended June 30, 2026, up from Rs. 78 million in restated FY2025,…
Business
Govt Won’t Fully Disclose Civil Servants’ Assets
The government will not fully disclose the assets of federal civil servants due to security concerns and will instead publish selected information by December to meet the requirements…