Business

PARCO, Cnergyico lead $1bn refinery exports

PARCO, Cnergyico lead $1bn refinery exports

Pakistan’s oil refining sector has achieved a major milestone. The country’s five major refineries exported petroleum products worth around $1.046…
Pakistan faces risk of LPG shortage as security concerns disrupt supply routes

Pakistan faces risk of LPG shortage as security concerns disrupt supply routes

ISLAMABAD: Pakistan could face an LPG shortage in the coming days, with prices also likely to rise further amid growing…
CPPA seeks Rs2.52 per unit increase in electricity tariff

CPPA seeks Rs2.52 per unit increase in electricity tariff

KARACHI: The Central Power Purchasing Agency (CPPA) has approached the National Electric Power Regulatory Authority (Nepra) seeking an increase of…
Pakistan stocks plunge, investors lose billions as KSE-100 drops 2,546 points

Pakistan stocks plunge, investors lose billions as KSE-100 drops 2,546 points

KARACHI: Pakistan’s stock market witnessed heavy selling pressure on Tuesday, with the benchmark KSE-100 Index plunging 2,546 points and leaving…
Goods transporters suspend nationwide strike for 40 days after govt talks

Goods transporters suspend nationwide strike for 40 days after govt talks

KARACHI: Goods transporters have announced that they will defer their nationwide strike for 40 days following negotiations with government representatives…
Pakistan targets $1.5bn hybrid rice market in China

Pakistan targets $1.5bn hybrid rice market in China

Pakistan has a major opportunity to increase its hybrid rice exports to China and could potentially secure exports worth up…
Pakistan unveils major construction reforms to boost investment

Pakistan unveils major construction reforms to boost investment

ISLAMABAD: The federal government is preparing a wide-ranging reform package aimed at revitalising Pakistan’s construction industry, improving regulatory oversight and…
Pakistan set to begin $2.5bn ML-1 Railway upgrade in January 2027

Pakistan set to begin $2.5bn ML-1 Railway upgrade in January 2027

LAHORE: Pakistan Railways is moving ahead with preparations for the first phase of the $2.5 billion Main Line-1 (ML-1) project,…
Federal Constitutional Court upholds tax credit adjustment against super tax

Federal Constitutional Court upholds tax credit adjustment against super tax

The Federal Constitutional Court (FCC) on Monday ruled that adjusting tax credits against super tax is lawful, setting aside an…
Digital banking users in Pakistan reach 137 million: Bilal Kiani

Digital banking users in Pakistan reach 137 million: Bilal Kiani

ISLAMABAD: Minister of State for Finance Bilal Azhar Kiani has claimed that the number of digital banking users in Pakistan…
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