Business

Privatisation commission appoints ADB as financial adviser for Islamabad airport outsourcing

Privatisation commission appoints ADB as financial adviser for Islamabad airport outsourcing

The Privatisation Commission Board has appointed the Asian Development Bank (ADB) as the financial adviser for outsourcing the operations of…
Jet fuel price rises after petrol and diesel hike

Jet fuel price rises after petrol and diesel hike

The federal government has increased the price of jet fuel, a day after announcing a significant rise in petrol and…
ECC defers decision on indigenous gas tariff for LNG power plants

ECC defers decision on indigenous gas tariff for LNG power plants

ISLAMABAD: The Economic Coordination Committee (ECC) has postponed a decision on fixing the tariff for indigenous natural gas supplied to…
Two thousand illegal gas connections cut in Kotri

Two thousand illegal gas connections cut in Kotri

Sui Southern Gas Company’s Kotri Zone has conducted a major operation against gas theft across various areas of the Kotri…
Power Sector privatisation begins: three companies targeted

Power Sector privatisation begins: three companies targeted

The government has started the privatisation process of three power distribution companies as part of its plan to introduce a…
Prices of 22 essential items rise

Prices of 22 essential items rise

Pakistan’s Federal Bureau of Statistics has released its latest weekly inflation report, highlighting mixed price trends across essential commodities. According to the…
World Bank approves $375.9m for Pakistan’s power grid modernisation

World Bank approves $375.9m for Pakistan’s power grid modernisation

WASHINGTON: The World Bank’s Board of Executive Directors has approved $375.9 million in financing for Pakistan’s Grid Stability Enhancement Project,…
Pakistan adds 190,000 new stock market investors in past year: SECP

Pakistan adds 190,000 new stock market investors in past year: SECP

Over 190,000 investors had entered Pakistan’s stock market over the past year, lifting the total investor strength to 600,000 and…
Inquiry against Customs officials starts for misuing Export Facilitation Scheme

Inquiry against Customs officials starts for misuing Export Facilitation Scheme

The Collectorate of Customs (Enforcement), Karachi, has detected an alleged large-scale misuse of the Export Facilitation Scheme (EFS) by importers,…
Nine agents arrested for illegal deductions in BISP funds

Nine agents arrested for illegal deductions in BISP funds

The Federal Investigation Agency (FIA), taking action against agents who deducted relief money from Benazir Income Support Programme (BISP) illegally,…
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