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Pakistan approves $18.4 LNG deal with TotalEnergies amid power crunch

Pakistan approves $18.4 LNG deal with TotalEnergies amid power crunch

State-owned Pakistan LNG Limited (PLL) has approved a revised bid of $18.4 per million British thermal units (mmBtu) from TotalEnergies…
FPCCI forms new global committees to boost Pakistan’s trade outreach

FPCCI forms new global committees to boost Pakistan’s trade outreach

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has announced the formation of new national committees aimed at…
Oil prices mixed in Asia as Brent, US crude edge higher

Oil prices mixed in Asia as Brent, US crude edge higher

LONDON: Crude oil prices showed a mixed trend in Asian trade, while benchmark prices in the United States and Britain…
Pakistan clears $3.45bn UAE deposits with final $1bn repayment

Pakistan clears $3.45bn UAE deposits with final $1bn repayment

The State Bank of Pakistan (SBP) said on Friday it had repaid $1 billion to the Abu Dhabi Fund for…
NEPRA clarifies rules for solar users: Off-grid systems don’t need licenses

NEPRA clarifies rules for solar users: Off-grid systems don’t need licenses

The National Electric Power Regulatory Authority (NEPRA) has clarified that users of off-grid solar systems in Pakistan do not need…
Govt claims stable fares as chicken prices drop

Govt claims stable fares as chicken prices drop

National Price Monitoring Committee has stated that transport fares across Pakistan remain unchanged despite recent fuel price increases, while chicken…
Pakistan meets most IMF targets, $1.2bn tranche approval likely

Pakistan meets most IMF targets, $1.2bn tranche approval likely

ISLAMABAD: Pakistan has achieved 13 out of 17 quantitative targets set under the IMF loan programme by December 2025, while…
ADB signals $1 billion in additional funding for Pakistan

ADB signals $1 billion in additional funding for Pakistan

ISLAMABAD: The Asian Development Bank (ADB) has indicated it will provide Pakistan with an additional $1 billion in financing, while…
Pakistan needs up to 70,720MW extra by 2035 amid demand risks

Pakistan needs up to 70,720MW extra by 2035 amid demand risks

Pakistan is projected to need an additional 62,660 to 70,720 megawatts of power generation capacity by 2035 to sustain the…
Weekly inflation eases slightly, annual rate rises to 13.98pc

Weekly inflation eases slightly, annual rate rises to 13.98pc

ISLAMABAD: The Pakistan Bureau of Statistics has released its weekly inflation report, showing a 0.33 percent decrease in inflation on…
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