Business

NEPRA Member (Tariff and Finance) Resigns

Mathar Niaz Rana, the Member (Tariff and Finance) of the National Electric Power Regulatory Authority (NEPRA) from Balochistan, unexpectedly resigned…

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Serious Flour Shortage Crisis Looms Due to Govt’s New Wheat Procurement Policy

The government’s decision to discontinue buying wheat from farmers this season has drawn harsh criticism from Chaudhry Shafiq Anjum, president…

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FBR Revises Sales Tax De-registration Process

Those who ask to be de-registered will not get any input tax adjustments or refunds from the Federal Board of…

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90% Medicines Available in Local Market Manufactured Domestically

Federal Minister for Health Mustafa Kamal met with a high-level delegation from the Pakistan Pharmaceutical Manufacturers Association (PPMA), headed by…

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Global Economy Likely to Avoid Recession Despite Tariffs: IMF Chief

Despite the impact of US President Donald Trump’s tariff rollout on growth, the chief of the International Monetary Fund stated…

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NEPRA Conducts Public Hearing on KE’s Write-Off Claims

NEPRA wrapped up its hearing on K-Electric’s extra claims of unrecoverable dues against chronic defaulters between FY17 and FY23 on…

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Govt to Invite Fresh Bids for PIA Privatization Next Week

According to a statement issued by the privatization ministry on Wednesday, the government plans to publish a new ad asking…

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Kuwait Extends Oil Credit Facility to Pakistan for 2 More Years

Pakistan now enjoys a two-year extension on Kuwait’s deferred oil payment arrangement. The agreement allows Pakistan State Oil (PSO) to…

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Haleon Pakistan to Appoint Qawi Naseer As New CEO

Haleon Pakistan Limited (PSX: HALEON) has appointed Qawi Naseer as the Chief Executive Officer of the company. The current Chief Executive Officer…

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Govt Ends 31,000 More Jobs

The civil government has abolished 30,968 public sector positions and plans to exclude an fresh 7,724 in the forthcoming phases. The Cabinet Secretary informed the Senate Standing Committee on Finance that utmost of the abolished posts are…

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