Govt to Give Cash to Senior Bureaucrats Instead of Free Electricity
For context, the federal administration has decided to provide officers of the Power Division from BS-17 to BS-21 with a payment of Rs.
Tag: Business
Alibaba Raises $10.2 Billion to Spend Entirely on AI
Alibaba is raising $10.2 billion through a major Hong Kong share placement and notes all net proceeds will be employed to strengthen its AI…
Moody's lifts Pakistan sovereign rating to B3 from Caa1, cites governance improvement…
Moody's lifts Pakistan sovereign rating to B3 from Caa1, cites governance improvement and easing of external risk.
IMF Wants Pakistan to Change Electricity Prices Quickly
In practice, the International Monetary Fund (IMF) has pressed timely electricity tariff adjustments in Pakistan, meaning that consumers could face higher power costs as…
Moody’s Upgrades Pakistan’s Credit Rating To B3 From Caa1, Outlook Stable
Moody's Ratings has upgraded Pakistan's long term foreign and local currency debt ratings by two notches to B3 from Caa1, giving the country's creditworthiness…
Rs. 1.28 Billion Added to Dasu Electricity Project Secretly
Notably, the Senate Standing Committee on Economic Affairs has sought investigations by the National Accountability Bureau (NAB) and the Federal Investigation Agency (FIA) into…
New Law Proposes up to Rs. 100 Million Fine on Unlicensed Businesses
Notably, the newly proposed Venture Capital Act, 2026 imposes a fine of up to Rs.
China’s Engineering Giant Proposes $522 Million Plan For Keti Bunder Port
As Pakistan looks to expand its maritime and logistics network, china Harbour Engineering Firm (CHEC) has proposed a preliminary engineering cost of $522.34 million…
Pakistan to Revise Petroleum Import Rules for First Bonded Oil Storage Facility
For context, the administration is due to revise its petroleum import policy as it moves to establish Pakistan's first commercial customs-bonded oil storage system,…
SECP Proposes Simplified Venture Capital Framework to Boost Startup Investment
Meanwhile, the Securities and Exchange Commission of Pakistan (SECP) has forwarded the draft Venture Capital Bill to the Board of Investment (BOI) for consultation,…