Winter Electricity Bills Expected to be Unbearable
Electricity consumers in Pakistan could face a tough winter as fuel rate adjustments are projected to rise significantly during December, January, and February.
Tag: Business
Cheaper Money Transfers Announced for Overseas Pakistanis
Pakistani banks are exploring cheaper ways to receive remittances from Europe and other international markets as they seek to attract overseas Pakistanis, reduce reliance…
OGDC Profit Surges 53% to Rs. 58.5 Billion as Cash Reserve Hits…
Oil and Gas Development Firm Ltd. Noted first-quarter profit rose 53%, driven by higher oil and gas production and a surge in income earned…
AdalFi Plans Rs. 652 Million IPO to Expand Islamic, SME Lending
Lahore-based digital lending platform AdalFi intends to launch an initial public offering (IPO) next month, seeking to raise up to Rs.
Petroleum Levies Adding Rs. 10 to Every Unit of Electricity
In practice, the power division and industrial representatives have pressed the removal or reduction of petroleum levies on furnace oil and high-speed diesel employed…
Pakistan Receives 3rd Qatar LNG Cargo in October
Pakistan has received its third liquefied natural gas (LNG) cargo from Qatar this month, providing some relief to the country's gas supply system against…
Pakistan Buys Record Batteries in 6 Months to Cut Power Bills
Pakistan imported more than 4.5 gigawatts (GW) of battery storage equipment in the first half of 2026, almost half of the country's cumulative historical…
New Provinces Could Cost Pakistan Rs. 730 Billion Annually: Report
Notably, a private think tank has cautioned that creating new provinces in Pakistan could impose a substantial recurring burden on public finances, with annual…
ABHI Microfinance Bank to Raise Rs. 3 Billion Through IPO Next Month
ABHI Microfinance Bank intends to raise up to Rs. 3 billion through an initial public offering (IPO) of 132 million ordinary shares on the…
Pakistan Climbs Four Places in Global Innovation Index 2026
Pakistan has improved its position in the Global Innovation Index (GII) 2026, climbing four places to 95th among 139 economies and reclaiming its status…