PTA Wants More Power Over Telecom Transactions
In practice, the Pakistan Telecommunication Authority (PTA) has proposed removing the one-year limit for reconsidering telecom merger and transaction approvals, seeking the power to…
Tag: Business
Karachi Milk Could Hit Rs. 300
Dairy farmers in Karachi have demanded a Rs. 60 per liter growth in milk costs, warning that they will set the retail cost at…
Should Pakistan Declare Houthis Terrorists?
Tahir Mehmood Ashrafi has declared Yemen's Houthis terrorists and remarked they have no connection with Islam.
Gold Sharply Recovers in Pakistan
Gold rates in Pakistan rebounded on Wednesday after international rates suddenly reversed losses.
Imran H Shaikh Takes Charge as BankIslami’s President &Chief Executive Officer
BankIslami, one of the fastest-growing Islamic financial institutions in Pakistan, has appointed Imran H Shaikh as its President & Chief Executive Officer.
Govt May Allow Private LNG Imports
Pakistan is considering allowing power plants and other private firms to directly import liquefied natural gas as the administration seeks to secure energy supplies…
Barrick Delays Full Reko Diq Construction Over Security Concerns
Barrick Mining Corporation has slowed development of the Reko Diq copper and gold project in Balochistan and is reviewing its intends, saying security conditions…
IMF Tells Pakistan to Fix SOE Laws or Face Loan Delays
Pakistan will have to move faster on changes to state owned enterprise laws as the International Monetary Fund has triggered concern over repeated delays…
Govt Bases FY27 Borrowing Plan on Rs. 290/Dollar Exchange Rate
In practice, the federal administration has projected gross financing needs of Rs.
IMF Urges Alternative Revenue Sources if Petroleum Levy Is Cut
Meanwhile, the International Monetary Fund (IMF) has pressed Pakistan to maintain fiscal stability and take steps to reduce rising circular debt in the energy…