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…
Tag: Industry
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…
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,…
$5 Billion Refinery Upgrade Plan Faces Policy Uncertainty Over Govt’s Deregulation Push
In practice, the government's push to deregulate petroleum rates has put Pakistan's refinery sector at a policy crossroads, with industry experts calling for a…
Local Mobile Phone Assembly Jumps 102% in July, Meeting 97% of Demand
Local manufacturing and assembly of mobile phones in Pakistan rose 9 percent year over year to 3.90 million units in July 2026, according to…
Serentica-Resonia plan Rs 1.2-lakh-cr capex
Serentica Renewables and Resonia plan to invest Rs 1.2 lakh crore as capex over the next four years, on the back of Rs 40,…
88% Indian Doctors Think Nicotine Causes Cancer
While 87 percent believed it directly causes atherosclerosis and 86 percent linked nicotine directly to chronic obstructive pulmonary disease (COPD), an international survey of…
PS5 Owners Start Boycott Over Sony’s Plan to End Physical Discs
Notably, a group of PlayStation fans has began a week-long boycott of Sony's gaming platform in protest against the company's plan to end physical…
Pakistan Can Become Big Player in Global Halal Economy: ICCD
Pakistan has solid potential to rise its share of the global Islamic economy by developing new Shariah-compliant financial products, improving regulations and building specialized…
IRDAI bars life insurers Pramerica, Edelweiss from opening new branches for 6…
IRDAI bars life insurers Pramerica, Edelweiss from opening new branches for 6 months The insurers were cautioned for their failure to remain within the…