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PTCL acquires Telenor Pakistan for Rs108bn in landmark deal

Pakistan Telecommunication Company Limited (PTCL) has announced the acquisition of Telenor Pakistan for an enterprise value of Rs108 billion on...

Published: 15 Dec, 2023

KMC approves of K-Electric's collection of MUCT through power bills

In a recent session of the Karachi Metropolitan Corporation’s (KMC) City Council, a resolution was passed to authorize K-Electric (KE)...

Published: 12 Dec, 2023

18th Karachi International Book Fair set to showcase global literary diversity

The 18th Karachi International Book Fair (KIBF), scheduled to take place from December 14th to 18th at the Karachi Expo...

Published: 12 Dec, 2023

FBR issues notices to over 700,000 non-filers

The Federal Board of Revenue (FBR) in Pakistan has taken decisive action to enhance tax compliance by issuing notices to...

Published: 07 Dec, 2023

Pak Suzuki temporarily shuts down motorcycle plant amid low sales demand and inventory concerns

Pak Suzuki Motor Company Limited has once again opted for a temporary shutdown, scheduled from December 1 to 6, for...

Published: 04 Dec, 2023

FBR achieves robust tax collection: Rs3,484bn accumulated in first five months of FY2023-24

Marking a significant fiscal accomplishment, the Federal Board of Revenue (FBR) has successfully amassed Rs3,484 billion in tax revenue during...

Published: 01 Dec, 2023

Economist Intelligence Unit releases 2023 rankings: Karachi among cheapest, Singapore and Zurich top most expensive cities

The Economist Intelligence Unit's recently unveiled list of the cheapest and most expensive cities for 2023 features Damascus, Tehran, and...

Published: 01 Dec, 2023

Petroleum prices expected to remain stable in upcoming fortnightly review

In the forthcoming fortnightly review, the prices of petroleum products are anticipated to maintain stability, with minor adjustments expected in...

Published: 30 Nov, 2023

K-Electric claims 71% of Karachi free from power outages

In a public hearing held by the National Electric Power Regulatory Authority (Nepra), K-Electric (KE) representatives asserted that the company...

Published: 29 Nov, 2023

Pakistan and Kuwait ink seven billion-dollar agreements

In a landmark meeting between Pakistan and Kuwait, Prime Minister Anwar Haq Kakar, alongside Army Chief General Syed Asim Munir,...

Published: 29 Nov, 2023

Pakistan's travel services exports surge, Earn $157.075m in first quarter

Pakistan has witnessed a notable surge in its travel services exports, generating a revenue of $157.075 million during the initial...

Published: 29 Nov, 2023

K-Electric announces ambitious investment plan for affordable and sustainable energy

In a recent development, KE Electric, under the leadership of Chief Financial Officer Ameer Ghaziani, has unveiled an ambitious investment...

Published: 28 Nov, 2023

Pakistan witnesses a 30% surge in food exports in the first four months of the fiscal year

Pakistan has experienced a significant boost in food exports during the initial four months of the current fiscal year, with...

Published: 27 Nov, 2023

Karachi industrialists threaten protests in December over unbearable gas tariffs

The industrial community in Karachi has issued a stern warning to the caretaker government, stating that if gas prices are...

Published: 23 Nov, 2023

Pakistan's cement exports surge by 40.46% in first four months of FY 2023-24

In a notable economic development, Pakistan's cement exports experienced a remarkable increase of 40.46% during the first four months of...

Published: 23 Nov, 2023

Senator proposes abolishing Rs 5,000 notes to combat inflation

A significant move unfolded in the Senate as Senator Mohsin Aziz presented a motion advocating for the abolition of Rs...

Published: 22 Nov, 2023

Caretaker minister acknowledges K Electric's deteriorated plants, calls for unified business voice

  During a recent event in Karachi, Caretaker Minister for Industries and Revenue,...

Published: 16 Nov, 2023

Karachi Dairy Farmers Association raises milk prices

The Karachi Dairy Farmers Association has announced a significant increase in milk prices across the province, citing the uncontrollable surge...

Published: 13 Nov, 2023

New York State deputy speaker advocates for increased US-Pakistan business collaboration

Deputy Speaker of the New York State Assembly, Phil Ramos, highlighted the importance of enhancing business collaboration between the United...

Published: 09 Nov, 2023