The federal government has shared with the International Monetary Fund (IMF) that it will increase the average electricity tariff based on annual adjustments from Rs. 5 to Rs. 7 per unit in July.
Despite the proposed increase, the government said it…
There has been a change in the acquiring entities of Engro Powergen Qadirpur Limited (PSX: EPQL) who want to purchase 68.89 percent of its equity, manager to the offer Arif Habib Limited informed the main bourse on Wednesday.
‘We, Arif Habib Limited…
The upcoming federal budget (2024-25) would issue new rates of duties and taxes on the import of black tea.
The Federal Board of Revenue (FBR) has submitted three proposals before the Finance Minister for approval.
The purpose of the exercise is to…
Investment research firm and stock markets index provider Morgan Stanley Capital International (MSCI) has added one Pakistani-listed company to its indices.
The National Bank of Pakistan (NBP) has been added to the MSCI FM Standard Pakistan Index.
…
Prime Minister Shahbaz Sharif chaired a high-level meeting on the China-Pakistan Economic Corridor (CPEC) and other projects under Chinese investment.
PM Shehbaz instructed all ministries to coordinate in order to expedite the speedy implementation …
Cnergyico PK Limited, Pakistan’s largest vertically integrated oil refining company, Tuesday announced that it is temporarily shutting down its refinery.
In a notice to Pakistan Stock Exchange (PSX), the company said that the decision has been taken…
President Federation of Pakistan Chamber of Commerce and Industry Atif Ikram Sheikh has said that the Business Community is ready to help the government in taking domestic exports to $100 billion.
The solution to energy problems in Pakistan is neces…
The State Bank of Pakistan (SBP) has forecast the GDP growth rate to be settled between 2 and 3 percent in the current financial year as against the target of 3.5 percent set earlier despite the improvement in macroeconomic indicators.
According to …
