Fire Reignites at Korangi Creek in Karachi Hours After Self-Extinguishing
A fire has erupted once again at Korangi Creek in Karachi, just hours after it had mysteriously extinguished itself. The
PDMA Issues Glacial Lake Outburst Flood Warning for KP as Temperatures Rise
The Provincial Disaster Management Authority (PDMA) has issued an urgent alert warning of potential glacial lake outburst floods (GLOF) in
Fitch Ratings Upgrades Pakistan’s Credit Rating to ‘B-‘ from ‘CCC+’ with Stable Outlook
Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘CCC+’ with a Stable outlook, reflecting
SECP to Set Up Dedicated Corporate Ultimate Beneficial Ownership Registry
The Securities and Exchange Commission of Pakistan (SECP) has proposed certain amendments to the Companies Regulations, 2024 (the Regulations) to
Pakistani Labor Immigration to UAE Plummets as Saudi Arabia Becomes Top Destination
Pakistani labor immigration to the United Arab Emirates (UAE) has declined sharply during the first quarter of 2025, primarily due
Pakistan Faces 3,000 MW Power Shortfall as Demand Exceeds 21,000 MW
Pakistan’s electricity demand has surged beyond 21,000 megawatts (MW), creating a significant power shortfall, according to sources within the Power
Mysterious Karachi Gas Pit Fire Extinguishes After 18 Days
A fire that had been burning for 18 days in a gas pit in Karachi has mysteriously extinguished itself without
KP Govt Legalizes Cannabis Cultivation for Industrial and Medical Use
The Khyber Pakhtunkhwa government has taken a landmark decision to legalize the cultivation of cannabis (hemp) in specific districts of
IMF Mission Identifies Political Appointments and Weak Oversight in Pakistan’s Governance
The International Monetary Fund (IMF) has identified significant governance and corruption challenges in Pakistan’s public sector following a comprehensive assessment.
Neelum-Jhelum Hydropower Project Closure Costs National Exchequer Rs. 42 Billion Annually
The Neelum-Jhelum Hydropower Project (NJHP) has been incurring substantial financial losses due to repeated closures, with an estimated annual loss
