10 IPPs Seek Contract Termination Over Unfair Terms
Ten Independent Power Producers (IPPs) established under Pakistan’s 2002 Generation Policy have approached Prime Minister Shehbaz Sharif, seeking to terminate
Life Insurance Dominates with 64% Share of Gross Premiums in Pakistan’s Market
The Securities and Exchange Commission of Pakistan (SECP) data revealed that the life insurance sector accounts for 64% of the insurance
Local Mobile Phone Manufacturing Surges in Pakistan, Outpacing Imports
In the first nine months of 2024, local manufacturing and assembling plants in Pakistan produced 22.59 million mobile handsets, significantly
COLABS Secures $2 Million in Pre-Series A Funding to Expand into Saudi Arabia
Lahore-based coworking platform COLABS has successfully raised $2 million in a pre-Series A funding round, led by UAE’s Shorooq Partners
Finance Minister Aurangzeb to Seek $2 Billion in Climate Financing from IMF
Finance Minister Muhammad Aurangzeb is set to request $2 billion in climate financing from the International Monetary Fund (IMF) this
CFOs Go Into Hiding Amid FBR’s Crackdown on Tax Fraud
Following the recovery of nearly Rs. 700 million from a leading exporter in Faisalabad, the Federal Board of Revenue (FBR)
5 IPPs to Receive Rs. 72 Billion in Cash Settlements, 18 More Expected in Next Round
Five Independent Power Producers (IPPs) in Pakistan are set to receive a total of Rs. 72 billion as part of
Govt Proposes New ‘Take and Pay’ Model for IPPs
The government is preparing to offer a new ‘take and pay’ model to 18 Independent Power Producers (IPPs) established under
FBR Sees Surge in Tax Returns: Over 4 Million Filed Till Now, Says FBR Chairman
In an informal conversation with the media, the Chairman of the Federal Board of Revenue (FBR), Rashid Langrial, shared significant
PIA Bidders Demand More Time, Tax Breaks, and Stake Increase
The Senate Standing Committee on Privatization recently held an in-depth discussion regarding the privatization of Pakistan International Airlines (PIA). Officials
