Business
DISCOs suffers Rs 591 bln loss in FY 2023-24
Power Distribution Companies (DISCOs) suffered a loss of Rs 591 billion on accounts of line losses and less recovery during last fiscal ...SNGPL commits to 24/7 emergency services for uninterrupted gas supply
Sui Northern Gas Pipelines Limited (SNGPL) is committed to providing 24/7 emergency services to its valued consumers, ensuring swift rectification of individual ...Pakistan, ADB sign landmark $500m loan agreement
Pakistan and Asian Development Bank (ADB) today signed a landmark five hundred million dollar loan agreement regarding ‘Climate and Disaster Resilience Enhancement ...Remittances surge by 24% due to SIFC’s efforts
Pakistan’s remittances have witnessed a significant rise of 24 percent due to efforts of the Special Investment Facilitation Council (SIFC). According to ...Envoy invites Chinese companies to invest in Pakistan
Pakistan’s Ambassador to China, Khalil Hahsmi has said that Pakistan has a natural advantage for renewable resources of energy with its long ...Banks start receiving Hajj applications from today
Fifteen designated banks have started receiving Hajj applications from today. According to the spokesperson of Ministry of Religious Affairs, the intending pilgrims ...PM directs to expedite action against tax evaders
Prime Minister Muhammad Shehbaz Sharif has directed the authorities concerned to expedite action against tax evaders. He was chairing a meeting in ...Afghanistan-Pakistan Chamber Warns 2% Tax Hurts Trade
The Afghanistan-Pakistan Joint Chamber of Commerce has stated in a press release that Pakistan’s imposition of a 2% tax on Afghanistan’s transit ...IMF expresses satisfaction over govt’s economic reforms
The International Monetary Fund has held constructive discussions with Pakistani authorities on their economic policy and reform efforts to reduce vulnerabilities and ...Country’s energy reserves witnessed significant increase
The country’s energy reserves have witnessed a significant increase due to efforts under the Special Investment Facilitation Council (SIFC). In this context, ...
