Energy security concerns push Japan to reconsider fuel mix Japan is considering a shift from liquefied natural gas (LNG) to coal in its energy mix, as authorities assess supply risks and rising fuel costs in global markets, according to a report. The move reflects growing concerns over energy security following volatility in global LNG supplies….
Rising 4G adoption drives surge in mobile subscribers nationwide Pakistan’s mobile subscriber base has crossed 204 million, driven by continued growth in 4G usage and expanding digital connectivity across the country, according to latest industry data. The increase reflects steady demand for mobile broadband services, as telecom operators expand network coverage and improve data infrastructure….
The Punjab province has disbursed Rs 100 billion CM Punjab’s Asaan Karobar Finance Scheme less than in a year. The Punjab Small Industries Corporation (PSIC) gave a presentation on CM Punjab’s Asaan Karobar Finance Scheme under which a record Rs100 billion have been disbursed among entrepreneurs in less than one year. Bank of Philippines and…
Gold prices in Pakistan dropped on Friday, with the per tola rate falling by Rs1,000 to Rs467,262, according to data released by the All Pakistan Sarafa Gems and Jewellers Association. The price of 10 grams of 24-karat gold declined by Rs858 to Rs400,601, while 10 grams of 22-karat gold decreased by Rs787 to Rs367,230. The…
Finance Minister Chairs Meeting of CCoSOEs The Cabinet Committee on State-Owned Enterprises (CCoSOEs) met today at the Finance Division under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. The Committee considered and approved a summary submitted by the Railways Division regarding the appointment of four independent and three ex-officio members…
Pakistan and Kuwait agreed to expand trade, investment, and industrial cooperation during a high-level meeting between SAPM Haroon Akhtar Khan and Ambassador Nasser Al-Mutairi in Islamabad. Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, held a meeting with the Ambassador of Kuwait to Pakistan, Nasser Abdulrahman Jassim Al-Mutairi, to…
The Ministry of Energy (Power Division) successfully conducted a consultative session on the proposed draft multi slab ToU industrial tariff regime, bringing together key stakeholders from across Pakistan’s industrial landscape. The session was attended by representatives from FPCCI, APTMA, LCCI, and other leading industrial consumers, along with members of the media. Read More: Nepra Slashes…
Gold prices in Pakistan dropped sharply on Thursday, with 24-karat rates falling by Rs11,000 per tola to Rs468,262, reflecting declines in both local and international markets. Gold prices in Pakistan recorded a steep decline on Thursday, March 26, as the All Pakistan Sarafa Gems and Jewellers Association reported a major drop across all categories. The…
ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Wednesday said the government was taking steps to provide maximum facilitation at ports to attract foreign cargo transshipment in view of the evolving regional situation. Chairing a high-level meeting to review issues faced by importers and exporters at ports, Junaid Chaudhry said Pakistan was…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved seven pension funds for the Government of Balochistan, marking the practical implementation of the Defined Contribution (DC) pension model in the province. This development is part of the government’s broader strategy to shift from the traditional Defined Benefit (DB) pension system to a more…