ISLAMABAD, March 06: The Securities and Exchange Commission of Pakistan (SECP) registered 3,444 new companies in February, bringing the total number of registered companies in the country to 287,049, reflecting continued growth in Pakistan’s corporate sector. Private limited companies accounted for 59 percent of the new registrations, followed by single-member companies at 38 percent. The…
Pakistan may take weeks or even months to restore LNG supplies from Qatar after QatarEnergy declared force majeure on exports following disruptions at its Ras Laffan facilities amid escalating conflict in the Gulf region. Pakistan could face prolonged gas supply disruptions after QatarEnergy declared force majeure on liquefied natural gas exports following a halt of…
Pakistan approaches Saudi Arabia and UAE for fuel supplies as shortages emerge and global buyers shift to Russian crude. Pakistan is rushing to Middle Eastern countries including Saudi Arabia and the United Arab Emirates after the closure of the Strait of Hormuz raised fears of an oil shortage in the country. Authorities are seeking urgent…
Government seeks power sector data to prepare IMF case on captive power levy. Minister for Petroleum and Natural Resources Ali Pervaiz Malik has approached Power Minister Sardar Awais Ahmad Khan Leghari seeking detailed data on captive power consumers who shifted from gas to the national grid. The petroleum minister requested the data to help prepare…
Pakistan’s tax authority launches feasibility and design phase for a digital cargo tracking system aimed at curbing smuggling and sales tax evasion. The Federal Board of Revenue has signed a contract for the strategic feasibility assessment and solution design of the National Cargo Tracking System and the e-Bilty mechanism. The agreement marks a key step…
The Tecno Camon 50 Series has officially launched, introducing advanced AI-powered photography and flagship-grade performance to the mid-range smartphone segment. Starting at around 5 million IDR (approximately $330 USD), the lineup includes two models: CAMON 50 and CAMON 50 Pro 5G. Tecno designed the new series to integrate artificial intelligence deeply into the camera system…
State Bank warns citizens against black market purchases as Pakistan prepares for Eid-ul-Fitr 2026 new currency distribution through banks, SMS service, and SBP offices nationwide. Pakistan’s central bank has advised citizens to obtain new currency notes for Eid-ul-Fitr 2026 only through official banking channels, warning against black market vendors charging inflated prices during the festive…
Federal Minister for Board of Investment Qaiser Ahmed Sheikh held an important meeting with a high-level delegation of the Chinese company Aerospace Development Industry Investment Group Co., led by Mr. Lu Jinhai, Party Secretary and Chairman of the Board. Welcoming the delegation, the Federal Minister highlighted the vast investment opportunities available in Pakistan and appreciated…
The sub body of senate panel has sought detailed briefing on PSO, PPL and PARCOThe Sub-Committee of the Senate Standing Committee on Petroleum met at Parliament House under the convenorship of Senator Manzoor Ahmed Kakar to review the legal and regulatory framework governing the appointment of Boards of Directors in petroleum sector companies.The meeting was…
ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Thursday chaired a high-level meeting to assess emerging logistical challenges facing Pakistan’s trade, particularly in the energy sector, amid evolving geopolitical tensions in the region. The 11-member committee, constituted on the directives of the Prime Minister to formulate a comprehensive response strategy aimed at…