Technology
Cyber Threats Surge by 17% in Pakistan During 2023
The year 2023 saw a notable escalation in cyber threats, with incidents spiking by 17% in Pakistan. This surge in threats underscores the growing challenges and vulnerabilities in the digital landscape, necessitating heightened cybersecurity...
Business
Power Generation Faces Decline as Fuel Costs Surge by 23% in January 2024
In a concerning trend, power generation in Pakistan continues to experience a decline, coupled with a notable increase in fuel costs. The month of January 2024 witnessed a 23% surge in fuel expenses, posing...
Business
FBR Invites Proposals on Customs-Related Budget for FY25
In a proactive move, the Federal Board of Revenue (FBR) has extended an invitation for proposals pertaining to customs-related budget considerations for the fiscal year 2025 (FY25). This initiative underscores FBR's commitment to engaging...
Business
Foreign Investment Outflow Reaches 5-Year High in Pakistan
In a noteworthy development, Pakistan has experienced a substantial surge in foreign investment outflow, marking a five-year high. This trend raises significant concerns and points to a shift in the investment landscape of the...
Business
Engro Fertilizers welcomes gas tariff revision as a step in the right direction
Engro Fertilizers welcomes the fact that the government has taken a bold first step by removing the subsidy for fertilizer manufacturers that get their gas from the SNGPL network, which represents 60% of all...
Business
Tetra Pak demonstrates packaging circularity at Euro Village 2024
Tetra Pak showcased its commitment to packaging circularity at Euro Village 2024, hosted by the European Union in Islamabad. The event provided an excellent platform for Tetra Pak to demonstrate its ongoing efforts towards...
Business
Meezan Bank announces Financial Results for the Year 2023
The Board of Directors of Meezan Bank, has approved the financial statements of the Bank and its consolidated financial statements for the year ended December 31, 2023. The meeting was chaired by Mr. Riyadh...
Business
OGDC Discovers Additional Gas Reserves in Sindh
The Oil and Gas Development Company Limited (OGDC) has made a significant discovery of additional natural gas reserves in the Sindh province. This discovery marks a positive development in Pakistan's energy sector, contributing to...
