Nepra’s SOI report 2022: a comment — I

Nepra (National Electric Power Regulatory Authority) has recently released its annual State of Industry (SOI) report 2022. As the name implies, the report gives a comprehensive picture of the power sector, outlining major issues...

Forget FY24

In 2021, buckling under the pressure of a rising import bill, soaring inflation, and shrinking reserves, the State Bank of Pakistan (SBP) in its abundant wisdom decided to impose extensive limits on automotive financing. The loa...

12-Dec-2024 Read More

Discos: Dancing to the tune of inefficiency

NEPRA’s FY24 Performance Evaluation Report is out, and the results are depressingly predictable. Pakistan’s power distribution companies (DISCOs) have once again set the bar low—and then tripped over it. Nearly every perfo...

12-Dec-2024 Read More

APTMA urges FBR to revisit new customs system

ISLAMABAD: All Pakistan Textile Mills Association (Aptma) has urged the Federal Board of Revenue (FBR) to review new system in consultation with the industry. In a letter to Chairman FBR, Secretary General APTMA Shahid Sattar...

12-Dec-2024 Read More

Remarks on CASA-1000 project: Tajik minister seeks clarification from power minister

ISLAMABAD: Tajikistan’s Minister for Energy and Water Resources, Juma Daler Shofaqir, has reportedly sought clarification from Pakistan’s Minister for Power, Awais Leghari, regarding his recent remarks on the CASA-1000 proje...

12-Dec-2024 Read More

‘40pc of world’s Shariah-compliant financial experts hail from Pakistan’

KARACHI: Pakistan has firmly established itself as a key player in the global Islamic banking sector, with nearly 40 percent of the world’s Shariah-compliant financial experts hailing from the country. This recognition come...

12-Dec-2024 Read More