CCP Greenlights Currency Exchange Merger
The Competition Commission of Pakistan (CCP) has approved a significant merger in the cross-border remittances and currency exchange sector. The transaction involves M/s UBL...
Federal Cabinet Approves Major Hike in Electricity Tariff
The federal cabinet has approved a substantial increase in the electricity tariff for residential consumers using between 100 and 500 units per month.According to...
FBR Blocks 210,000 SIM Cards to Enforce Tax Compliance
The Federal Board of Revenue (FBR) has announced the blocking of 210,000 SIM cards belonging to users who have not filed their tax returns,...
Government to Shut Down Pakistan Steel Mills
The federal government has announced the closure of Pakistan Steel Mills (PSM), a state-owned enterprise burdened by years of heavy losses.Secretary of Industry and...
Pakistan Meets IMF Conditions, Finalizes Rs 5 Increase in Electricity Tariff
Pakistan has informed the International Monetary Fund (IMF) of its compliance with all preconditions, while the government finalizes an increase of over Rs. 5...
