BeNewz Report ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Senator Muhammad Aurangzeb, convened on Tuesday to approve significant financial allocations and key policy proposals aimed at bolstering various sectors of the economy. The committee approved over Rs 11 billion in grants, including a relief …
Read More »CCP’s decision against LDI operators upheld
BeNewz Report ISLAMABAD: The Competition Appellate Tribunal has upheld the Competition Commission of Pakistan’s (CCP) decision to penalize Pakistan Telecommunication Company Limited (PTCL) and other Long Distance International (LDI) operators for entering into an anti-competitive International Clearing House (ICH) agreement. The tribunal directed the companies to deposit the fine within …
Read More »OGDCL’s Gas Project: A New Dawn for Jhal Magsi
BeNewz Report ISLAMABAD: In the rugged, remote landscapes of Balochistan, a transformation is underway. What began as a strategic national energy project has blossomed into a story of community uplift and renewed hope, said an official release of the OGDCL. In a direct response to Prime Minister Muhammad Shehbaz Sharif’s …
Read More »Looming energy crisis threatens Pakistan’s economy
Aftab Maken ISLAMABAD: Pakistan’s energy sector is teetering on the brink of collapse, facing a severe financial crisis that could trigger a significant increase in gas prices for consumers starting January 1, 2026. A deepening circular debt, blamed on systemic mismanagement and a lack of a cohesive national energy policy, …
Read More »FBR imposes a limit on retail & E-commerce cash transactions
Aftab Maken ISLAMABAD: To promote the digital economy and broaden the tax base, the federal government has imposed a cash transaction limit of Rs 200,000 for retail outlets and e-commerce Cash on Delivery (COD) payments. According to a circular issued by the Federal Board of Revenue (FBR) on August 12, …
Read More »Innovation drive links skills, farming, & energy efficiency
BeNewz ISLAMABAD: The government has accelerated work on three landmark social impact initiatives aimed at boosting skills development, providing affordable credit to small farmers, and promoting household energy efficiency, with launches targeted in the coming weeks. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired back-to-back meetings on Thursday …
Read More »Major companies rely on multi-vendor ecosystems for Cybersecurity
The majority of companies (72%) rely on multi-vendor ecosystems even though such fragmented security solutions lead to operational and financial strains. Such findings were revealed in the recent Kaspersky research. A study titled “Improving resilience: cybersecurity through system immunity,” conducted by Kaspersky, examined how organizations manage cybersecurity today, focusing on …
Read More »Govt moves to privatize ZTBL
Aftab Maken ISLAMABAD: To reform the country’s agricultural financing system, the Privatization Commission has signed a Financial Advisory Services Agreement (FASA) for the strategic privatization of Zarai Taraqiati Bank Limited (ZTBL). The agreement, inked with a consortium led by Next Capital Limited, underscores the government’s push to modernize state-owned enterprises …
Read More »ECC greenlights major economic initiatives, including industrial estate at PSM land
Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, led by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, on Wednesday approved a series of key economic and development measures aimed at boosting industrial growth, improving global competitiveness, and strengthening national institutions, said an official release of …
Read More »Aurangzeb sees energy, interest rate cuts ahead
Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday said Pakistan’s agricultural sector has been brought under the tax net and renegotiated agreements with Independent Power Producers (IPPs) have led to lower electricity prices, with further relief expected in the coming days. He added that losses in the power sector …
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