Category: Business

Electricity Bills

Electricity Bills Becoming a ‘Second Tax Notice’? Shocking Rs1.9 Trillion Revelation Stuns Consumers

Pakistan’s already burdened electricity consumers are now facing renewed outrage after official documents revealed that more than Rs1.906 trillion in taxes has been collected through electricity bills over the past three years. The disclosure has intensified public concern over rising utility costs at a time when inflation and energy prices continue to squeeze household budgets […]

Gold Prices Keep Slipping in Pakistan for Second Straight Day — What’s Driving the Drop?

Gold prices in Pakistan continued their downward trend on Saturday, marking a second consecutive day of decline as international market pressures weighed heavily on local bullion rates. The movement has sparked concern among investors and jewellers who are closely tracking global economic signals. According to the All Pakistan Sarafa Gems and Jewellers’ Association, the price […]
Petrol

Petrol shock deepens: Pakistan fuel prices outpace regional markets amid inflation surge

ISLAMABAD: Pakistan’s consumers are facing renewed financial strain as petrol prices in the country climb above those in several neighbouring states, intensifying concerns over inflation and rising household costs. At around Rs414.78 per litre, petrol in Pakistan now stands significantly higher than regional benchmarks, according to a comparative market review. The gap has widened sharply, […]
Pakistan

IMF Unlocks $1.3 Billion for Pakistan But Demands Tough Price Reforms Ahead

Pakistan has secured a significant financial lifeline after the International Monetary Fund approved the release of approximately $1.3 billion under its ongoing support programmes, but the relief comes with firm and far-reaching conditions that place pressure on domestic pricing and structural reforms. The decision by the International Monetary Fund Executive Board includes the third review […]
Trojena

$4.7 Billion NEOM Shock: Saudi Arabia Suddenly Cancels Mega Trojena Lake Project

Saudi Arabia’s futuristic NEOM project faces fresh uncertainty after the sudden cancellation of a multi-billion-dollar construction contract tied to the Trojena mountain destination and its artificial lake development. Saudi Arabia’s ambitious NEOM mega-city project has suffered a major setback after a $4.7 billion construction contract linked to the Trojena mountain resort was abruptly terminated, raising […]
Pakistan

Pakistan Eyes $7 Trillion Green Opportunity After Key China Meeting — A New Climate Era Begins

Pakistan strengthens climate diplomacy as Dr. Musadik Malik engages with China’s top green finance expert to unlock sustainable investment and innovation pathways ISLAMABAD: Pakistan signaled a decisive shift toward a greener economic future following high-level talks between Federal Minister for Climate Change Dr. Musadik Malik and Chinese sustainability expert Ma Jun, in a meeting that […]
China

Pakistan Moves Toward Green Economy After High-Level China Talks—What Was Decided Behind Closed Doors?

Federal Minister Dr. Musadik Malik discusses green finance, youth entrepreneurship, and sustainable technology collaboration with China’s top climate finance leadership. ISLAMABAD: Pakistan signaled a renewed push toward a green economy as Federal Minister Dr. Musadik Malik held a high-level meeting with Ma Jun, President of the Institute of Finance and Sustainability (IFS) China, focusing on […]
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