Citi Pharma overtakes rivals as Pakistan’s largest antibiotics producer with Chinese Backing
Citi Pharma has become Pakistan’s largest antibiotics maker after a China-backed expansion that lifted output tenfold to 100,000 vials a day.
Lawmakers Urge Power Regulator to Rein in Failing Utilities
Pakistan’s parliamentarians pressed the power regulator to tighten oversight of electricity distributors after rampant outages, arbitrary billing and poor service left consumers bearing the brunt of a sector already mired…
Audit says Jazz overbilled Rs6.6b; regulator faulted for lax oversight
Pakistan’s biggest mobile operator, Jazz, has been accused of overbilling its customers by Rs6.58 billion, with a government audit faulting the telecom regulator for enabling arbitrary price hikes. The Auditor…
Pakistan Plans Sweeping Industrial Policy to Cut Costs, Revive Sick Units
Pakistan is rolling out a five-year industrial policy to slash production costs, revive sick factories and boost exports, in a push to make its manufacturing sector more competitive. The plan…
IMF presses Pakistan to cut finance secretary from SBP board, fill top vacancies
The International Monetary Fund has urged Pakistan to remove the finance secretary from the State Bank of Pakistan’s (SBP) board and swiftly appoint two missing deputy governors, moves the lender…
Pakistan’s pharmaceutical poised for U.S. market gains
Tariffs on India, deregulation boost industry; Citi Pharma eyes American expansion Pakistan’s pharmaceutical exports surged 34% to an all-time high of $457 million in fiscal year 2025, and analysts say…
Pakistan Plans to Scrap Rs35 Monthly PTV Fee From Power Bills
Monthly Rs35 PTV fee to be dropped amid soaring electricity costs Pakistan’s federal government is poised to scrap the controversial Rs35 monthly fee for state-run Pakistan Television (PTV) from electricity…
Under Pressure, ‘The Nation’ Pulls Ahsan Iqbal Award Story After ICESCO Denial
Global organization denies existence of such award, calls media claims inaccurate ISLAMABAD: The Nation newspaper on Friday quietly pulled a news story about Federal Minister Ahsan Iqbal from its website,…
K-Electric Maps $2 Billion Investment Plan, Targets 30% Renewables by 2030
K-Electric Ltd., Pakistan’s only vertically integrated power utility, outlined an ambitious $2 billion investment roadmap through 2030 at a corporate briefing on Monday, leveraging a newly approved multi-year tariff to…
Pakistan Cuts LPG Prices 1.88% for June as Global Benchmark Falls
Pakistan slashed liquefied petroleum gas (LPG) prices by 1.88 per cent for June 2025, citing a drop in international rates, the Oil and Gas Regulatory Authority said Saturday. The government-revised…
