Pakistan’s total external debt and liabilities currently amount to $138 billion, the Ministry of Finance has clarified in response to recent commentary on the country’s external debt position. This figure covers a wide set of obligations, including public external debt, public-sector enterprise borrowings, bank loans, private-sector external loans and intercompany liabilities to direct investors. However, […]
Karachi, Pakistan – [February, 22] — Business Line, a leading SAP partner with a strong presence in the Middle East, has officially been awarded SAP Partner status in Pakistan, marking a significant milestone in the company’s regional expansion and commitment to driving digital transformation across the country. With an established track record as an SAP Partner […]
Kamil Khan has officially exited his ownership role in Sialkot Stallionz, the franchise confirmed ahead of the upcoming Pakistan Super League 2026 season. The decision marks a notable ownership transition within the Stallionz setup as the team prepares for the next PSL campaign. No detailed financial terms of the exit were disclosed at the time […]
Punjab has launched 38 Annual Development Programme (ADP) schemes under its Climate Resilient Punjab Vision 2024, officials said, marking a rare instance where environmental and climate projects were finalised ahead of schedule ahead of implementation. Senior Provincial Minister Marriyum Aurangzeb stated the initiatives are now underway across multiple sectors in the province. The vision reflects […]
The federal government has announced significant price reductions at subsidised Ramazan markets nationwide, aiming to ease the burden on consumers as the holy month begins. The move comes amid rising living costs and increased demand for staple food items. Under the revised scheme, prices of several essential commodities, including flour, sugar, ghee, dal, and edible […]
The Pakistan Telecommunication Authority (PTA) has confirmed that the 5G spectrum auction, a key milestone for next-generation mobile services in Pakistan, will take place on March 10, 2026. The regulator told reporters that the schedule is unlikely to change, providing certainty for telecom operators preparing to bid. The auction will offer a total of 597 […]
Pakistan Telecommunication Company Limited (PTCL) reported a net loss of Rs 10.46 billion for the fiscal year 2025, according to its latest financial results. The loss marks a widening from the previous year, highlighting continued financial strain within Pakistan’s telecom sector. The company’s performance reflects pressure from higher operational expenses, finance costs and a competitive […]
The Peshawar High Court (PHC) has ordered the Khyber Pakhtunkhwa government and electricity distribution companies to maintain continuous power supply during sehri and iftar hours throughout the holy month of Ramadan. The directive aims to alleviate hardship for residents and address safety and welfare concerns tied to frequent load-shedding that traditionally affects energy access during […]
The National Electric Power Regulatory Authority (NEPRA) has announced that it will retain the net-metering framework for all current solar consumers in Pakistan, offering reassurance after recent policy changes sparked debate over the future of rooftop solar incentives. In a formal notification, the regulator clarified that existing net-metering agreements, including licenses, approvals, and tariffs, will […]
The Pakistan Meteorological Department (PMD) has forecast heavy rain, thunderstorms, and gusty winds across several provinces, including Balochistan, Punjab and Khyber Pakhtunkhwa (KP), over the next 24–48 hours. The advisory emphasizes isolated intense rainfall, possible flash flooding in vulnerable areas, and strong winds that could disrupt normal activities and transport. The weather outlook comes as […]
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