ISLAMABAD: The power regulator has mandated a refund of Rs1.7856 per unit for electricity consumers in September bills, citing overcharges in July, while sharply criticising systemic governance failures that continue to drive up costs and erode grid reliability.
top-economy
Pakistan telecom regulator says SIM data leak not from licensed operators
ISLAMABAD: Pakistan’s telecommunications regulator said an audit found no security breaches in the licensed sector after media reports alleged that sensitive mobile SIM card data, including that of Interior Minister Mohsin Naqvi, was being sold online.
Pakistan, China to form lenders’ consortium for $7 bln ML-1 rail project
ISLAMABAD: Pakistan and China have agreed to establish a consortium of bilateral and multilateral lenders to finance the $7 billion Mainline-1 (ML-1) railway project and have outlined a four-year plan for the second phase of the China-Pakistan Economic Corridor (CPEC), focusing on agriculture, industry, and security cooperation, a minister said on Monday.
Islamabad: Prime Minister Muhammad Shehbaz Sharif witnesses singing of an MoU between Frontier Works Organization and United States Strategic Metals (8th September, 2025).
Pakistan, US sign critical minerals deal to boost investment
ISLAMABAD: Pakistan and the United States signed a memorandum of understanding (MoU) to advance cooperation in critical minerals, the US Embassy in Islamabad said on Monday, a move aimed at attracting investment and strengthening bilateral ties.
Floods to cost economy $1.4 bln, hit growth and inflation – report
KARACHI: Pakistan’s 2025 monsoon floods are expected to cause economic losses of about $1.4 billion, or 0.33% of gross domestic product, with agriculture suffering the most damage and threatening to slow growth while pushing up inflation, analysts said.
Pakistan faces internet slowdowns after Saudi undersea cable damage
ISLAMABAD: Pakistan’s main telecommunications provider said on Saturday that cuts to submarine internet cables in Saudi waters could disrupt services in the country during peak hours, the latest in a series of undersea faults to hit the nation’s connectivity.
FM Aurangzeb orders urgent review of food stocks as floods stoke inflation fears
ISLAMABAD: Finance Minister Muhammad Aurangzeb ordered an urgent assessment of the nation’s stocks of wheat, rice, and sugar on Friday, as catastrophic floods in the nation’s agricultural heartland threaten to deepen a food crisis and fuel inflation in the world’s eighth-largest wheat producer.
Punjab floods wipe out 30 percent of Pakistan’s wheat stocks, threaten food security – business leader
ISLAMABAD: Catastrophic floods in Pakistan’s eastern Punjab province have wiped out 30 percent of the country’s wheat stocks, a senior business leader said on Thursday, raising fears of food shortages and soaring prices in the world’s eighth-largest wheat producer.
ADB approves $130 mln loan for Pakistan’s energy sector – ministry
ISLAMABAD: The Asian Development Bank (ADB) has approved a $130 million loan for Pakistan’s energy sector to help promote clean energy and upgrade the country’s power transmission and distribution systems, the energy ministry said on Thursday.
Pakistan cotton arrivals up 9 percent by Aug. 31, but floods threaten gains
KARACHI: As Pakistan grapples with devastating floods that have submerged vast farmlands, early signs of a stronger cotton harvest are offering little solace to farmers and mill owners, who warn that surging import costs and lost exports could deepen the nation’s economic woes.