US House votes to overturn Trump’s Canada tariffs
ISTANBUL: The US House of Representatives voted Wednesday to overturn President Donald Trump’s tariffs on Canada after six Republicans joined...
PAKISTAN ECONOMY
No Change to Net Metering for Existing Consumers ‘For Now’: Awais Leghari
ISLAMABAD: Amid growing criticism from both allies and opposition over the recently introduced net metering reforms, Energy Minister Sardar Awais...
Pakistan’s Proposed Power Tariff Overhaul May Raise Inflation but Support Industry, Analysts Say
KARACHI/SINGAPORE: Pakistan’s proposed changes to electricity pricing are expected to push inflation higher while shifting IMF-required subsidy cuts onto middle-class...
Pakistan Postpones $250 Million Panda Bond Launch for Fourth Time
ISLAMABAD: The Pakistani government has once again delayed the issuance of $250 million worth of Panda bonds that were scheduled...
PTA Announces Transparency Measures and Safeguards for 5G Auction
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has unveiled a framework of transparency rules and technical safeguards for the upcoming 5G...
EU to meet in Belgian castle to tackle economic rivalry with US, China
BRUSSELS, Feb 11 (Reuters): European Union leaders gather in a Belgian castle on Thursday to thrash out how they can...
Asian shares advance after weak US retail data weigh on Wall Street
BANGKOK (AP): Shares were moderately higher in Asia on Wednesday after U.S. stocks drifted to a mixed finish following a...
Sitara Petroleum Targets Rs3.2bn Through Upcoming IPO to Fund Expansion
ISLAMABAD: Sitara Petroleum Services Ltd., a fuel station operator and logistics provider, plans to launch an initial public offering (IPO)...
Saudi Arabia Explores Corporate Farming Investment in Pakistan
RIYADH: Saudi Arabia has signalled its intent to invest in large-scale corporate farming in Pakistan through structured, long-term arrangements, according...
No more net metering as govt shifts to net billing
ISLAMABAD: Pakistan has effectively ended its net metering regime, as the country’s power regulator introduced sweeping new rules shifting rooftop...
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