General Business News

Karachi, The United Business Group (UBG) has called for the swift initiation of the second phase of the China-Pakistan Economic Corridor (CPEC), proposing the launch of five special industrial zones to boost Pakistan's economic growth. The group's lead...

The post UBG Calls for Acceleration of CPEC’s Second Phase with Five New Industrial Zones appeared first on Pakistan Business News.

Islamabad, In response to the catastrophic floods during the 2022 monsoons, Bestway Group launched an extensive flood relief campaign, successfully raising over USD 3.0 million. The initiative, led by Chairman Sir Anwar Pervez, has significantly contri...

The post Bestway Group Raises Over $3 Million for Flood Relief in Pakistan appeared first on Pakistan Business News.

Karachi, K-Electric, the primary electricity supply company in Karachi, has announced plans to integrate 640 megawatts (MW) of renewable energy into its system within the next two years, focusing on solar and wind sources. This significant addition aim...

The post K-Electric to Boost Karachi’s Power Supply with 640 MW of Renewable Energy appeared first on Pakistan Business News.

Karachi, Sheikh Umer Rehan, Special Assistant to the President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has urged the Pakistani government to establish a 10-year policy for boosting local production of edible oils, incl...

The post FPCCI Urges Government to Formulate 10-Year Edible Oil Production Policy appeared first on Pakistan Business News.

Karachi, Engro Energy Limited, a subsidiary of Engro Corporation Limited, has finalized a Share Purchase Agreement (SPA) with Liberty Power Holding (Pvt.) Limited and a consortium, selling its significant thermal energy assets. This decision is part o...

The post Engro Corporation Divests Thermal Energy Assets in Strategic Move appeared first on Pakistan Business News.

Lahore, The Lahore High Court has lifted the order against the deregulation of maximum retail prices (MRPs) of non-essential drugs, marking a significant shift in the pharmaceutical industry's pricing strategy and potentially boosting sector profitabi...

The post Lahore Court Greenlights Deregulation of Non-Essential Drug Prices, Pharma Sector Set to Benefit appeared first on Pakistan Business News.

Karachi, Interloop Limited (ILP), Pakistan's second-largest textile exporter and a leading global socks producer, is the subject of a strong investment recommendation. As per a new analysis by JS Global, the company has a promising outlook with a pote...

The post Interloop Limited Poised for Growth, JS Global Recommends ‘Buy’ appeared first on Pakistan Business News.