fertilizer manufacturers

Engro Fertilizers achieves record urea production in 2023 to ensure food security for Pakistan

Engro Fertilizers, Pakistan’s premier seed-to-harvest solutions provider, achieved record urea production of 2.3 million tons in 2023 to support the Government’s efforts of ensuring affordable and abundant supplies for the farmers. The Company was able to achieve this feat and continued to play a pivotal role towards enabling the food security of Pakistan, amidst the…

Read More
easypaisa Dukan

easypaisa Partners with Dukan to Simplify E-Commerce and Digital Payments Experience

easypaisa, Pakistan’s leading digital financial services platform, has announced a strategic partnership with Dukan, a leading e-commerce infrastructure solution. This collaboration aims to deliver a seamless and efficient ordering and digital payments experience for consumers under the easypaisa MiniApps umbrella. Driven by its vision of revolutionizing the financial services landscape of Pakistan, easypaisa is committed…

Read More
Locally Manufactured Vehicles

Locally Manufactured Vehicles: ECC Greenlights 25% Sales Tax on Domestic Production

The Economic Coordination Committee (ECC) has granted approval for the imposition of a 25% sales tax on locally manufactured vehicles, marking a significant development in the country’s fiscal policies related to the automotive industry. This decision, aimed at enhancing revenue streams and regulating the domestic vehicle market, is poised to have substantial implications for both…

Read More
Sindh Barrages Project

Food Security: World Bank Highlights Impact of Government Policies on Agriculture

The World Bank, in a recent assessment, has drawn attention to the detrimental effects of poor government policies on the agriculture sector, subsequently impacting food security in Pakistan. The evaluation sheds light on the critical link between governance decisions, agricultural practices, and the overall security of the nation’s food supply. According to the World Bank’s…

Read More
IMF FBR

New Loan Program: Anticipated Agreement on a $10 Billion IMF Loan by Upcoming Government

The incoming government is on track to initiate negotiations for a new financial arrangement, eyeing a substantial $10 billion loan program with the International Monetary Fund (IMF). This prospective agreement comes into focus as part of the government’s strategy to address pressing economic challenges and ensure stability in the country’s financial landscape. The discussions surrounding…

Read More
Pakistan Political Uncertainty

Pakistan Political Uncertainty: Moody’s Deems Post-Election Situation Credit Negative

Moody’s, the globally renowned credit rating agency, has labeled the political uncertainty prevailing in Pakistan after the recent elections as “credit negative.” This assessment underscores concerns about the potential economic repercussions stemming from the unpredictable political landscape, indicating challenges that might impact Pakistan’s creditworthiness on the international stage. Following the elections, Pakistan is grappling with…

Read More
Petrol Prices

Petroleum Prices: Government to Announce Unfavorable Fuel Price Update Tomorrow

The government is set to disclose an unwelcome update regarding petroleum prices tomorrow. This announcement comes against the backdrop of evolving global dynamics that have a direct impact on fuel costs, presenting a challenging scenario for the government in managing the pricing structure domestically. Sources suggest that the impending adjustment in petroleum prices is influenced…

Read More
Corporate Restructuring Companies

Corporate Restructuring Companies: SECP Sets Fit and Proper Criteria for Key Executives

The Securities and Exchange Commission of Pakistan (SECP) has introduced a set of fit and proper criteria for key executives of corporate restructuring companies. This significant move is aimed at enhancing the regulatory framework governing such entities, ensuring that individuals in key roles meet specific standards of competence, integrity, and professionalism. The fit and proper…

Read More
Political Instability

Political Instability Sparks Concerns Among Pakistani Businesses for Further Economic Challenges

The prevailing political instability in Pakistan has cast a shadow over the economic outlook, raising apprehensions among businesses about the potential for increased challenges in the coming months. The uncertain political climate is viewed as a significant factor that could impact various aspects of the economy, creating a sense of caution and concern within the…

Read More
Dellsons Group

Dellsons Group to help Nepal form freelancers’ association

Pakistan’s Dellsons Group has signed an agreement with the Nepal Internet Foundation to build the freelancing ecosystem in Nepal, including a nationwide association, capacity-building programs, and conferences for freelancers. Chairman of Dellsons Group Ibrahim Amin said, “We have gained tremendous expertise to facilitate freelancers in Pakistan along with collaboration with various stakeholders, including commercial banks,…

Read More