News

Nestle, Unilever and PIA among ‘happiest workplaces’ in Pakistan: report

The World’s Happiest Workplaces 2025 list published on Tuesday named Nestle, Unilever, and Pakistan International Airlines (PIA) among the happiest workplaces in Pakistan, according to a press release. The list was compiled by WorkL, an employee experience platform that ranks employee engagement and employee happiness at work. As per the press release, the happiest workplaces in Pakistan als

US, China and UK remain top 3 destinations of Pakistani exports: SBP

The United States (US) remained the top export destination of Pakistani products during the first five months of the current fiscal year, followed by China and the United Kingdom (UK). Total exports to the US during the period were recorded at $2512.809 million as compared to last year’s $2299.165m, showing an increase of 9.29 per cent, according to the State Bank of Pakistan (SBP). However,

Aurangzeb eyes joint ventures, secondary listings in Hong Kong: report

Finance Minister Muhammad Aurangzeb has said that Pakistan was looking to explore more joint ventures with Hong Kong and secondary listings for its firms in the city. The minister made the remarks during an exclusive interview with the South China Morning Post on Monday, during a two-day visit to attend the Asian Financial Forum 2025. Aurangzeb’s remarks came ahead of his meeting with Hong K

Revision of agreements with 14 IPPs approved to reduce power cost with Rs137bn annual savings for consumers

The federal cabinet on Tuesday approved the power division’s recommendation to revise the negotiated settlement agreements with 14 independent power producers (IPPs) aimed at reducing electricity costs and saving Rs1.4 trillion for the national exchequer. In October, the government prematurely terminated power purchase agreements with five of the oldest IPPs with the move projected to save Rs41

Protocol signed with Iraq to boost economic ties

Pakistan and Iraq have signed a protocol to explore ways to strengthen bilateral economic cooperation. The protocol was signed during the 9th session of the Pakistan-Iraq Joint Ministerial Commission in Bagh­dad. Commerce Minister Jam Kamal Khan co-chaired the session with his Iraqi counterpart on Tuesday. In an announcement, the commerce ministry said the session marked a pivotal moment in