“The alliance fever that had gripped the friends and foes of Engr. Abdul Qadir Shah and Engr. Jawed Saleem Qureshi’s groups for the last few months has finally receded to a great degree. It seems that both, or at least one, has started to return to normal. As a result, both groups are likely to […]
The Central Power Purchasing Agency (CPPA-G) has requested an extension for exemption from IFRS-9 accounting standards, citing growing concerns over potential credit losses due to unpaid power sector receivables. This exemption, set to expire soon, is critical for the CPPA-G to avoid the financial hit that would arise from the inability to clear massive receivables […]
In a significant milestone for Pakistan’s energy sector, the Oil and Gas Development Company Limited (OGDCL), the nation’s largest exploration and production (E&P) firm, has made an exciting discovery of hydrocarbon reserves at the Akhiro-1 exploratory well. This well is strategically situated in the Khairpur district of Sindh, a region known for its geological potential.The […]
Pakistan Petroleum Limited (PPL) Commences Oil and Gas Production in Punjab, Marking a Major Advancement in Domestic Energy Exploration Pakistan Petroleum Limited (PPL), one of the country’s leading state-owned energy enterprises, has achieved a significant breakthrough by initiating commercial oil and gas production from a newly discovered field in Punjab. This development signals an important […]
Islamabad, October 10, 2024 – The Pakistan Institute of Development Economics (PIDE) launched its eagerly awaited book, “Driving Backwards: What is Wrong with Pakistan’s Automobile Industry?” at a gathering held at the National University of Modern Languages (NUML) in Islamabad. This publication offers an in-depth examination of Pakistan’s underperforming automobile sector and outlines a roadmap […]
Kohinoor Power Company Limited (KOHP) announced this month that it is no longer pursuing a merger with Saritow Spinning Mills Limited (SSML), citing challenging economic and operational conditions. The company communicated this decision in a notice to the Pakistan Stock Exchange (PSX), signaling a significant shift in its strategic plans.According to the notice, the Boards […]
Islamabad – October 11, 2024 – The Pakistan Institute of Development Economics (PIDE) proudly celebrates the remarkable contributions of Dr. Nadeem ul Haque, as he concludes a transformative five-year tenure as Vice Chancellor (2019–2024). A distinguished economist and former Deputy Chairman of Pakistan’s Planning Commission, Dr. Haque has also had a prestigious career with several […]
What is ESG? and what special Pakistan cables have done in this regards? There is a movement all over the world. It has been in Pakistan for five years. It has picked up under the name of Environmental, Social, and Governance, which requires that all companies conduct their businesses in a complete framework which companies […]
“The Executive Committee of the National Economic Council (ECNEC) approved flood rehabilitation programs for Sindh and Balochistan, among 19 projects presented during last month’s meeting. Balochistan’s Integrated Flood Resilience and Adaptation Program (IFRAP) is a priority program funded by the World Bank, while Sindh’s Flood Response Emergency Housing Project will receive an investment of Rs. […]
