Author: Admin

Power Sector Reforms a Top Priority, Says PM Shehbaz

Admin
Shahbaz-Sharif

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday reaffirmed the government’s commitment to comprehensive *power sector reforms, emphasizing that curbing *circular debt and ensuring long-term energy sustainability remain high priorities. Chairing a high-level meeting on *gas supply and consumption, the prime minister was briefed on a *long-term strategy for stabilizing the gas sector. He expressed optimism that ongoing reforms, particularly in the natural gas domain, would play a critical role in gradually reducing and ultimately eliminating the sector’s persistent circular debt. Sharif welcomed the establishment of new exploration blocks aimed at…

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Business Confidence Rebounds Sharply in Pakistan: OICCI Survey

Admin
OICCI-Project

ISLAMABAD: Business sentiment in Pakistan has turned positive, with the Business Confidence Index (BCI) rising 16 percentage points to *+11%, up from *-5%* in the previous wave, according to the latest survey by the *Overseas Investors Chamber of Commerce and Industry (OICCI). The *Wave 27 BCI Survey, conducted in **March-April 2025, reflects growing optimism across the country’s key sectors. The *manufacturing sector led the rebound, improving from *-3% to +15%, followed by the **retail/wholesale sector, which climbed from *-18% to +2%*, while the *services sector rose from +2% to +10%.…

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KE Consumers Likely to Get Rs5.02 Per Unit Tariff Relief Amid Fuel Cost Adjustment

Admin
K-Electric

ISLAMABAD: K-Electric (KE) consumers may soon benefit from a Rs5.02 per unit reduction in electricity bills for March 2025 under a *Fuel Cost Adjustment (FCA), potentially translating into a *Rs6.79 billion total relief, pending approval from the National Electric Power Regulatory Authority (Nepra). Nepra conducted a public hearing on Thursday, during which KE presented key operational and financial details, including fuel usage, system efficiency, and measures against electricity theft in Karachi. KE CEO Moonis Alvi emphasized the utility’s commitment to combating power theft but highlighted the growing danger to staff,…

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PM Shehbaz Vows Rapid Reforms, Taps World Bank and IMF for Economic Growth

Admin
New-IMF1

ISLAMABAD — Prime Minister Shehbaz Sharif on Thursday reaffirmed his government’s commitment to fast-tracking institutional reforms and sustaining macroeconomic stability, as talks with the International Monetary Fund (IMF) near conclusion on Pakistan’s upcoming fiscal budget. During a meeting with IMF Regional Director Jihad Azour, PM Shehbaz declared that Pakistan was transitioning from recovery to sustained economic growth. “By the grace of Allah, Pakistan is now moving from economic stability towards sustainable growth,” he stated. The discussions are part of final negotiations under the IMF’s \$7 billion Extended Fund Facility. Talks…

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Thailand Accelerates Green Transition with ASEAN Wind & Biomass Energy Expo 2026

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ASEAN-2025

Bangkok, Thailand | March 25–27, 2026 — Thailand is set to host a pivotal clean energy event, the *ASEAN Wind & Biomass Energy Expo 2026, at the IMPACT Exhibition Centre, Bangkok. Scheduled for *March 25–27, 2026, this high-impact expo underscores Thailand’s commitment to a carbon-neutral future by 2050 and net-zero emissions by 2065, as outlined in its National Energy Plan. Building on the success of the 2025 edition—which featured over 400 global exhibitors and welcomed 16,000+ professionals from 80+ countries—the 2026 expo promises to be even more dynamic. The event…

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