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Ban on use of gas by captive power plants

Ban on use of gas by captive power plants

In an attempt to address circular debt issue, the Government of Pakistan (GoP) has increased electricity tariff by Rs1.95/Kwh or 15%. This is likely to translate into additional recoveries of Rs200 billion. Potential agreements with IPPs is also likely to …

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Impact of covid-19 on auto mobile industry

Impact of covid-19 on auto mobile industry

The COVID-19 has been declared pandemic as its outbreak is an ongoing global situation. Besides the human tragedy, it is severely impacting economies and industries all around the world. The coronavirus pandemic is causing disruption and economic hardship around the …

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SBP prefers maintaining status quo

SBP prefers maintaining status quo

The State Bank of Pakistan (SBP) in its latest Monetary Policy Statement (MPS) has kept the Policy Rate intact at 7.0%. The Policy Rate has remained unchanged since 25th June 2020, when the SBP had reduced the Policy Rate by …

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New developments in Pakistan auto sector

New developments in Pakistan auto sector

Al-Hajj to launch proton variants Malaysian auto giant Proton, which has collaborated with Al-Haj Automobile, the assembler of FAW automobiles in Pakistan, will be launching its SUV crossover X70 soon along with a sedan named Saga. The company has confirmed …

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