FLASHNEWS:

Day: May 23, 2025

Lalpir Power Ltd Faces Financial Challenges Amid PPA Termination

KARACHI: Lalpir Power Ltd (LPL), a prominent player in the energy sector operating a 362MW RFO-fired steam turbine, held its analyst briefing to discuss the financial results for CY24 and future outlook. The briefing unveiled a significant decline in …

PM Shehbaz Sharif’s Diplomatic Tour Aims to Bolster Trade Ties

Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Amaan Paracha, has expressed optimism regarding Prime Minister Muhammad Shehbaz Sharif’s recent diplomatic tour of Iran, Türkiye, and Azerbaijan. Para…

SAZEW Reports Strong SUV Sales Growth Amid Expansion Plans

Sazgar: Sazgar Engineering Works Limited (SAZEW) has reported robust growth in SUV sales, with earnings per share reaching Rs103.1 in the third quarter of FY25, marking a year-on-year increase of approximately 2.1 times. This surge has propelled the c…

Turkiye Looks to Bolster Economic Ties with Pakistan

Lahore: The Ambassador of Turkiye, Irfan Neziroglu, emphasized the potential for strengthening economic and trade relations between Turkiye and Pakistan during a meeting at the Lahore Chamber of Commerce and Industry (LCCI). With a focus on sectors su…

Bangladesh Eases Visa Rules to Boost Trade with Pakistan

Lahore: The High Commissioner of Bangladesh, Muhammad Iqbal Hussain Khan, announced a significant step towards strengthening Bangladesh-Pakistan relations by simplifying visa requirements for Pakistani citizens. This move aims to enhance bilateral tra…