FLASHNEWS:

Category: Business

Power Generation Sees Slight Yearly Growth, Costs Down

ISLAMABAD: Power generation in December 2024 experienced a modest 1 percent year-on-year increase, reaching 7,801 gigawatt-hours (GWh), according to data released by the National Electric Power Regulatory Authority (NEPRA).

According to a statement…

Currency Exchange Rates Show Marginal Changes in Key Currencies

Karachi: New exchange rates released by the Exchange Companies Association of Pakistan indicate slight fluctuations in the buying and selling prices of major currencies as of January 20, 2025, compared to two days earlier.

According to a statement b…

PARCO MD Celebrates Project Success with Descon Engineering

Lahore: The Managing Director of PARCO, Irteza Ali Qureshi, visited Descon Engineering’s head office to celebrate the successful completion of a significant Turnaround project. The visit marked a significant recognition of Descon’s technical expertise…

VIS Withdraws Ratings for Lakeside Energy Limited

KARACHI: VIS Credit Rating Company Limited has announced the withdrawal of entity ratings for Lakeside Energy Limited, effective immediately, following a decision by the company’s management to discontinue the ratings. This move comes after the last r…

Historic Agreement for Agent Interoperability Signed in Pakistan

Karachi: Virtual Remittance Gateway has announced the signing of a groundbreaking agreement for Agent Interoperability, in partnership with HBL Konnect and Easypaisa, in the presence of senior officials from the State Bank of Pakistan. This agreement …

Rwandan Envoy Advocates Stronger Pakistan-Rwanda Trade Ties

KARACHI: High Commissioner of Rwanda, Harerimana Fatou, has called for strengthening trade and investment ties between Pakistan and Rwanda, marking her first visit to the Karachi Chamber of Commerce and Industry (KCCI) as a significant milestone. She …